short covering

[Beer Man]

its 1:15 on thur. and im seing MAJOR short covering going down.
spx.x 856 mark it !

 

[Sarasota]

we're waiting....

 

[Sarasota]

We MIGHT see some support around the 848 to 850 area. Again, MIGHT.

 

[Beer Man]

is .618 back from n lows to q highs...Im still seeing it in the banks
for size

 

[Beer Man]

skinned for saying it here....weve reached a interim low

 

[Sarasota]

Originally posted by Beer Man
skinned for saying it here....weve reached a interim low

Who knows, we will see if it holds, but I did have a strong expectation based upon my methodology that we were going to see a bounce here.

 

[Minime]

These small range days are tough on 1-2 trade a day people. We've taken out the HOD, now the LOD, and we are fighting back up again. I guess every methodology has its darkside. I'm betting on the market finishing down.

 

[Beer Man]

Originally posted by Minime
These small range days are tough on 1-2 trade a day people. We've taken out the HOD, now the LOD, and we are fighting back up again. I guess every methodology has its darkside. I'm betting on the market finishing down.

How about 400 trades a day?

 

[MVP]

short the rallies for now...

 

[Beer Man]

Originally posted by MVP
short the rallies for now...

what does mvp stand for?