Please, read this article... says it all.
How To Get Wiped Out Trading
Remember that in 2008 market wiped out 4 years of gain in 2 weeks... when the market is pumped artificially long gains stays only on paper. And Obama and Bernanke are destroying american economy. I just don´t know if is on purpose, has they are doing EVERYTHING wrong or they are just incompetent.
IWM has a nice short entry @ this point. I am short since yesterday trought TZA.
META's Reverse Island - Two More Mag Seven Islands to Monitor
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Whenever we see price gapping up or down, as happened with META in
February, we prepare for the possibility of an island reversal. After the
gap up, price ...
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