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SPDR Dow Jones Industrial Average Message Board

  • miltonmclaughlin miltonmclaughlin Nov 24, 2010 6:42 AM Flag

    I looking for that Hoilday POP. where is it!!

    What up DIA trader.

    IF you read my post i have a overall trend DOWN on DIA but I waiting to see if we get that hoilday POP and run. The market always has to have a crowd before it makes a move. I think N. Korea jack up the trade a little bit but maybe we can use it to help us later. The market loves to bring in the crowd. Holiday shoppers,QE2, etc etc. run run run.... NOPE you cant be fooled. They just need people in long so they can short the mess out of your trade. But i am not a fool. I know the pop is coming and thats why i am not short yet. EVEN though my indicators say this market is done. This is a good lesson. You cant just use one thing. Indicators help but dont let them control you. I want to see the hoilday POP. I think we will see it this week. Gotta go. Happy trading. I am on the sidelines... waiting for that POP.

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