Main gainer, no headache, no frustration, ez trade
Dead cat bounce and found its base at higher level so got out, should size up bigger
Tough to trade these large cap, precious metal plays. Just plain confusion and didn't know with confidence which direction it would go. These traded different from small cap, energy/oil play, and ETF like NUGT. I followed the simple TA by shorting into emotional Day2 spike and anticipated fading but didn't do what I expected in my desired timeframe so got out. Shadkin said if the play is above VWAP after 11am meaning its relatively strong, so don't fight. But apparently it only works for small cap. Large cap are different bests. The RIGHT thing to do would be keep watching them and see how HOD was tested and what happened after it was tested. In both cases, it turned out perfect HOD stuffing action and selloff from there!!!! I was 3 hours earlier!!!!!!! Timing is the KEY!
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