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jimkane
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It's really amazing how this has went into hyper-fluctuating chop in the last half hour. Time to start moving on up.
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jimkane
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This really does give the impression it is going to roll over at every pop, indefinitely. Is that a sign that a top is in? The day of the Twit-ter IPO? Or are they just stretching out the usual one-day wonder a bit longer? Or will it be a two-day wonder this time? Great questions, all.
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jimkane
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So, the big question is, do they plan to make all this back by tomorrow? Or tomorrow and Sunday night?
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jimkane
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I'm not really foreseeing any problems with them making up this entire drop in short order. I can see it struggling a bit just under 60, but otherwise, right back up with no issues. I think a good chunk might happen in the overnight, and then the right off the opening bell ramp-a-thon. We'll see. Anyway, that's the way they've been doing it since '09, in my experience. Lotsa one-day wonders. But, some day that will change.
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jimkane
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And all the while I keep hoping this is the start of something big on the downside. I really want to lean hard on the downside. My happiness revolves around days like today. I think (just an opinion) I'm about equally skilled on the long and short sides, but since '09 I only have 'fun' on the downside. Even thinking about being on the long side makes me really grouchy.
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jimkane
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Posts: 33,089
Roll over, oh, please. Yeah, I know, there is no value to a comment like that. I guess I just post them so people can see my sentiment at any given time. And maybe there is some value in that...
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jimkane
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Posts: 33,089
This might sum up trading since '09 as good as anything I have seen. I recall in '99 when I ran into my plumber and he told me he just folded his plumbing business and was now trading full-time. Looking at some of what I am seeing on YouTube I think we are getting there.

Source: http://slopeofhope.com/socialtrade/

Source: http://slopeofhope.com/socialtrade/