Yes. Right on that we had end of quarter and almost a retest of lows in Jan -Mar now July I do watch volume intra day as well as daily for volume reversals here we are again at 1277 lol
So far so good with the pivots today, <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/-ID1U4B0Yfs&hl=en"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/-ID1U4B0Yfs&hl=en" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>
Not so fast. . .I took a break from "watching" things and I'd say the "Ball" Rennick watches was nailed again. I know we are not yet at the close - but the 1268 target is just about met (lol). I of course held throughout and am gonna be holding overnight - perhaps through the weekend. Not sure if we'll see the 1255-1257 area just yet - but all-in-all profitable day to be short.p$ Meanwhile the Vix continues to ramp higher. Although my positions did move from 1375 - 1400, the profits have been insane coming back down to now 1270!! 1268:eek: and we're off and runninnnnnnng!
GOOD FOR YOU, I just covered right @ 1268 flat had my order in I am so glad to hear you are doing well
I am not in right now My target was hit but I am glad you arew holding I can see you getting a retest of 1261 and we will see if it holds was thinking yesterday did not have enough volume to call a bottom and here we are down 135 today
Well guys I thought the bottom was in I got 4 e-mail's saying from market guys saying the bottom was in Well 1250-1221 I think we will see that soon ( every Rally was sold I mentioned that last week ) I hope most here where short today If not there is always another trade
I feel risk shorting the market and going long.... The trade here is to sit tight and wait patiently, if anything until the dow breaks 11k.