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Game of observation is what we all do... being that those channels didn`t hold up & we went through them like a hot knife thru butter.. I see some technical damage being done here on todays session.. How bout you Spec? You seem to be a level headed trader without bias leaning either way?

Initial lift was spanked & made the LL... Then the Calvary/PPT stepped in right on cue to prevent further hemorrhaging for the day with a little late session rippity-rip.

Any lift here should be met by sellers .. followed by LL/ Lower lo`s on the day. We are Heavy & we are Bloated... lipstick coming off.

2400-2425 Handle is the Target zone... We may print it before you know it! It`s going to take one hell of a PPT effort to negate this move.... Previous swing hi squeeze to 2800 had quite a few shorts capitulating on that jam job north!

2400-2425 Handle is the Target zone... We may print it before you know it! It`s going to take one hell of a PPT effort to negate this move.... Previous swing hi squeeze to 2800 had quite a few shorts capitulating on that jam job north!

Here we Go! Apex has broken downward as noted... This is the commencement of my 300- 350 Handle slide off the Diamond Top as Build Out appears to be complete, according to my calculations... Heavy Heavy..............................

Premature cover....

Here we Go! Apex has broken downward as noted... This is the commencement of my 300+ handle slide off the Diamond Top as build out appears to be complete, according to my calculations... Heavy Heavy..............................

I think the Derek Jeter approach to baseball as ours is to trading is the most psychologically sound as not to get too High when up & not too low when down... To keep it on an even keel is easier said than done.... as we know. 1996 or`97 was my first $10K day.. buying Lucent Calls on the open...

I don`t believe he was first aboard that train... Sounds like he caught wind of it, jumped on board & piggybacked it... but to his credit, he pushed his chips into the middle as it`s one thing to see an opportunity & another to act on it with size.

S & R are not very significant in a tightly wound apex where Vol is drying up.. which is why we are slicing & dicing our way through them... very little relevance until we break out. Coiling Up.... Heavy Heavy

Then why are you net short?

Ahhh ... An epiphany!!!!

Heading out to a Real Estate foreclosure auction for the day... let your winners run & play your stops tight to the vest... the story lies in the bigger picture!

Pekelo, Every other post, you choose is an alternating stance from bearish to bullish...back to bearish & now bullish.... & when either occurs, you`ll claim victory & that you were right? I know you don`t trade money & that`s ok but every one sees your constant straddling & yet you want to be...

Did you say short? ..... Perhaps you finally see what I see!

BINGO! After a soft selling open.. Bullys got busy & we got the anticipated rip, to 67 .. They were met by sellers, whom were rewarded again by a nice 20 handle dump down to 45 range, As we continue to "build out" within the confines of my defined range. For those of you getting diced up like...

Sell Off continued just as I anticipated... Less the IR... as Bullys couldn`t find a floor to "carve" out or even a leg to stand on as Bullys remain a Vapor Trail here as do their fan clubs. I continue to stand behind my call as Diamond Top is in effect & behaving just as it should by building...

If we get my anticipated move when the slide develops.. many perma bullys, that cant swicth hit, may want to order in bulk.....

Where have all the Boisterous Bullys Gone? ....... From a vertical Viagra party to a frozen rope across the Face! Anyhoo, Yesterdays PA short squeeze had some Bears contemplating a Tapout... For those that had the stones to anti up at their respective puke points.. You were rewarded handsomely...