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Trading with The Fly

Dr. Fly
Indeud

Friendly Reminder: The Market is Guilty Until Proven Innocent

Dr. Fly Wed Dec 15, 2021 1:53pm EST 4 Comments

The market keeps beating you and saying sorry and you keep believing the market is a changed market, until your next beating. You keep remembering all of the good times and not looking at your bruises. You see the market shifting up now and you’re lured back into its web, thinking “this is it, this is the Satan Claws rally.”

Reminder: The IWM has rallied most frequently from 12-2pm for December.

What you really need to be concerned with here is how we close.

3pm to 4pm has not been a profitable endeavor for traders.

I too am tempted to long up. I am 100% cash and would love nothing more than to partake in a Santan Claws rally. However, I can see your bruises and would not like that to happen to me, so I am patient.

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4 comments

  1. longrun
    longrun
    December 15, 2021 at 2:46 pm

    Bold Prediction:

    WTI will never trade below $70. EVER AGAIN.

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  2. purdy
    purdy
    December 15, 2021 at 3:12 pm

    double bottom may be shaping up …silver time

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  3. emersonlakepalmer
    emersonlakepalmer
    December 15, 2021 at 3:55 pm

    Epic fail

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  4. og
    og
    December 15, 2021 at 3:57 pm

    Bears just got faces ripped off.

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