Red

I think we are going up for all of today and possibly tomorrow too?  Looks like they are turning the charts around.  I posted a DT yesterday and today…

http://stockmarketbloggers.com/trades/november-2011-day-trades/

Also I just posted my first ST…

http://stockmarketbloggers.com/trades/november-2011-swing-trades/

This is new, so you haven’t missed anything.

I would say a little back testing is in order here, before a possibility of further damage downward.

Not really, but a “possible” one is at 8:03 am showing 124.44 spy

Any FP?

Silver chart updated: http://niftychartsandpatterns.blogspot.com/2011/11/silver-triangle-pattern.html

ES Chart Analysis: http://niftychartsandpatterns.blogspot.com/2011/11/es-chart-analysis_17.html

     Hmmm.  Market coming back nicely.  I sold my futures, should be up nicely still in my etfs.  But this time I am selling at the opening, and keeping my profit in them.  Buy 10k worth and keep 600 dollars worth.  Buy 100k worth and keep 6k, that type of thing.

   I don’t see much room for getting more short here, just keeps retracing. I am perilously over positioned anyways, this is the biggest position I have ever bought of anything, even my own companies a few years ago.  But its mostly etf. Some futures. 

  Going to scale out and get a good sized free position if it really tanks today.  Carrying too much short.

I thought Linda Lovelace died?

Hey Gerb, we would certainly appreciate seeing your updates on the fan chart once in a while.

Thanks