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trend day, no pullback.

Magic hand hard at work again......

Short against the trend....63. Stop at 77

Flat at 52.5

http://www.nytimes.com/2012/07/08/business/barclays-case-opens-a-window-on-wall-st-fair-game.html?pagewanted=2&_r=3

Next target 31.5-32 then 35.

lower to 27

Taking half off at 27.5.

Fighting the trend but looking for some support here.

Taking small long at 20.5

There's that bounce....need to see how high it can go as it doesn't seem to have much in it. Have a nice weekend. Not much econ news coming out early in the week.

Exactly, which is what makes it interesting. One can only go with probability and that is probably one of the biggest factors in this game. Statistics and probability as this is a math game. Pulling in points is the main thing. Once one finds a method/system that one is comfortable with, even if...

Price action should give one clues as to markets' behavior. You can assume how markets will move but assumptions are just that. Price action along with S/R should give you clues if daytrading. The McClellan was also a good sign of a short term top.

Remember the saying....manip up, manip down and one will start to recognize the way the markets behave.

Manip up, manip down has been going on for years and I've been saying it for some time. If one doesn't know how the game is played, one shouldn't be playing it.

As usual manip up, manip down. Systematic buying and then systematic selling. Gotta love how they have this game wired. If this area breaks, could see a drop to the 1335-37 area before the day is over. Due for a bounce but manip up, manip down.

Covered remaining at 50.5

Covered added position and half of original short at 58.5. Still holding although possibility of pop with econ numbers today. NYMO and NAMO McClellan Oscillator were both overbought being my reason for shorting. Still holding half of original short. Will add on pops higher.

catalyst could be ecb rate decision.

http://www.businessweek.com/news/2012-07-03/jpmorgan-probed-over-potential-power-market-manipulation