Yeah, we are close to falling off a cliff. They need to squeeze out all the bulls and bears, by whipping the market up and down every other day, but I suspect that the real direction will play out to the downside… and probably on Thursday or Friday of this week.
I didn't see a NEW POST message, and the forward & backward words to click-on show up as a very light grey that can't see seen unless I stare right at it (Chrome user, I am) . It does show up as red if I mouse over it.
I wondered where you was… Sleeping in late from working all night a McD's huh? Earl is on yesterday's post. I guess it's hard to navigate the new site. Hope everyone likes it, and gets used too it.
I went short today too, with a 118/112 put spread, when the market peaked at about 120.55, so I got in at a good spot.
Sold all my longs on what may be the last train leaving the station. Net short via May 119/118 spread. Market VST short signal in effect. We are still a way to go before any IT short alert shows up.
By the way, we are now on a new post. I wondered where everyone was? I guess everyone is a little lost on the new site. I open to suggestion on things to make it better.
Thanks… and did you watch the video I did explaining the new site? Just click on the “Video Tour of Site” link in the header.
Carl is pretty gutsy going long at the end of the day. I went short. I guess he will take my money tomorrow, or I'll take his… LOL.
(By the way, I changed that color to blue, so you can see it now. Why they had it light grey in the first place, is beyond me?)
Yeah, we are close to falling off a cliff. They need to squeeze out all the bulls and bears, by whipping the market up and down every other day, but I suspect that the real direction will play out to the downside… and probably on Thursday or Friday of this week.
Great great charts thanks. I see now a diamond top formation. http://midasfinancialmarkets.blogspot.com/2010/…
Carl at day’s end:
1181-1195 estimate for today (14 points)
Modified to 1187-1201 later
1187–1202 actual today (15 points)
Modified estimate nailed it 🙂
Trades: In /ES at 1197.50 (very late in the day), did not sell (1198 currently)
Grade: C (may make some money tomorrow)
Seemed like a really quiet day 🙂
I didn't see a NEW POST message, and the forward & backward words to click-on show up as a very light grey that can't see seen unless I stare right at it (Chrome user, I am) . It does show up as red if I mouse over it.
No harm. I got it now.
I wondered where you was… Sleeping in late from working all night a McD's huh? Earl is on yesterday's post. I guess it's hard to navigate the new site. Hope everyone likes it, and gets used too it.
I went short today too, with a 118/112 put spread, when the market peaked at about 120.55, so I got in at a good spot.
Sold all my longs on what may be the last train leaving the station. Net short via May 119/118 spread. Market VST short signal in effect. We are still a way to go before any IT short alert shows up.
By the way, we are now on a new post. I wondered where everyone was? I guess everyone is a little lost on the new site. I open to suggestion on things to make it better.
Thanks… and did you watch the video I did explaining the new site? Just click on the “Video Tour of Site” link in the header.
Carl just went Long one unit at 1197.50
Rather late in the day
LOL… that's great call. I'd be proud of only missing by 7 cents too.