Thank you so much for asking! I do so love to entertain ET. When I am finished, the only question you will have is, "Did he REALLY enter a trade using that convolutedly coruscated circuitous logic?".
From 10:26 to 10:36ET NQ made a ragged move from a double bottom back to the open. At 11:38 somebody's computer hit it with a 294 car sell (for NQ this is an out-there size, rarely does anybody trade more than 500). I don't really understand such things, because I only use my computer to watch porn. But, hey, they can afford to trade that many cars, so they cain't be wrong, right?
At approximately 10:41 my ass started to wiggle involuntarily in my ergonomically incorrect computer chair, smelling a short mini-avalanche (don't ask me how my ass can smell, please) and, just like Jack says to do, I "hit T". Thirty-one seconds later, after anxiously reviewing the dubious reasons for making the trade, I punched out, amazed that I hadn't lost the shirt I wasn't wearing. After the fact, I see many other reasons why this was a smart trade. One of them is that when Miss Price is close to Mr. Vee Wop, she can't resist touching him, slutty little nympho that she is, and that bar went straight down from the open to the VWAP. I'm sure that if I had a Jack screen up, I could have identified 17 of his 34 indicators that would have screamed SHORT (the other 17 would have screamed LONG).
Just another adventure in tape-reading. (I actually have software that I created that makes T&S look like a tape, complete with holes, regurgitating paper, and clacking noises. I am so old that I need that presentation to follow market action.)
From 10:26 to 10:36ET NQ made a ragged move from a double bottom back to the open. At 11:38 somebody's computer hit it with a 294 car sell (for NQ this is an out-there size, rarely does anybody trade more than 500). I don't really understand such things, because I only use my computer to watch porn. But, hey, they can afford to trade that many cars, so they cain't be wrong, right?
At approximately 10:41 my ass started to wiggle involuntarily in my ergonomically incorrect computer chair, smelling a short mini-avalanche (don't ask me how my ass can smell, please) and, just like Jack says to do, I "hit T". Thirty-one seconds later, after anxiously reviewing the dubious reasons for making the trade, I punched out, amazed that I hadn't lost the shirt I wasn't wearing. After the fact, I see many other reasons why this was a smart trade. One of them is that when Miss Price is close to Mr. Vee Wop, she can't resist touching him, slutty little nympho that she is, and that bar went straight down from the open to the VWAP. I'm sure that if I had a Jack screen up, I could have identified 17 of his 34 indicators that would have screamed SHORT (the other 17 would have screamed LONG).
Just another adventure in tape-reading. (I actually have software that I created that makes T&S look like a tape, complete with holes, regurgitating paper, and clacking noises. I am so old that I need that presentation to follow market action.)
