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Actually Steve the "ran out of gas" was obvious by the close friday. Narrow spread up bar on low volume that closed low. With dist. in the background. Means no gas to go up hill.

Actually Steve the "ran out of gas" was obvious by the close friday. Narrow spread up bar on low volume that closed low. Means no gas to go up hill.

Blackguard, Where art thou? Are you still going long or did you reverse?

I out of my short position at 10924 for +17 on 2 scouts. I tried to change order to make more but couldn't slide it down fast enough in trade maven. Getting too old I reckon. My reflexes ain't fast enough like them young whippersnappers.

Where did the apple go? Down down down says the man.

Spot on trade Mr. Coolweb. Congradulations are in order.

Blackguard, just wondering if you went long?

Yep bearish

I am short at 10841. See where it takes me. Will probally hold till after next session opens.

You better grab that moola and run. A dove in a hand is worth more than 100 flying. It's a bearish market you know!

yep, around there or maybe a little higher looks good for shorting to me but if it doesn't make it there soon I will short wherever it is at before the close.

Black guard why would you go long? This is not a shakeout before an up move but ym is bearish and unless it picks up some steam before the close it will probally trade lower tommorrow 28th. Looks like to me it is going down into markdown. However, if it were to close high I would change my...

up up

You gotta be kidding

Thanks. Good call also by you!

Like I said..the odds favor a slide down. Did good shorting but tuesday since markets weren't open monday.

Probally :D

Yep, throw off volume and you just lost your view on smart money. Odds definetely favor a slide down Monday in YM. I am already short YM. Hit profit on NQ and ES friday. Fridays bar, narrow spread closing low and made on low volume shows no "smart money" much interested in pushing it on up. If...

Sellers must be backing off for it to advance like this on low volume. This stock should go down not up. However it isn't. When a market does the opposite of what it should do then you must assume that it is really opposite of what it seems it is. Thus, in this case up moves on low volume show...

No short is what you wear under your pants. Sell is what your body is made of...or could i be wrong:confused: