Tuesday, October 28, 2014

W3: D2. Down day for me. Finally I was caught.

Was +88.  At the close, –$330. 

This is manipulated market, 4 gaps in a row without being filled.  Dow 17K printed in such a manner.

Swing shorts are caught.  Stops are discovered.  Bear lost. 

Lesson: 1) Treat LC’s opinions just as opinions.  Lao Yu’s comments in 2003.   Use your own judgment; 2) Pocket play; 3) NQ sometimes leading; 4) If you don’t know who’s Dick, you are.

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