People shorting a surging uptrend, hope you got enough cash to blow. How about catching pullbacks of the uptrend for a long?
It is not an uptrend. I can identify exactly the algos that kicked in to intentionally blow the shorts into pieces. It is market manipulation ... eh ... oh, my bad, it is now called active monitoring of the equity market. =P
Market manipulation is different from normal market dynamics. The ones in control can and do change their minds. Assuming the scenario as static may or may not help one to trade properly. The last few times I posted the potential turns, they dropped 30, 30, and 40 points. All happened except that every one was terminated by either news fed out from Europe or US gov itself (e.g. rumor then confirmed direct stock buying by Israel gov). That I have no control over. =)
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Just ignore vol and my posts then. Or you can find out more at my site to enjoy how I blow my money away everyday. Isn't that entertaining?