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I want to short LuLuLemon....just on principal for the fubar name :p

Nice call on adding to short oil. Reaction to news is short-term bearish....showing that fire, talking about loss of barrels, everyone "knows" its going to $100....and only up $2....its already off $1....hmmmm

Teetering on the top of the ladder.....feels like it wants to fall

Finally starting to see that the chess analogy and how institutions move big money is very real

Thank you, that just answered my last question

Does this strictly apply to a range bound market....stops get triggered through a price spike, right before reversing through to the other side of the range....thereby reinforcing the range? Or is it fractal across the board, for tops and bottoms in general?

Thanks for sharing

Trap the trade

No, not a jinx, just contrarian indicators.

No, not a jinx, just contrarian indicators.

Oil moves on every little happening in its industry, talk about volatile..I got smacked once on a narrow range day when price suddenly spiked up, and then proceeded to imitate climbing stairs on the chart...over $2...within a minute. Two minutes later, heard there was a fire at a refinery.

Personally, I haven't bought something from Sears in years. Across the board, retailers are revising downwards. The real tell is insider sales, don't know if they are unloading ala Muzillo at the top. I liked your viewpoint that the major players gunned the markets, effectively spiking the...

I think most are here for that very reason!

Can't debate you there on 09/11....can't predict, just have a viewpoint....and be willing to change it in a heartbeat. That being said, in trading you don't fight the Fed, you go with the flow. In macro position plays, you have to form a viewpoint and place bets accordingly. Macro, I think...

Are you private solo, or at a firm?

What platform is that.....

Nice to see others online so early

Exactly

In response to this and your other posts, I'm thinking along the same lines. Today (Wednesday), suddenly everyone is all warm and fuzzy thinking the Fed is going to save the day - stop a recession, clean up the credit mess, insert whatever else ails us here. "Its a foregone conclusion", "the Fed...

Thanks for the update, I like this journal - not too many people here trading the bond markets.