There is no lesson. It's impossible to call the top unless you are S*ndancer! You have to be willing to take risk, set stops or be fried. I fall into the “fried” category 🙂
Oh, yeah, that's very cool. I suppose if we were going to do a jump with a gap opening, it would have been today. I think the market's toast, but still glad I have some calls. We're not totally safe in this zone.
Gawd, I could have saved a lot of money on my puts. Lesson learned.
No one showed anything, as no one here is signed up for it (that I know of?)… so we don't know what it is. But yes, I agree… we shouldn't post copyrighted or subscription related information here, or on any blog.
Look to the left side of the chart and look at all the supply in the gray/red bars. It's Volume by Price used to see where the transaction happens on the most heavy volume therefore could be the support/resistance.
Pretty heavy right now at the current levels… Going to be tough to get through it.
Red, knowing us it's probably die! Anyway, I am watching the Euro closely. If FXE falls below 1.25 and Germany renounces the Euro tomorrow, that should cause some equity selling.
awesome chart Red. Thank you.
There is no lesson. It's impossible to call the top unless you are S*ndancer! You have to be willing to take risk, set stops or be fried. I fall into the “fried” category 🙂
Oh, yeah, that's very cool. I suppose if we were going to do a jump with a gap opening, it would have been today. I think the market's toast, but still glad I have some calls. We're not totally safe in this zone.
Gawd, I could have saved a lot of money on my puts. Lesson learned.
Not even Carl? I like stalking him!
No one showed anything, as no one here is signed up for it (that I know of?)… so we don't know what it is. But yes, I agree… we shouldn't post copyrighted or subscription related information here, or on any blog.
I hope we don't show Mole sub info here. Mole is mean and nasty when he's in a good mood. Hate to get him all riled up 🙂
This is an interesting chart from “The Grim Reaper”….
http://www.screencast.com/users/grim_reaper/fol…
Look to the left side of the chart and look at all the supply in the gray/red bars. It's Volume by Price used to see where the transaction happens on the most heavy volume therefore could be the support/resistance.
Pretty heavy right now at the current levels… Going to be tough to get through it.
I think it might touch 70, first.
Yeah, like since march last year?!
Red, knowing us it's probably die! Anyway, I am watching the Euro closely. If FXE falls below 1.25 and Germany renounces the Euro tomorrow, that should cause some equity selling.