nice defense. With all this chop, it's tough to figure out where we are in the count. But something needs to give here soon, only 2 days left of I1 dropping. Maybe only one and a couple of hours--you had mentioned the low could come in early Thursday.
which brings up another question: How confident are you in the I1 timing? That is, how close are you comfortable playing it? To the day? Or are there a couple of days margin of error?
The reason I ask if that if you feel the I1 is nearly 100 percent reliable down to the day, then why not hang on to your short positions until early Thursday?
nice defense. With all this chop, it's tough to figure out where we are in the count. But something needs to give here soon, only 2 days left of I1 dropping. Maybe only one and a couple of hours--you had mentioned the low could come in early Thursday.
ReplyDeletewhich brings up another question: How confident are you in the I1 timing? That is, how close are you comfortable playing it? To the day? Or are there a couple of days margin of error?
ReplyDeleteThe reason I ask if that if you feel the I1 is nearly 100 percent reliable down to the day, then why not hang on to your short positions until early Thursday?