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on a larger frame we could test 1120 again. Someone is sitting on the ask though, so longs for a scalp until some news comes in.

I wouldn't be surprised to see a rally to 1200 on an Irish bailout, if people would just drink more Guiness they could export there way out of this mess. :p

remember this where would 2 contracts be marked now, by the way Picaso, I see a bright future for you. :)

fasten your seatbelts!!

spx trading under S3 that is a big move, S4 is 1170. http://www.mypivots.com/dn/?symbol=100

stopped relentless seller in here.

long spy 118.77 stop .25

stopped out

long spy 119.08 stop .20

hard to say, may see a touch of spy 119 if we keep sliding, I would look to cover shorts there.

out 120.08

long spy 119.95 stop .30 stop 119.85

Ammo has been patiently waiting to get paid, go Ammo go!!:cool:

skynet taking profits

good long setup here with a tight stop good trading.

I thought this type of stuff was done at Ceres or the River, this mkt is no fun, damn those computers!

I am not being hard on anyone, the markets will do that in spades. traders who have survived know better.

http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

c fed people sounds like a complete idiot when he makes statements like this, you are being nice. If he keeps thinking like this its just a matter of time till he is on the wrong side of a multi sigma move, but then you can't really keep anyone from falling in the ditch.

look up latency arbitrage