by Mike L.
We here practice the notion of what's called a TRAP GAP. It means you don't go buying or selling after a gap has happened. It almost always is a trap. Always remember the words of Admiral Akbar on the Rebel Ship, "It's a TRAP!" If you bought the S&P today at 1700, I really hope you took your losses and wait for Wednesday. This market will make a decision by then. For now, let us leave you w/ Bob "I know why the markets are falling" Pisani and good old Arthur Cashin via CNBC.
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Multiple AuthorsTraders from Equity Sense will be writing on this blog on positions and other market-related things. Archives
May 2018
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