YOU CAN VIEW THE POST HERE => BIG BOYS BUY UP BIG!
What I can tell you is that the market has skidded up higher since then, and not only did the US NOT DEFAULT the government shut down looks to being solved also.
There is a saying in the market that sometimes FEAR gets so much, and so intesnse it actually creates a nice buying opportunity. This was a classic example.
Where are we at now? That that is an interesting question....the buying got so fierce in the last few days, the NASDAQ is now at YEARLY HIGHS.....
We have been warning our readers not to fall in love with the downside all this year, and now you can see why. People shorting this market are not only losing money but be frustrated to the max.
Have a look at the chart below.
Nasdaq daily chart |
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