The culmination of two powerful schools of thought is leading to a most profound realization—there is an edge here in these conditions.
Over the weekend, the RCS signal triggered again. This signal tends to preclude lower prices. Not always, but often.
The sooner we tend to the preclusion, the better, IMO. Over the weekend I made another call, the check back to the Thursday/Friday gap was my dream trade of the week.
Well there it and was, and there it went.
If today’s low holds we’re headed to blue skies. If not, gird your loins for a real liquidation. It’s that simple. Now I’m off to see about a hoagie.
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dicky costollo with the shake and bake.