Boy what a mess. I think a special set of tools may be needed to navigate this tape. A set of razor sharp machetes may just do the trick. Clearly trading these swings isn’t for the faint of heart, but it can be profitable if you’re one of those nimble adrenalin junkies. Overall there isn’t much left to say at this stage that I haven’t already expressed over the past few weeks. So if you’re participating here then let’s limit ourselves to simply trading what’s directly ahead of us:
I’ve been looking for you! Come on in! Have a seat! That’s right, I look for you, so I can kick your mother&@% .a$$. You don’t look for me – I’m looking for you! So drag your ass on over here. Let’s be friends mother*@&, sit down, make yourself comfortable and stay a while. Because I ain’t leaving!
The real early bird special was yesterday and I hope you took full advantage of it as we seem to be trading on the right side of the tape thus far. But if you came here for a freebie I shall not disappoint but humbly ask you to first make it to the bottom of this post as we are at a crucial stage in this counter rally. Alright, I was rather skeptical about the odds of a bounce here myself, but then opinions matter little when it comes to timing one. And you already know our prime directive: When in doubt let the charts do the talking.
Wakey Wakey! We’ve got work to do! I just popped up my charts and it seems we have some attractive setups this morning that probably won’t wait around for long. Equities in particular are looking tempting at the moment so grab yourself a cup of java or tea and then let’s get to work.