YM Traders

700 at the moment

 

Rick


You still have WMT ?



My call still stands

 

lately nothing is what it seems, gold rising with the dollar. The old metrics don't provide much usefully information anymore. Greenspan and these Republicans have this country, teetering on the ropes. The government has become the market maker in all financial markets, just like a communist country.

 

No

 

I have a hint of what is happening from the DOW chart.
If I am right we are right near the top for the next 4-6 weeks.\

 

I will join you here on the short side, short 1 lot @10668, stop 10690

 

2:30 sell of here we come

 

Any YM traders care to tell me why in the last week the spread has moved from 10 points back to 20 between ym and the index ?

 

Well we are sure near the top of the range for the last seven months. I have a feeling these investment banks are going to support the markets till year end. You know darn good and well they are going to go out with at least 5% gains for the indexes. The got to beat the fixed income crowd, their yields are near 4%

 

You heard it here first


YM goes to 10600 in the next 6 trading days.