Practical opinion. Feel free to tear apart my fellow cats.
Komen:
and this too
Komen:
and this as well
Komen:
OK. So this is our map and our addenda. I'm not going to chat much tomorrow and will concentrate on the game.
Komen:
One more thing. Why I like SPY. It''s too big to hide intentions. I do get caught by the deceivers here and there.
Komen:
4 hr chart implies a breakout is likely, lots of pressure is building up there, but I'm ready for any surprises. If anything, watching that control line I mentioned yesterday will keep me out of trouble - don't stay long below it.
Komen:
don't forget about gradual profit taking, don't fall in love with the rise, lol
Komen:
I re-hedged to neutral here. I think we made the high of the day, but the bull is not dead.
Komen:
OK guys, I'm starting to get a pretty bearish feeling here (buying is drying up at this level). Be very careful if you're net long.
Komen:
my target has been hit, I'm closing the long side of my hedged position here; if we do go higher, I'll re-hedge again
Komen:
this artificial spike is not going to last - don't fall in love with it :)
SPY doesn't trust it
SPY doesn't trust it
Komen:
SPY shows extremely low volume for such a crazy spike
Komen:
SPX 1 hr
Komen:
going short here (239 SPY), huge volume divergence on SPY
Komen:
one epic short squeeze, not going to last
+ this:
+ this:
Komen:
keep in mind guys that the majority of the market never participated in this move today = the pullback will be pretty deep
Komen:
emotional stupidity incarnated
Komen:
rofl
Komen:
www.nasdaq.com/symbol/spy/after-hours
real face of the wolf, lol
real face of the wolf, lol
