i don't think I would want to be long over the weekend, the SPY currently has 6 consecutive gap ups
for those that have been following my posts for the last month, you've heard me talking about the 1127.38 gap a million times well today it finally got filled
the XLF hit is de-leverage pt. of 15.01 @ the open this morning then went on to it's containment pt. @ 15.22 and closed there, GS also went and tested 2 containment pts. and was rejected by both of them
another Sun ritual was completed today with the $RUT, notice where the closed the index at, I pointed out yesterday that the low of the $SPX yesterday was 1116.66, today the high of FAZ was 16.66, no folks it's not a coincidence
it's also not a coincidence that my handle has Sun in it
Sorry you took that wrong. I didn't mean to imply it like that. I only meant to say that I'm not comfortable going long. If you and sundancer want to go long, then I hope you both do well. And since the market has been going up, I'm sure you both have.
It seems that you both have the ability to take the emotions out of the trade… something I haven't mastered yet. That's why I'm bearish, as I can't rationalize why anyone would be going long in this horrible economy, where the only person buying is the government.
So, quite the contrary to what you might think I meant, I actually give respect those of you who can leave out your emotions, and just trade the tape. You and sundancer have being on the winning side. I'm happy for you both.
Maybe I'll learn to remove my emotions from trading one day, and be a better trader. But for now, I'll just wait until the bulls are done, and go short.
I bot some puts when TF hit 666. I know traders are some of the biggest practical jokers. I am not the least bit surprised that they pushed it to 666 just for the laugh.
i don't think I would want to be long over the weekend, the SPY currently has 6 consecutive gap ups
for those that have been following my posts for the last month, you've heard me talking about the 1127.38 gap a million times well today it finally got filled
the XLF hit is de-leverage pt. of 15.01 @ the open this morning then went on to it's containment pt. @ 15.22 and closed there, GS also went and tested 2 containment pts. and was rejected by both of them
another Sun ritual was completed today with the $RUT, notice where the closed the index at, I pointed out yesterday that the low of the $SPX yesterday was 1116.66, today the high of FAZ was 16.66, no folks it's not a coincidence
it's also not a coincidence that my handle has Sun in it
Nice Job.
update 4:01 est
I know the operators too damn well
XLF closed @ 15.22
GS HOD was .06 above the purple line and closed below both the brown & purple lines
When you ppsted his stuff this morning I was thinking the same thing. TZA is tempting at this level?
Nope. Watched like a dummy.
Had it in my head that this big surge wasn't going to happen. Not sure where the notion came from, but it kept me on the sidelines.
I remember thinking: What is Carl doing?
Answer: he was doing just fine.
Did you buy TNA today?
Carl sold both units /ES at 1137.25
it's all part of the sun ritual
yesterday i put a note on one of my posts about the low on the $SPX yesterday which was 1116.66
the high on FAZ today is 16.66
Sorry you took that wrong. I didn't mean to imply it like that. I only meant to say that I'm not comfortable going long. If you and sundancer want to go long, then I hope you both do well. And since the market has been going up, I'm sure you both have.
It seems that you both have the ability to take the emotions out of the trade… something I haven't mastered yet. That's why I'm bearish, as I can't rationalize why anyone would be going long in this horrible economy, where the only person buying is the government.
So, quite the contrary to what you might think I meant, I actually give respect those of you who can leave out your emotions, and just trade the tape. You and sundancer have being on the winning side. I'm happy for you both.
Maybe I'll learn to remove my emotions from trading one day, and be a better trader. But for now, I'll just wait until the bulls are done, and go short.
I bot some puts when TF hit 666. I know traders are some of the biggest practical jokers. I am not the least bit surprised that they pushed it to 666 just for the laugh.