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Technical damage tends to do it.

Regardless of differences of opinions or even bad market calls, a newborn merits celebration, congratulations on your baby.

The beauty of technical analysis, simultaneous bears and bulls at any given time, otherwise price would travel vertically. Technically, until there is a close above the may highs, it remains a downtrend, so I am basically fading a retracement inside a downtrend. Looks good to me for new...

Reinforced the position by adding some more 40 Jan 14 Puts to the short build. My reasons for shorting ADT are purely technical, my fundamental reason would be RM. Expecting a drop below 38 as a minimum. Best wishes to everyone, especially to the kind OP who time and time again shares...

Good time to exit longs from the weekly bullishness would be 4:14 est.

I hear you, you betting on this July earnings report for the big breakdown.

Thank You Mr Chan

Surf, Reconsidering the DOW top being in place for 2013 ?

Actually, exercising patience to short above the days high in AH or the next morning is even better; because such extended moves tend to create aftershocks.

Joined the ADT short party with 8 x 40 Jan 14 puts. Go shorties :)

That makes no sense whatsoever, considering you are short, being long and expecting 1673 to reverse short sounds a lot more logical though.

Hard for me to understand the techniques of some of the fellow traders in the journal. Mostly counter traders, adding to heat and using large stops, basically opposite of what I was taught and do... but I guess that is why they call it a market. Best wishes to everyone.

ES hit 1660.75 in after-hours.

Afterhours acting strong bulls in control.

RN, To me is about setups, I spot them and trade them, if I dont, I keep looking for them. As far as execution, there's no deviation, stop and target. I try to keep it very simple. However, finding the setups with positive expectancy was far from simple or easy.

Not impressive size to consider takeover, a hard bet yes, but far from takeover numbers. In my opinion, ADT just doing a technical move, downside should resume shortly on this stock.

Will respectfully disagree.

The beauty of technical analysis is that it can explain and predict the rational and the irrational.

I was mainly clarifying my believe of manipulation and agreeing with you.

For swing trading indices, it is my preferred choice as it gives more bang for the buck and in swings liquidity and slippage plays a much smaller role. In other words, Russell usually moves more.