The Down Move Has Started

Quote from Ivanovich:

You guys are quite intent of standing in front of the speeding train, aren't you?

Which direction do you think the train is speeding?

They are changing the drivers. Drivers are on opposite sides of the train. For instance on Qs, one driver told me that any go with long Qs might get run over at 37.20 and higher.

So far good to his words!
 
Selloff count down would likely be anytime during the next 6 trading hours. It is now 3:07PM, June 11, 2009. Qs at 37.17. Would the computers start their selling before today's close? :cool:
 
Can't you feel it?

Wall Street is starting to suck in all that thick, dumb, slow money.

mmmmmmm, tasty!

It took them a lot of money out of their own pocket, but they can sell now and recoup a good deal of their losses, and stick it to Joe 401(k).

Tasty!

0780618556.01.LZZZZZZZ.jpg
 
Quote from riskfreetrading:

Selloff count down would likely be anytime during the next 6 trading hours. It is now 3:07PM, June 11, 2009. Qs at 37.17. Would the computers start their selling before today's close? :cool:

looks like the bull is paying attention to riskfreetrading's ultimatum: "Go down within 6 hours or I will shoot your nuts off!"

:)
 
Quote from shortie:

looks like the bull is paying attention to riskfreetrading's ultimatum: "Go down within 6 hours or I will shoot your nuts off!"

:)

:p

Qs now at 36.70, at 4:05PM!

Shortie: it is because/thanks to you. You have been buying, but today at 3:07PM you started selling. So we went down. You shot the first bullet. You hit the bull right at the core of his asset.

Main steps now: ET has to shift to short side, then hedge funds, then mutual funds, then trust officers, then average Joe. :p
 
Quote from riskfreetrading:

:p

Qs now at 36.70, at 4:05PM!

Shortie: it is because/thanks to you. You have been buying, but today at 3:07PM you started selling. So we went down. You shot the first bullet. You hit the bull right at the core of his asset.
....

yeah, something like that...






please don't let me wake up

:cool:
 
the ES closes for the last 6 sessions have been right on top of each other, statistical anomaly or does it mean anything?
 
your seeing consolidation. Equate that to Pressure building, much like in a Valcano. As the Highs of the last 6 trading days pile on top of each other.....signals a few things.

There is a move building. What Direction no Idea.
When, No Idea.

Keep a close eye on what is going on...could be a great move, either way.
 
Quote from riskfreetrading:

Readers of the financialtraders blog sent me emails asking what I think of this market. Some of them are from ET (sorry I cannot answer all of you individually via emails--but I have been answering a couple chosen "randomly"/based on topic).

Here is my thinking which I have not posted yet.

This afternoon's lower move was slow but systematic. This is indicative of systematic selling. With the bears and (the last?) bulls looking at each other's eye, a defeat of bulls is bringing the fast larger moves back to town.

Tomorrow should be a critical day. If it sinks, the situation is clearer. If it goes up at open, I would be looking for a spot to short it, in anticipation of a red thursday.

A possible trigger: June futures investors start closing their profitable longs because expiration is next week.

What do you think? What would be the trigger?

and you are proven WRONG AGAIN ...You JACKASS paper trader...youve got turd for brains-aholio...can you find a tall building already with your equally stupid paper trader friends,stockturd3,ricerocket,spanish89...this site is a frikkin joke with losers like you...what a waste of bandwidth...
 
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