whether it is to play the dead cat bounce
or to short again
or to be ready for the next trend/swing,
the best best best thing is to wait and let the market make the first move.
operators want you to make the first move (by greed or fear).
the ones who resist the temptation escape the operators' trap and enter the trade in winning position.
right now, market is in this very position.
the greedy may blink too fast and the bleeding will be too eager to settle the score and "snatch back" the lost money.
perfect setting for an abetted suicide.
the more u wait at such crossroads, the better.
u don't only make money while inside the trade, but also while u wait outside.
give operators enough room to bluff. bluff is their only tool to trap the majority.
will like to wait on the sidelines with my hands and legs tied, eyes half sleep.
no prediction of the market, only obedience. no hurry, let her make the first move.
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