JPM is interesting..it's just sooo emotionally charged..so volatile...it doesn't matter where you enter 80% of the time..Just don't be greedy and you'll get away with something in your pocket.
when the governments of the world is in the headlines everyday trying to restore confidence in the banking system..you know that banks like JPM, GS, etc. won't be left behind to go to zero. And even it does, we are not trading long term, just short term. There's going to be alot of volatility intra-day basis...with HUGE price swings...very easy to play the ripples..
Even though it is not based on sound technical trading...but only price pays and this method seems to work for the moment...20 here, 30 there..they'll add up by the end of day.
No comments:
Post a Comment