At least we will have a weekend for the greece situation to get better… hopefully. Could be shorts will cover tomorrow since they will not want to hold over the weekend.. I surmise. If a bailout package comes through watch out.
That doesn't preclude a reversal to form a lower top, does it? I am too cynical to accept that it can be so easy as to form a linear up and then a linear down, eventhough anything is possible. lol
Carl doesn't seem to have a stop loss. Down 4 points and no sign of a selling it.
SPY stair stepping it's way through containment pts. on the 60 min.
http://www.flickr.com/photos/47091634@N04/45846…
$VIX is currently coiling against the TL that held it during 11.2.2009 highs & 2.5.2010 highs
At least we will have a weekend for the greece situation to get better… hopefully. Could be shorts will cover tomorrow since they will not want to hold over the weekend.. I surmise. If a bailout package comes through watch out.
not yet
I hope Carl got stopped out at a profit.
mucho gracias.
Carl just went Long one unit at 1148.75
certainly anything is possible, probabilities give us direction
I keep things simple & let the numbers steer my ship
If you aren't comfortable doing anything now take a vacation till next Tuesday and a extremely high probability setup will await you
That doesn't preclude a reversal to form a lower top, does it? I am too cynical to accept that it can be so easy as to form a linear up and then a linear down, eventhough anything is possible. lol