I’m drinking my coffee and watching it rain (hard) outside right now. Quite peaceful actually. I’ve got it dark here in my room with only the computer monitors lighting up the room. I feel like taking a nap, but the coffee keep me up.
One other interesting factor that I had a discussion with my advisor on is this. Market manipulation causes me not to be able to take as many capital losses because of the new WS rule. Basically, yes .. ok I get shaken out of a position and take a loss. Now I have to wait 31 days to consider getting back in or face WS rules and not being able to take a capital loss. Really I think this is a way to skewer small and independent traders. Perhaps I haven’t had my coffee, but yet another rule to heard the sheep.
Washboard, G? Not sure what you mean there. And the LA Metor print is a screen capture Red has in his Flickr photos from the movie. It’s portrayed as CNN…
We are going into the “light volume” lunchtime period, which is usually bullish. This tells me there is still a good chance of hitting the 116.05 spy print before rolling over.
I didn’t see any on it… However, the 8:00 am FP was 115.25 spy (about 1152 spx), which was hit in the first 30 minutes of trading. Now we’ve hit it again. We are close to “the top” of this final wave up. Tomorrow should be ugly.
That’s the EMF waves putting the sheep to sleep so they miss the top of the market and will be forced to chase it down.
I’m drinking my coffee and watching it rain (hard) outside right now. Quite peaceful actually. I’ve got it dark here in my room with only the computer monitors lighting up the room. I feel like taking a nap, but the coffee keep me up.
Not a lot of discussion going on during an important day, you guys toiling for a living instead of tradin?
Time to get short…
😉
One other interesting factor that I had a discussion with my advisor on is this. Market manipulation causes me not to be able to take as many capital losses because of the new WS rule. Basically, yes .. ok I get shaken out of a position and take a loss. Now I have to wait 31 days to consider getting back in or face WS rules and not being able to take a capital loss. Really I think this is a way to skewer small and independent traders. Perhaps I haven’t had my coffee, but yet another rule to heard the sheep.
We gettin close there boys?
How’s Arthur today WBS? What’s his feelings right now?
Washboard, G? Not sure what you mean there. And the LA Metor print is a screen capture Red has in his Flickr photos from the movie. It’s portrayed as CNN…
We are going into the “light volume” lunchtime period, which is usually bullish. This tells me there is still a good chance of hitting the 116.05 spy print before rolling over.
I didn’t see any on it… However, the 8:00 am FP was 115.25 spy (about 1152 spx), which was hit in the first 30 minutes of trading. Now we’ve hit it again. We are close to “the top” of this final wave up. Tomorrow should be ugly.