Especially The Gold Ones
“Oyyyyyyyyy”.
It’s hard to find words for a market that wanders aimlessly for 24 hours and puts in the lowest day’s non-Holiday range in memory.
However, the algorithm did its job perfectly today; it kept me out of this mess. I know every once in a while markets have to do this, but 2016 is more preferable than now. What is amazing is that in the last 10 trading days, 7 have had daily ranges well below $20; the other 3 were $31, $35, and $42; go figure.
All we needed today was a new low somewhere in the mix and we would have had another FWD [Flying Wedge of Death].
Granted, zombies got issues, but they don’t have to deal with this.
Have a good day everyone.
-vegas
No comments:
Post a Comment