Just a side note: If you have sent me a PM in the last day or so please bear with me. Been extremely busy on my first holiday off since Christmas. I will get to all of them this evening. Thank You, 4re
Gracias JJ ... if your juju is working just stay with it and grow. As a great man once said " there are many many ways to skin a cat, just so long as you wind up with a bald pussy" Actually, that could be the thought of the day.
ROTFLMAO...I like it, man... I have to say with the mixture of trading methods we have in here I am very proud of the fact that we can all discuss our differences and not be attacking each other. It is more of a trading partnership we have going here. This is out of the ordinary here on ET. As a matter of a fact it never happened on Raging Bull either. That is why I left there. Thanks to all of you guys for making this happen. 4re
Looks like we have a pennant forming now on the 15 minute chart. Not out of the ordinary during lunchtime. Here is what I am seeing. 4re
Hardyard's talk about volume reminds me of marketdelta.com HD, is that an accurate assumption? Cariocas
JJ, The problem that I see right now is this. We broke a fairly major support this morning at 1279. This has us in mo mans land right now. It is very hard to figure/guess where we will be at the end of day or where we will go tomorrow. I do know this though. I am glad I am done for the day. 4re
The answer to the question lies in the body of your post (once 1279 is breached, look to go long). If it were going to sell, I would expect it to be selling harder. My vote (which I am not trading a position on, btw) is that the market works back up to at least 1288+ a tick or two (Monday's H/C). Watching and waiting (while taking a cue from your deck and taking care of a lot of business). Later, JJ
On the 1279 I agree. Will be interesting after lunch to see what happens. I didn't think we would break 1279 during lunch though and we did.
Yawn, everybody gets to be half-right today. The markets didn't sell-off. But they didn't make a big up-move either. Nice tight range though ... Let's see what mañana will bring. Later, JJ