Originally Posted by iDumb
I think market is oversold.
today was a good day to get back in, when dow went briefly below 12500, I screwed up.. it's the freaken game last night, couldn't wake up on time. I think this is the reversal. I love it when market reacts exactly like that way I want.... but I screwed up big time. I hope I get a chance to get back in on Monday and it doesn't rally too sharply.
I mean they gonna avoid the cliff for sure, it wasn't the cliff, rather the lock in profit for the year that caused sharp down fall of market. Market would reverse for sure, the question is when, the timing.
This is why discipline is so important. from 12500 to 13500, a 1000 point dow rally awaits us.