Now we're at the Nov lows and you would expect fear in the market right?
Nahhhhh
Where's the damn fear? There aint any. Smart traders are loaded up with puts and that's about it. I could show you plenty of indicators to display this. Hell TOL hadn't bottomed and still hasn't along with KBH. BAC is going Ch. 11 (wish I had held my TOL puts...my lack of belief in indicators kinda screwed me there).
Anyways what i'm trying to say is that we need a REAL washout and hopefully it comes tomorrow because Monday's going to be too late for me :) Either way it's coming.
No comments:
Post a Comment