1108-1138 estimate for today (30 points – ~2 times the usual range) 1090.75–1132.75 actual today (42 points ~3 times the usual range) Carl missed the low by 17 points (typical daily range is ~15)
Well gang, at this point it doesn't look like they are going to break the overhead trendline. So, I'm sitting this one out, as the possibility of a gap up on Monday, and then a crash is still in the cards.
The dollar is putting in a nice bear flag, and the market is putting in a bull flag. So who knows at this point? I'd rather sit in cash and wait for 105.00 to be hit, and go long, then to get in here and miss out on a possible better short entry on Monday.
Almost bewitching time… let's see if the PPT steps up and rallies this into the close, or just continues downward, not breaking the overhead sloping trendline. The 111.00 is good support, and could give it the push it needs? Or not?
The operators make me laugh
$DJI -1.34% = 3.14 = Pi
Pi Ritual coming MOONday
5.10.2010 = 942 CD (314*3) from 10.11.2007
Carl at day’s end:
1108-1138 estimate for today (30 points – ~2 times the usual range)
1090.75–1132.75 actual today (42 points ~3 times the usual range)
Carl missed the low by 17 points (typical daily range is ~15)
Trades: No trades
Grade: C (lost no money)
Hi Monica,
I think you better go count your Mondays, XLE.
good eyes!!!
close but no cigar for the bulls, they're being loaded on transports bound for the slaughter house
Looks like it closed right at containment!
I'm in cash Red. We'll probably miss the move down Mon but so be it. At least we will be able to sleep!
Ut Oh… rally into the close possible.
Well gang, at this point it doesn't look like they are going to break the overhead trendline. So, I'm sitting this one out, as the possibility of a gap up on Monday, and then a crash is still in the cards.
The dollar is putting in a nice bear flag, and the market is putting in a bull flag. So who knows at this point? I'd rather sit in cash and wait for 105.00 to be hit, and go long, then to get in here and miss out on a possible better short entry on Monday.
Almost bewitching time… let's see if the PPT steps up and rallies this into the close, or just continues downward, not breaking the overhead sloping trendline. The 111.00 is good support, and could give it the push it needs? Or not?
$DJI has been dancing with it's containment pt. that held it during the Jan. High
http://www.flickr.com/photos/47091634@N04/45874…