Archive for December, 2018

More of the same, only more so…

Posted on Dec 09, 2018 by .

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http://schrts.co/ErVJMf

When you get more of the same in all probabability you will get more of the same  — as in the first rule of trends –the present trend tends to continue.

This also pertains to volatility.  From the last high the market is down 316 points.  In the last three trading days price is down 177 points.

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As we were saying…

Posted on Dec 06, 2018 by .

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http://schrts.co/Lpj3w3

This is what happens when you try to catch the falling knife.  This is what happens when you try to go over Niagra in a barrel, or invest or trade in a maelstorm.

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Signs of strength in midst of volatility storm

Posted on Dec 04, 2018 by .

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http://schrts.co/ErVJMf

The environment remains just as volatile and dangerous as it has been.  Nonetheless signals have appeared over the past few days that would encourage bold short term traders to resume trading.  While tempted we have refrained so far, but readers should know that these are very strong signals.  Remember the apothegm about pilots: There are old pilots and bold pilots, but there are no old bold pilots.

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