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:) :) :) That was fun.

It's not "fake" it's just analyzing and changing its mind second by second. It would be interesting to talk to a GS trader or someone that does trade size.

That's why I think they are HFT generated. My take is there's some algorithm that's deciding when to put these on and when to pull them. That's what it looks like to me.

:D I know. Although I did a quicky 10 tick short scalp a few minutes ago. Has quite a bit of support there @105.70 so far.

The one thing I notice on those big lots, which I do think may be HFT generated, is if there's upward movement and they are near the inside bid and they're pulled, that's usually a sign of a reversal, although maybe not a huge one.

Up from my nap. :) Little CL has a mind of her own. When DX is selling off and the indices are rallying and CL is just sitting there or pulling back, that's not a bullish sign. But maybe she's waiting to make her run to 107. Kidding. I did think when I got up from my nap it would be above 107...

Who knows what will happen? Everyone has an opinion one way or the other. When crude was 142 in 2008 Goldman was calling for 200. What did it do? Sold off to 32. Guessing you're long crude to start this thread with a link to that article. BTW the article is only accessible to FT subscribers...

No problem. :) Seemed wise to flatten your position. Just did a few scalps of CL and TF and heading back to bed to catch a few more winks as I was up til 1 AM and got up at 5 AM. Life in the fast lane. :) Volatile this morning. Jobs reports and crude inventories tomorrow may give us a more...

Wishing you all the best with your shorts, ammo. I was thinking earlier I'd be super careful holding shorts through any market close as you never know what could happen while we're gone. I would never hold a short through the weekend for instance. My take. ADD: Who knows where this will top...

Forgot. Here's the SuperDOM. The trading module with Depth of Market. :)

You know me, I'm like you. I'm a scalper. Although we have a different trading style to some degree. And I do well that way. But I got tired of exiting positions "too early". You've read my extensive comments on all this here which I've shared for quite some time. I think it's a matter of...

Just a few more thoughts. The reason I shorted this earlier this morning @105.32 wasn't because I thought it was overbought or had run up too high, or anything along those lines. The reason I shorted where I did was just from observing the action in the SuperDOM, and pretty much nothing more...

A bit frustrating as I didn't take my $600-700 which was there for quite a while and then I was busy and missed the breakout. Oh, well. The low or high of the day play in the first hour was there again. It just wasn't the one I played. :) I shorted the high of the first hour which I was hoping...

I did make money shorting TF. At least I got that one right. :)

This may be kicking in now. ADD: Also if you've been around for a while you know that the 1000 level markers on the Dow almost always provides an initial ceiling which it hits and retreats from or bounces off of when it's selling off.

Unfortunately I was off doing other things. Oh, well. :)

Best laid plans of mice and men. :) I thought we might be overbought and there might be a bigger pullback. Like maybe a point and a half to 104 or so. But it obviously found support again around 104.70. If you're doing a counter trend trade against a strong trend, that may be okay. But if...

BTW I'm short @105.32. Going to let it ride and see what happens.

GM :) Interesting Europe indices are down today, our futures are up. No important economic news for a couple of days. EIA report is on Thursday @ 11 AM EST due to the holiday on Monday. As bullish as the overall market's been, if crude keeps climbing that will put pressure on the indices...

What do you think? Sell the Greek news as we assume an agreement will be reached, but we don't know the details which may be worse than expected?