too far,too fast,only difference in this rally is they replaced the country greece with italy,media forgets about greece for now,see how many gyrations they can get out of italy,then what,think overnight shorts may be holding this up,like tortoise said,new pile of woodQuote from JoshDance:
after last night's action, I really expected more than a 9 point range through 3 hours today... right now, neither side is really better than the other, though the bulls have the trend from last night in their favor. I guess I'd still be holding my short from earlier had I not been stopped out, but it's really a 50/50 gamble right now it seems.
88-83 is where the overnight shorts are stuck,i think,doesn't bring into focus the shorts from last 2 weeks,mid range from 1270-1147 is 1208Quote from gmst:
covered 1 ES @ 93.5. Holding the other one. Probably will scalp onwards as market is very rangebound today and entering lunchtime now.