Red

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Good Timing

I'm trading Carl's range today. Long SPXU at 26.80.

$NDX 2039.97 =100.22% off lows
$RUT 725.13 =111.66% off lows

$DJI is @ it's last daily containment pt. (11,136)
http://www.flickr.com/photos/47091634@N04/45235
Should the $DJI bust through these last 2 then a stampede may ensue
Here's a chart of the $RUT after it broke through it's last daily containment on 3.9.2010
http://www.flickr.com/photos/47091634@N04/45235

Good point.

I have one friend who has already done that, and another couple is planning to do the same. Strategy default.

It means they bet on the wrong side of the trade, and their money is now in the other party's account.

Carl’s morning call:

June S&P E-mini Futures: Today's range estimate is 1198 – 1210. It looks like the ES will drop 30 points or more from the 1210-15 target zone.

1196 -1207.25 actual yesterday (11.25 points)
1201 low last night
1198-1210 estimate for today (12 points)

1204 currently, so estimate is -6 to +6 from here (neutral)

I guess harvest means the end of the growing season, meaning they pulled out. Thanks Sun – this is more important than anything.

By harvesting do you mean gathered (bought equities) or sold them (received the benefits from an action).

Nobody needs a job Red, just go long PCLN! LOL

I got word yesterday the operators harvested a good amount of speculative capital. One large individual trader & one fund.