Inventory Grab Alert 4/30/09!

jjf · May 20, 2009

Quote from manlycure:

If I'm not mistaken, deep pocket shorts are no match for deep pocket longs. The bears partied for over a year and a half now and it must be a lot of fun for the bulls to blow them out of the water with every swing higher. Inventory zones and R/S technicalities aside, how can anyone accurately predict when the fundamentals render a judgment that it's time to turn back south?

D.

excellent commentary mc, however I am keen to read on with tradingbug's expansion.
jjf

ivanbaj · May 20, 2009

I am out at 917.25.

This is day trading. It has nothing to do with AMT style. But I am puzzled by the lack of respect to the short term trend by AMT.

jjf · May 20, 2009

Quote from ivanbaj:

I am out at 917.25.

This is day trading. It has nothing to do with AMT style. But I am puzzled by the lack of respect to the short term trend by AMT.

I imagine that it has more to do with the rotation of the resting inventory.
jjf

SoCalTrader619 · May 20, 2009

Quote from ivanbaj:

I am out at 917.25.

This is day trading. It has nothing to do with AMT style. But I am puzzled by the lack of respect to the short term trend by AMT.

Nice trade Ivan!

Just a heads up.... 99% of us in this thread are concentrating on using Cumulative Delta in our trading. You've come to the board, added nothing useful about Cumulative Delta, tried to contradict AMT's trading method, and posted some trades.

I would kindly ask that you go post your trades on the ES thread. This thread should be kept for discussion about CD. Thanks for your understanding....

ivanbaj · May 20, 2009

With my short term style I can't see his reasoning. Right now I do not see any reason to be short. The trend just broke up again at 918.

chuckt101 · May 20, 2009

Quote from ivanbaj:

But I am puzzled by the lack of respect to the short term trend by AMT.

AMT has said in the past (a number of times) his preference to play with the much longer term bear trend.

In fact, much of what's been said in this thread is a re-hash of things he's stated in the past!

Think about it. Price is now revisiting areas we hit on the way down. What do you expect to be at these areas? Existing LONG inventory built up during a bear run or existing SHORT inventory built up during the bear run?

Moreover, AMT has recently stated in this very thread that he continues to take LONG and SHORT intraday positions based on intraday inventory buildups. Just because he posts his longer term short positions doesn't mean he's not cycling shorter term long positions.

Even Whisky's persistent questioning about some "magic timeframe" chart has been answered. If I'm interpreting the question correctly, AMT has already posted the answer. If not, I doubt asking 500 times will get him to reveal something he's not ready to speak on.

jjf · May 20, 2009

Quote from ivanbaj:

With my short term style I can't see his reasoning. Right now I do not see any reason to be short. The trend just broke up again at 918.

I imagine that it has more to do with the rotation of the resting inventory.
jjf

ivanbaj · May 20, 2009

Quote from SoCalTrader619:

Nice trade Ivan!

Just a heads up.... 99% of us in this thread are concentrating on using Cumulative Delta in our trading. You've come to the board, added nothing useful about Cumulative Delta, tried to contradict AMT's trading method, and posted some trades.

I would kindly ask that you go post your trades on the ES thread. This thread should be kept for discussion about CD. Thanks for your understanding....

Good point. Sorry. This is a fascinating thread and I could not resist. There is something there but I can't see it yet. I am out.

AMT4SWA · May 20, 2009

Quote from AMT4SWA:

Covered 1/2 of my 919.00 and all 917.50 entries at 917.50, and also 1/6'th of my 922.50 entries. Next targets at 914.00 and now holding my highest level from within 1 point of days HOD.

OK....aggressively sold rally out of open today after AH session had us parked right back up in the 913/914 area, well above yesterdays close. I was willing to be aggressive on the rally out of the open with the 915.75's in play (yesterdays HOD level) and then significant resistance above us at 924's if the market decided to run.

914.00 targets now filled (last 1/2 of 919.00 entries).

Next target set now at 912.50 for another 1/6'th of my 922.50 entries.

Hey riskfreetrading.......those realtime called profits were NOT risk free! :eek:

jjf · May 20, 2009

Quote from AMT4SWA:

OK....aggressively sold rally out of open today after AH session had us parked right back up in the 913/914 area, well above yesterdays close. I was willing to be aggressive on the rally out of the open with the 915.75's in play (yesterdays HOD level) and then significant resistance above us at 924's if the market decided to run.

914.00 targets now filled (last 1/2 of 919.00 entries). Next target set now at 912.50 for another 1/6'th of my 922.50 entries.

Hey riskfreetrading.......those realtime called profits were NOT risk free! :eek:

excellent work AMT
jjf