Me thought I was the only one bear on this market my pain is very less now but I wish I was more patient and more greedy I closed AMS short at 710 I can no longer call myself a surf rat ( just rat now , only rat )
I think the fact that AMS couldn't even reach the 780's levels again should have been a sign. But hey in this game sometime we can't help to not be patient rat. I'm struggling with MTN - it just don't want to give in over the past week or two, but now if it falls it's gonna fall hard! One of the strongest stocks at the moment or not.
Bru I was short at 729 then bought at 710 so made a profit of 19 per cfd I thought old elliot wave would show another toffee on my system and bounce so I had two short positions sol and ams and to manage risk of bounce closed ams kept sol open the charts said sol should fall big time , what happens ams falls off the cliff and sol holds to test my patience so now its me and sol
Stephan MTN is in a bit of a pull back for now... looks like a buy at 109 if that doesn't hold then look out for 105 - good buying opportunity imo. As I speak the ALSI is pulling off a nice recovery and we green for the day and above 24300. Maybe suspecting a DOW bounce on 10300 ?
I am also out of sol waiting for a bounce and me will short some more we completed the first 5 phase of the elliot A pull back on me hour chart which says we should bounce "The dead cat shall bounce" stay away from "falling Knife " from the rat believe it or not.