Whipsaw City

By -

Today has been brutal for a lot of people. I've gotten whipsawed a few times myself. The worst was when it seemed the market was about to finally break out big-time, so I bought SSO and QLD. Soon after, I noticed this little item in the comments section:

That was eerie, since that was just a hair above where the market was trading when I read the comment. And – wouldn't you know it – WOOMP! – it immediately started falling.

Before anyone even asks about 2sweeties, here's his site.