I shortened it at the top of the channel, was that a mistake?!
m3t4lz0n3
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I just thought that during melt-up phase, all indicators will be rendered useless ? I smell FOMO and probably buying the next pullback on Friday. What do you think ?
hungry_hippo
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@m3t4lz0n3, I think tomorrow is a pump and dump. if it's a meltup then it'll go back up Friday. Not sure yet.
You know how this works though..... every time they pump regional banks it tanks the next day. Not feeling all that bullish, I'd rather fade the gap tomorrow than try to squeeze out the morning pop.
m3t4lz0n3
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@hungry_hippo, Sounds like a good idea. Lets fucking go !
hungry_hippo
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@m3t4lz0n3, I dunno, I might just stay out tomorrow. Funny thing is, Thursdays are usually buy the dip days for the Friday pump. We'll see what WMT earnings look like.