NQ - 1 Hour
CNBC Tout Jim Jonestown Crammer put forth the Meme the NQ could
actually bottom the day after Wednesday's selloff.
Then, Jimmy decided - well...
We're not oversold yet.
_______________________________________________________________
Guyana Punch.
_______________________________________________________________
We need to see a Capitulation Event, as we always do.
Panic selling on Margins squeeze.
A Flashpoint where Money Managers toss-off.
_______________________________________________________________
The "theme" appears to be making the FED gag reverse Policy.
Interesting mentality and in synch with overall behaviors.
________________________________________________________________
We have further to correct. How it unfolds will be manic and extreme, unfortunately.
In the Real World of Equity Markets, Financial Media is only a guide to Sentiment and
how Wall Street is positioned.
Price remains and will remain under pressure for the near term.
Cash is an excellent position if you miss the Fill until the next Fill arrives.
Chasing Price... never a good idea as the Measured Micro Moves are working very well
as is Time.
Patience choose your entries wisely, there is always another Trade.
actually bottom the day after Wednesday's selloff.
Then, Jimmy decided - well...
We're not oversold yet.
_______________________________________________________________
Guyana Punch.
_______________________________________________________________
We need to see a Capitulation Event, as we always do.
Panic selling on Margins squeeze.
A Flashpoint where Money Managers toss-off.
_______________________________________________________________
The "theme" appears to be making the FED gag reverse Policy.
Interesting mentality and in synch with overall behaviors.
________________________________________________________________
We have further to correct. How it unfolds will be manic and extreme, unfortunately.
In the Real World of Equity Markets, Financial Media is only a guide to Sentiment and
how Wall Street is positioned.
Price remains and will remain under pressure for the near term.
Cash is an excellent position if you miss the Fill until the next Fill arrives.
Chasing Price... never a good idea as the Measured Micro Moves are working very well
as is Time.
Patience choose your entries wisely, there is always another Trade.
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