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Reply #12: Getting close. [View All]

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SlowDownFast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-27-09 10:20 AM
Response to Original message
12. Getting close.
Edited on Thu Aug-27-09 10:23 AM by SlowDownFast
I'm starting to edge in on the short end, but watching very closely - like at-my-computer-every-hour-of-the-trading-day closely.

Todays drop seems especially convincing, but stick-saves via intervention and lies/rumors (via CNBShit - their mouthpiece) can happen at any moment, as we have seen before.

The game is rigged and traders really need to be on their toes.

The big money bounces between Equities, Treasuries and FX. You have to watch all three to try to get a handle on where it's all going.

Technicals matter less and less. Stay on the sidelines unless you really have an inkling of what you are doing.
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