Poll Your Thoughts On Next Week Market Direction

I agree. My personal opinion is Friday will be the worst; uncertainty keeps ratcheting up (Greece, no Spain! no, Britain! ...back to Greece, and behind it all the possible freezing of the entire European banking system), and I have a feeling no one is going to want to hold into the weekend. Which likely means there will be some nice pickins late Friday, maybe bleeding into early Monday.

 

It does feel like I was selling a OTM call by averaging up...Even after the trade, I am not sure if I did right...

 

Here we go...take two for 200 SMA?

 

1. Yesterday's soup giving you problems? Keep them tight, and as last resort underwear would get discolored?


2. Any news to be released this PM, or any news held to run this afternoon?

 

Too many bears caught in headlights right now.

 

I agree with you!

I just sold EUR, and this damn thing does not want to fall. Bears who shorted over last week or so might be covering.

 

LOL!

Is that not a double bottom? Where do you see the third bottom? Was it lost in the flash crash?

 

3 buns = 3 bottoms

Rennick Out

 

1:39PM (June 15): sellers between current level and 0.5% above current level?

 

Market just hit the upper level at 3:40PM. Now let us see what they will do to the buyers. Now that smart sellers are reached, does it have fuel for a retreat? We shall now tomorrow and the rest of the week.