Not to worry folks

"Charge up up and away!!!!!!!!!"


or not...

 

today should be confirmation of the market turning south....short from 1230 stop at 1235.....gl to everyone

 

I said charge!!!! giddy up!!!!! go up!!!!! dont you break that trendline, hum still plenty of time

 

doesnt look like it today, boys

 

high expectations lead to big disappointments. Google will show a good report but not good enough, sinking the market to 10,300.

 

LOL
I've always thought that yelling at the screen is the best part of trading. Who came up with all this "not being emotional about trading" crap?

 

That was some rally ...... (Yawn)

 

Well, no late day rally but maybe the midnight crew can get the market where it needs to be.

 

does anyone who has access to such analysis know of the 'odd lot' shares ratio today? i bet it was higher than usual..... you know what happens when the 'odd lot' ratio peaks on the long side, right? (hint: small odd lot investors are generally wrong)

 

A traditional idea is that the first 30 minutes of trading is emotionally driven ("dumb money") while the last hour of trading is based upon more reasoned analysis (institutional "smart" money). Lynn Elgert detailed the "Smart Money Index" in a Barron's article shortly after the 1987 crash++