CL Redux

[NoDoji]

Today the ATS went long the break of the 11:05am ET bar high. Nearly a 120-tick bar and the system just trades its dumbass trader signals, doesn't give a sh*t about anything else. Takes a quick 21-tick loss and waits patiently until the next trade sets up.

Next setup that met its criteria was into the NYMEX close, long the break of the 2:20pm ET bar high, and it's still holding. Makes the 21-tick loser seem totally irrelevant now.

I about crapped when I heard the trade signal go off on that 11:05 bar long position

 

[EON Kid]

Quote from BCE:

For sure. That must be the reason for this rebound other than the overreaction move down.

A dead cat bounce thats full of hope

this post seems to make sense, power or no power the explosions have already cause severe damage.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3124641#post3124641

 

[InvestVision]

Just on CNN TV

Hillary clinton said in clear words

" any action on Libya will be with clear UN mandate and
international community should have participation "

translation

" pressure china/Russia to vote for UN resolution and
Arab world military needs to be part of any action "

In another interview some US official said Arab world has sophisticated enough Air force to participate in No-fly zone.

Clearly US is asking the fair share of 'Arab world' military and 'china/russia' UN vote I think which is fair ...

Quote from BCE:

There are 4 NYT journalists and a Boston Globe journalist missing in Libya. http://www.chron.com/disp/story.mpl/ap/top/all/7474809.html

 

[BCE]

Quote from EON Kid:

A dead cat bounce thats full of hope

this post seems to make sense, power or no power the explosions have already cause severe damage.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3124641#post3124641

That was my take too. Damage is done already and the spraying water on it doesn't seem like that's going to work.

And especially I was thinking that the workers there still trying to deal with this and find something that will help have basically given their lives for this cause. Such a shame, such a tragedy.

 

[schizo]

When do we roll over into May?

 

[schizo]

Quote from EON Kid:

A dead cat bounce thats full of hope

this post seems to make sense, power or no power the explosions have already cause severe damage.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3124641#post3124641

But then again, there are lies and there are the damn lies. I bet the Japanese in collusion with other governments around the world will try to lie their way out of this mess and the market is all the more stupid to believe them.

 

[Gabfly1]

Quote from BCE:

Hard to figure much of anything these days.

ADD No offense to any atheists here, but apparently only God knows what's up.

I was wondering who was on the other side of some of those trades.

 

[BCE]

Quote from Gabfly1:

I was wondering who was on the other side of some of those trades.

Could have been the coyote.

 

[BCE]

Quote from schizo:

When do we roll over into May?

Quoting EON Kid:

"Rule of thumb

If the last trading day falls Monday to Wednesday, trade the current contract till Friday (last week), switch on Monday.

If the last trading day falls Thursday or Friday, trade the current contract till Tuesday, switch on Wednesday."

 

[InvestVision]

off course it is gaddafi gangs got them

they will be kept in a house and will be released in some desert area after 2 days once Bengazi is in govt. hands.

this is expected as govt. said few days ago, people are protesting since you Journalist are here , if you are not here they won't protest because world can't hear them.

few days ago dozens of journalists were pickedup including CNN Nick Robertson and was released later to show what is coming ..

and they killed Al Jazeera journalist ...

What a tragedy in this day and age of 21 st century , 99% of the people of a country wanted freedom of expression ,but they can not prevail

All the blame goes to Arab league( late action ) , China/Russia (no action )

Quote from BCE:

There are 4 NYT journalists and a Boston Globe journalist missing in Libya. http://www.chron.com/disp/story.mpl/ap/top/all/7474809.html