Tricky at a perceived top although pressure still to the upside. Could it be the WDAYBOYZ THDAYBOYZ or FDAYBOYZ lurking, lol.
Yellen could be wild card thursday
The bid last night was real. Look at the prints overnight. I don't tgink TDAYBOYZ will precail TDAY :) but as many times in the past I am wrong. Do not listrn to me.
Currency wars. Euro was started to trade in line with USD, not 30% higher. They still have 1/4% to go and endless QE possibilities. I guess rates could go negative and endless US QE.
We don't want to see 2009 lows. Feds are out of ammo so hopefully all that cheap cash on corporate balance sheets will help keep them alive. Maybe feds are buying CDO's on their balance sheet, who knows.
Everyone in corp america feeling fat dumb and happy given current market run and 401k...
Slow and steady. Trading is supposed to be boring. u lost nearly 15% on one trade. It's a slippery slope you are going down. Read your own journal and wake TF up!
some believe uptrend lines like this are weak reistance but since 2009 bottom seems like there is some validity to them.
shows us what you are seeing to come to your conclusion.
Yep. And there was some talk about instituting daily's for the true blue junkies!
I don't know how much pinning actually exists anymore given hft and mkt structure change.
A guy with his experience making such comments. He really went out on a limb.
Retail can't stand making zero on their cash any longer is what he said. They are now buying so they don't miss the move.
Classic topping confo Bob. Time for you now to retire :)
Not a close the btfd's wanted to see. U notice bulls dead silent right now. None answered my question yesterday if they were long into fed announcement. Maybe the bulls are just day traders.
Especially when it is the fed reserves with their unlimited pile of liquidity. I don't think it is an even playing field given that the fed reserves can buy futures. No reason for it other then manipulation. It truly is no longer a free mkt.
http://thepatternsite.com/BearEngulfing.html
the gloom and doom part was a poke at the perma bulls; i have issues like everyone else. they statistically do not have much follow through but like ammo said a test.