For the last two trading days, I have been monitoring T&S window like a hawk. What I definitely noticed is that the bids are getting hit in larger quantities than before. Two other macro economic factors play into the equation. Why did the market reacted so anemically when the payroll number came in better than expected last Friday? You would remember not too long ago the market on more than one occasion completely brushed off bad job numbers and rallied anyway. What was it different this time around? Today the TARP repayment was announced and yet it didn't go down all that well. One would think this market would take it very positively.Quote from iloveoptions:
And I hope it doesn't go off till I'm loaded with right quantity of shorts. The 940's may not be the intermediate top. Why is it that I'm sensing another push is in the cards for this relentless rally, I'm not quite sure. A break of 925 -920 though could signal it (heavy volume hitting the bids is needed for confirmation and confidence to trigger the trade).
Quote from saliva:
Let me just say that I'm swinging for the fence. Not planning on getting out at the EOD.
Quote from saliva:
Damn you people talk too much. Instead wasting so much time picking my brains, why dontcha just let those damn trades speak for themselves. That is, if you even bothered to post them in the first place.
If I fuck up, I fuck up. I'll get out with a loss but it's not the end of the world and I sure hell ain't blowing up my account. Now chill!
PS. piggie2000, shut the fuck up for once. I don't care about you and your doting idiotic friends.