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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Poll Results: Fail

RaginCajun Mon Feb 25, 2013 8:58pm EST 1 Comment

Here is our poll results from the weekend sentiment poll. According to the results, the majority thought we would stay above 1500 this week, fail:

Screen Shot 2013-02-25 at 1.20.00 PM

Going with the majority vote the past few weeks would have been the correct move, but not this time. Just when you think we are headed to fresh highs, the market shits itself and sells off below 1500 all in one day.

Straight up nasty reversal today. Bears have the upper hand.

 

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One comment

  1. Anton
    Anton
    February 25, 2013 at 10:20 pm

    Oh, wait, I didn’t see your poll this weekend. I say we were going to sell off today. (TIMESTAMP)

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