Were You Too Bearish Heading Into Last Week?

Posted on by Jason Leavitt

Were you too bearish heading into last week? This is what we told our membership base last weekend.


0 thoughts on “Were You Too Bearish Heading Into Last Week?”

  1. Bounce? Honestly, all the downside of June just gone in 5 days? Bounce? largest up move in two years? on what? what a sad joke this casino has become…

  2. This report of yours didn’t have a lot of impact in my
    opinion because there was too much hindsight involved.
    In fact it was a waste of my time, to tell you the truth.

  3. Well done Jason. When I have more time to trade rather than buy and hold my oil holdings, I hope to become a member. Keep up the good work. By the way, you and Charles Kirk should collaborate. I’m sure you both have something to share with each other. All the best –

  4. Howard I am a member and he did post the same info as here and it was not hindsight and it wasn’t a waste of time, maybe if the market keeps going up it will not be a waste of time now, open your mind and eyes.

  5. Jason,well done from 1 week ago
    do u have half a membership as i only trade the indexes not usa stocks or opts
    and i would like to get this type of info when it happens
    in tues preopen or before can u give us info on–DONT BE TOO BULLISH OR NOT —INDS
    or do u see more legs to this
    heres what i see
    we had a truncated 5th wave down or a slightly higher low and no break of the mar low
    ind we were having trouble at 1265 spx and as a daytrader time to watch
    then a explosion to the right hand shoulder where we are now on greek news and rising euro
    but low vol consistant to a RS
    this is a rare set up and has only happened a few times—2000 and 1930s
    does this spike morf into a up trend to new highs or does the spike get retraced fast as in the previouse patterns
    WHAT DO UR CURRENT INDICATORS TELL U
    as a daytrader my current plan is not to go long even if i miss more up–i feel there is to much risk from here to the up
    i will wait and watch my tick chart and other inds for some selling presure
    WHAT IS UR OPTS TELLING U RE WHERE THE SMART MONEY COMPARED TO THE RETAILERS IS
    we will prob not have a turn till both are oppposed—but could sideways untill all the mutual /pensioners are fully in on the wrong side
    cheers /js

    1. JS…I’m definitely not chasing here. The easy money has been made. It’s hard to buy after such a huge up week…and many individual stocks did even better. I’m in wait and see mode. Let’s see how the market acts when it does some backing and filling.
      BTW, all memberships come with a 2-week free trial, so you can check us out and not be committed.

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