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Might be 10 points down on Monday to form a perfect inverse H&S.

Why do you guys quit when the action just begins?

It's sad those megalomaniac morons sold the derivatives market to eurex. Look at the FOX now, three out of five days zero contracts traded, where the OMXS trades 40K+ a day. The finnish index derivatives market is dead and buried.

You think the opening range give any hints for the daily range?

Apex, you have a massive long position. Any hedge or just stops?

Duard, Norway is the only scandinavian country that has oil and gas. The standard of living is bout the same in the other countries without the benefit of the black gold.

Lots of talk about vix lately. But is it really October, as the bitch is sitting at the lows of the year? Doesn't happen too often. Anybody remember a time this has happened before?

There was this mini mini Dow a few years back which was 2$ per point. A lack of interest was the cause for the death of this one they told. Perhaps there were not so many undercapitalized traders at the time.

Rip, I would not make far reaching predictions on an hour+ rally. Especially when the mood was negative before the open.

Cool, how do you see this as bullish? Expanding range both ways. Don't look too bullish to me. Do I see some wishfull thinking here?

Rip, remember market is allways most bullish at the top.

If you have a mechanical system why do you override it? Don't you trust your system?

Porgie, as an experienced trader you should know entry is the most important part of your trade. Exit counts more only if you are in a losing trade.

Porgie is right 100 percent. You get best results if you concentrate on the one and only thing that matters : price. It reflects everything else. The more you have things to watch and more stress to stand, the harder it gets.

Who would say it better. People just don't seem to understand the meaning of the fact that oil is near its peak of production. And after that happens I would not suggest shorting it.

Should be near the end for this leg up. This long bearish expanding triangle from November would let it drop to 600. See if that happens.

What do the bearish divergencies say now? Hope you guys weren't short.

You think it will be filled before 12 or not?

Nice gap and an overnight range of over 70 points. Should be an interesting day.

Nice trading fruqi. Looking at your blotter it seems you didn't sell much on the lows. Expecting 690 to break?