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Well if we are all convinced it's a long, this thing has to go down then right?

If we can hop back over the volume that came in at 70's, I'm thinking at least up to 73's for a test.

There's not much I can do with this slop, at least not yet...

Sorry gents, I stepped away for a bit, but I got my 70's. 50% long in full effect right after Tortoise made the call as well!

I'm thinking edge of the ledge down at 69.50's or so, what do you guys think?

Same here... Today was a snoozer. One OK trade at 6:50 PST and then another that ran out of gas. Since then, I'm watching Star Trek reruns on Netflix :)

Well put Ammo! I had a pretty disappointing performance in Feb / March, and thought the same things myself. Death by 1000 paper cuts! Upon review though (for me), my losses were due to being stubborn and not following my plan.

Woah, change of plan. Stopped at +1.

Yup. I have a limit order at 89.50's right now. If the other one were to be hit, I can't imagine how many shorts would be getting slaughtered at that point.

We have one of Austin's magic numbers up near 90's as well.

Got it. I did some looking on a longer term chart, and I'm guessing 89(ish) and then 92(ish). Things are getting really tight up here though, so who knows if it can hang in.

Where the heck do I even put a target on this thing?

No volume spikes up here. That leads me to believe that we are going to keep going up...

It's good to see the old crew back (sniff sniff) :) We're above all of that volume around that 83 area, if we pop higher again, I think we are in for some serious gas to the upside. This looks like the test above, so there's definitely a chance for a breakout failure. as well.

This is also a 10 pt. move from the low at 71.50's, so it's probably due for a breather now.

LOL. Sorry to hear man, that has to burn a bit, especially when you were clearly right about direction. You should have done what any sensible person would do....revenge traded this thing short all morning to a plundering loss. ;)

:) Actually edge of the volume boob. Just got filled at 79's.

I have a hard 6 tick stop on all of my trades, so my stop was set at 70.75's on that one.

target 79.

Maybe typo and he meant 76?