The Rally Since 1PM . . .

has been brutal for the shorts . . .

Anyone trying to pick a short term TOP today is going through excruciating pain.

The bid in the S&P's
has been relentless!

From 1286 to 1304.
Ouch!

Anyone been short the last hour or so?
I've been short since 1298.00 in several stocks and it does not feel very good!

:eek:
 
Quote from Landis82:

has been brutal for the shorts . . .

Anyone trying to pick a short term TOP today is going through excruciating pain. The bid in the S&P's has been relentless!

From 1286 to 1304.
Ouch!

Anyone been short the last hour or so?

I've tried selling rallies on Usd/jpy and have been stopped out all 3 times: 1 breakeven and 2 for 10pip losses. Don't fight this rally...
 
Quote from Landis82:

has been brutal for the shorts . . .

Anyone trying to pick a short term TOP today is going through excruciating pain.

The bid in the S&P's
has been relentless!

From 1286 to 1304.
Ouch!

Anyone been short the last hour or so?
I've been short since 1298.00 in several stocks and it does not feel very good!

:eek:

So are we bouncing off a double bottom? Have we cleared the first resistance level yet?
 
Quote from Bigpipn:

I've tried selling rallies on Usd/jpy and have been stopped out all 3 times: 1 breakeven and 2 for 10pip losses. Don't fight this rally...
you should long eur; eur is yeild positive and can run up higher from here.
 
Quote from number22:

you should long eur; eur is yeild positive and can run up higher from here.

Yes, I was planning on buying this dip here. Thanks.
 
Quote from Aaron Copland:

The trend is still down until proven otherwise.

Agreed.

1300ES and 12k YM close would be huge for sentiment. I am curious as to how this plays out up to fed meeting. Will we just stay flat, then bounce high after cut then fall, or will we get some more downside ahead of meeting?
 
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