Just a guess, but I think they do a pump and dump, because that's what the market always does. Certainly seems like they're setting up for it, only 2 red stocks on my whole radar.
Note the drop may not go as far as I'm predicting, the market does appear to be melting up. Could just be a small dip either tomorrow or Thursday.
Note the drop may not go as far as I'm predicting, the market does appear to be melting up. Could just be a small dip either tomorrow or Thursday.
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Note: With RSI and MFI being overbought, I would not chase the pump hoping for a gap up. I'm more looking at fading the gap tomorrow if it gaps up
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The alternative scenario is an ABC type move where it throws a giant bear trap tomorrow. In any case, not worth holding a long position overnight
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Cautious money bailing now instead of playing the gap....
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Could roll over before open if EUrope goes red. We'll find out in teh morning, going to sleep
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General idea was right though the magnitude of my arrows might have been off. Flipped all my puts on the initial drop, won some, lost some. Pretty much a wash, lol
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Market is buying the dip, possible melt up coming. I told you guys earlier this week to short TLT, lol
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Best guess now is melt up until Fed meeting
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OMG, looks like my chart was right so far....
Of course this implies a pump tomorrow. We'll see. Indicators didn;t go oversold. A lot will depend on inflation news I think
Of course this implies a pump tomorrow. We'll see. Indicators didn;t go oversold. A lot will depend on inflation news I think
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So close, lol. Market selling the stupid premarket pump on no volume, obviously 6.8% inflation is not good news even if it's slightly lower than expected, lol
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You guys gotta hit play on this, it really was close. Just the prediction for today was off because the news wasn't good at all