Midnight rally

Discussion in 'Trading' started by Rickshaw Man, Mar 24, 2005.

  1. chillibean

    chillibean

    very oversold here
     
    #1071     Feb 16, 2021
    noddyboy likes this.
  2. noddyboy

    noddyboy

    joke or serious?
     
    #1072     Feb 16, 2021
  3. SunTrader

    SunTrader

    Oversold? S&P Friday hit end of year target some on Wall Street already had for this year!

    What's a little selling to start the day. Punchbowl won't be taken away anytime soon.
     
    #1073     Feb 16, 2021
  4. destriero

    destriero

    I am IPO'ing a SPAC. Ticker: FOLO.
     
    #1074     Feb 16, 2021
    Relentless likes this.
  5. Overnight

    Overnight

    Tonight could be a tough one, as China is once again closed for their Spring Festival. But we gots retail numbers in the morning, and projected to be positive. Hell, we haven't had a positive core reading since November. Hmmm!

    Will watch the pre-8PM drift. Would be more comfortable on a long swing if it dips in the ETH.
     
    #1075     Feb 16, 2021
  6. Overnight

    Overnight

    The closing action going into 5PM looked nice. If we can drift lower or remain steady-state to the 8PM hour...Hrmmm. We also have some GBP numbers in the early morning. Hmmm...Hmmm
     
    #1076     Feb 16, 2021
  7. SunTrader

    SunTrader

    Guess you could say sideways is nice after the downdraft 10:30am on.
     
    #1077     Feb 16, 2021
  8. Overnight

    Overnight

    In the JUN long at 13712. It's in profit, but I am jonsing for a rise as we near the retail numbers tomorrow morning.

     
    #1078     Feb 16, 2021
  9. SunTrader

    SunTrader

    13711 or there abouts is support on March contract the way I see it. Too thin yet to say where with June.
     
    #1079     Feb 17, 2021
  10. Mr Bean,

    I'm happy your taking advantage of the overnight rally. Ive studied it for well over a decade. There will come a time when many overnight sessions don't payout. I can tell you over the long haul you will make money. I would ask one thing from you. Please keep it to yourself.
     
    #1080     Feb 17, 2021