Crazy flat right now. Great for the bulls, imo, as the divergences and overbought conditions from the recent bounce can be worked off without much damage. There is obviously not many sellers left at these levels, so I'm staying long...
Low_Pro
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Me too.. This is a coin toss that one way or another is pushing past 670 very soon... Don't want to lose position over a coin toss.
flibbr
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Did you sell and rebuy lower to reduce that base price yet ?
Low_Pro
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Can't do that with such a large Negative Tradable Balance. I'd have to close, short, and it drop over 40 points, and then re-long for the base position to lower relative to the volume of long I bought at such a high price.
Low_Pro
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Doing so accurately would be even less likely, and would only incur a small gain in comparison. So statistically I'm better off just holding in this bull market... UNLESS this drags on for another month... Then it will suck, but right now my best option is to hold and wait.
ItisCalvin
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It seems so possible but looking around sentiment wise I can see many shorting or skeptical of this stability. I do not know if we are staring at the edge of a cliff right now are going across a rickety bridge.