I think I mentioned monday or tuesday I was looking for 84 sometime this week I just didn't think it would almost go to 89 first. I should go back to just making 1 trade a week. Man KC down to 202 I need a drink.. As I type this it looks like we are either going to form the right boob with a nip around 84.20 or it will go up and we will have a perfectly distributed day which seems like it would be bullish in this case.
I need to get a clone of NoDoji's crystal ball, dammit! Here's a shout to ND for her call last night. The volume curve looks like a giant finger, you know the one. My posts need one of those Jackass disclaimers attached...
:34 stop trailed to .67 and stopped out --> +53 ticks --> Rolling p&l +45 ticks (43 after comms). A bit too early probably, but thinking this should ease up during lunch. Agh! Stopped out to the tick just before that little extra push... well...
Yeah, this is really starting to hurt. The turn must be close. China's Friday was last night so Asian markets are closed for the weekend, so this market just needs to get over it. It's coming into the ideal buy zone, but this one may end up costing me money... Needs to throw me a frickin' bone here. I am either going to be a genius or sitting in the corner with a fucking hat on. Hey riskaddict, much as I like boobs and nipples, I favor the second scenario. Please see what you can do. Ouch.
Anyone short sugaaaaaarrrrrr? Assucar mi'amol!!! Edit: another victim of an increase in margin requirements. Btw, NYMEX has increased the margins for volatility trading, probably a precursor to an increase in outrights if we keep making new highs or if we start to see more 3-4 dollar moves like today.
What month are you in gov? Why not scalp some on the front month to the short side or buy some puts since the ovx just pulled back which is bullish in its own right.