RE: US Stocks - Watchlist and Discussion (Premium)
(2014-05-08, 09:01 PM)shaunattwood Wrote: I just love shorting a nice long top formation like LPX, its on my watch list for a neckline breach, Stan wrote that everyone who bought in the top formation is essentially trapped when Stage 4 commences, and these trapped buyers will jump into panic mode on the way down
I've seen a lot of that over the last week or so, with multiple stocks collapsing and literally losing 50% or more of their value in the Nasdaq and Small Caps. It has literally been carnage this week, but has largely been ignored by the tv pundits as the large caps have mostly kept on chugging along. Sign or things to come in the large caps, or just a transition from growth to value. Time will tell...
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.