It appears that this candlestick pattern mentioned a week ago has playing out as anticipated.
Might be time to take some profits.
This particular ETF has extreme volatility and should be treated with extreme caution.
Might be time to take some profits.
This particular ETF has extreme volatility and should be treated with extreme caution.
Take some profits?
ReplyDeleteI heard ya PW and now waiting for a technical bounce before shorting the %$#& out of more weakling stocks.
John.
I am with you John. Not sure how much further the market will drop before a bounce, but took some profits anyway. Once the bounce is complete, it could be a very profitable wave down for the bears :)
ReplyDeleteI think it's about to start... ;)
ReplyDeleteRegards,
John