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High Print Still in Effect... Pro longed Bully pennant getting a little long in the tooth here as evidenced by todays PA ... Recent swing high of nearly 2800.. few ticks shy.. squeezed shorts with brutality on what I saw as a false break out North. Let`s see how we roll... I still have 2125-...

Bout time... Heavy Heavy...................................................

Hey Fellas.. been a while.... don`t waste your time intra day by burning yourselves out churning nonsense ... true moves North & South are stolen on the overnight. Find something productive to do & keep the powder dry.. play it tight to the vest. See you cats in Sept unless a catalyst pokes...

That headline misconstrues the actual cryptic message in that article from PTJ.... For anyone that can see the forest for the trees... -`87 -`89 Japan -`99 - Fed should be 150 basis points higher. - I can't remember the last time I've been this light - Diminished Risk Reward at current...

Yup... That`s my/our Oxygen... Sad thing is we have a whole slew of new traders that have no idea on how to handle even moderate Vol.

We had some Clean Old School PA on ES yesterday ... Morning set up Short right back to the 50 Fib zone @ 2710.... Right down to 2675-80 Support Kiss Long .... Followed up to the 92 50% Fib Kiss on the button with a retest of the Swing Lo... Coast to Coast like butter & toast. I was fortunate...

There it is... Let`s see where we close today... Saw that potential IR last night on 60 Min in my analysis... saw someone else did too! I was able to get some off at 10 area... had I not scaled, I would have missed it... perfect Fib set up off 50%... Have not "Day Traded" in years but caught...

Precisely ... Need the PA to confirm with follow thru... Let`s see how we react here at 10.. 50% Fib on the overnight!

+1.... Hmmmmm

In addition to Trading being completely contrary to Human Nature & proper action taken to be Counter Intuitive... The second piece of difficulty is some that compare Trading to Gambling ... Placing a bet on a Football game, per say, one has "Defined Risk" built in... you either cover your bet...

Do you pray to Lord Ganesha , as I do, for prosperity, success etc. ? The only thing I could never figure out is why he only has one whole Tusk & the other is severed?

Why do I get the impression that you worked for GOOGLE at some point in time?

Good Move, bro... No clear cut clarity there from either side, imho. Deciding to cut a loser when you have a good opportunity to do so is King & very difficult to do.. Nice Job, seriously!

Yup, The Original DT on Daily has transformed as there was always the possibility of the pennant build out... So no argument there MWT... I think the larger TF`s are are extremely important here as in Weekly / Monthly.... I still see That 2125 as a meaningful Touch level at some point in time...

Speaking of Contrarian.... Re; Existing Triangle on Spooz & Dow. Triangles.. as do all formations.... Fail! https://www.elitetrader.com/et/threads/diamond-topping-formation-2-23-18.318542/page-8 Which is why I enjoy watching everyone load to one side of the lopsided boat while I play...

Triangles.. as do all formations.... Fail! Which is why I enjoy watching everyone load to one side of the lopsided boat while I play Contrarian.. which is one of my strongest trading traits.. Most claim to be able to able to Play Contrarian but when push come to shove, most can`t handle it & go...

Larry Sugar.. AKA, "The Lactation Sensation"!

If we Rip sometime this decade it will be pennant ... If we sell, which is where my camp is until proven incorrect, it would have been a DT... many conflicting Variables right now. Pretty name by the way.... you like Sushi? Let me know when you`re in the City.

I was the original Spooz Top ... somewhere along the way I lost the password & old email... easier to come back as 2.0! :strong:

Complete week of noise... they just won`t let it go!