Hi,

Apologies for getting this website up for the last few days. I am experimenting with a few options and with so many things to do and so little time, it is very frustrating to not able to get this website operational as fast as I can. I gave myself a deadline, that this website must be fully running by Sunday.

Dow almost fell this morning but they saved it. Which means, the market still have strength and it looks like the weekly hammer is in play. Next week in US will be option expirations, which means there will be whipsaw, either up or down. Like I mentioned in YouTube and webinar, October is a very volatile month, therefore if you cannot stomach the risk, then let the dust settled first before making a decision. This is a trader’s year. Jesse Livermore said, “There are time to long, there are time to short and there are time to go fishing”. This is one of those time. If you are still thinking of longing, market is now getting overbought and you will be chasing. Can it go higher? Of course but the risk and reward is not on your side. To short, in my opinion, market will be coming down. It is catching the timing that is tough at this moment. Market still refuses to fall and seems like Europe is coming out with “good news”. Europe is bad and it is getting really bad. It is just a matter of time, question is when?

I am still in short position and looking to close it if US go higher tonight. Apart from that, I am just waiting… and waiting… and waiting, very frustrating, but waiting…