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This isn't a matter of fright. It's a matter of risk/reward, and as always there are plenty ways to skin a cat

As usual, it is done with low volume.

Interesting entry

On days this strong, I don't put on shorts. However, TF is showing some relative weakness. Edit: shorting the 100 day at 1122 may make you some money.

Wow, I was late to the bull train station again...when's the next train coming?

I picked the 1107-08 based on my 2 hr chart. 06-07-08, same ish. I look for 98

I don't expect it to go to 1107-08 today, nor will I be surprised with a touch of 98 again. I anticipate that point holding, and may be a nice entry long.

Hope somebody tagged along. Here's the improved version...improved as a function of time and Price Action. Plan and react.

Longs in this area may not be a bad idea. Swing longs may even be better....with stops ofcourse.

Hmm, I really doubt that, but anything can sure happen. I see evidence of buyers in this market.

So here's what I'm anticipating, it an IHS on the 30 min chart. f my price level @ 98 is violated to the upside before a right shoulder forms. then go long till about 1104-05

91 or 1104?

Hmmm....yea...don't know about that. Anyways,, we got the numbers topnotch suggested.

What was that?

Bottom of the channel is at 88 and we need to close above it to maintain an up move. we also have that pretty IHS that's looking weak right now...we all remember how violent a rally we got when the last HnS failed. Let's see how she plays out.

Great trading day. Just some random market commentary, please forgive me for the length or if you see it as useless. It is becoming increasingly clear to me that the market will tell you exactly what it wants to do if you listen to the old hag. Furthermore, if you are aware of the fact that...

/NQ just bounced of 65 again. Does that constitute a double bottom? If so, go long!

I'm looking here for a long around this 3.50 area. But I'm not sure if those Tboyz are done touching each other and get back to work already before I turn bearish. I don't have all day

Bad idea.

Long 7.50. 3 pt stop