Who's fading this one? POLL

[syswizard]

low volume = short covering
Beware.

 

[Miragers]

I didnt fade the open but I opened a small short position on the SPY's at 12:30 when it broke back below 140 and covered it at 139.85 at 1:05 after it failed to get any selling behind it. Going to wait and see what it does arond the 140 level again.

 

[stonedinvestor]

Well... you didn't wake up this morning
Because you didn't go to bed
You were watching the whites of your eyes
Turn red
The calendar, on your wall, is ticking the days off
The calendar on your wall is ticking
the days off
You've been reading some old letters
You smile and think how much you've changed
All the money in the world
Couldn't bring back those days.
You pull back the curtains, and the sun burns into your eyes,
You watch a plane flying across a clear blue sky.
THIS IS THE DAY -- Your life will surely change.
THIS IS THE DAY -- Your life will surely change.
You could've done anything -- if you'd wanted
And all your friends and family think that you're lucky.
But the side of you they'll never see
Is when you're left alone with the memories
That hold your life together like
Glue

 

[blast19]

Amazing...it's like someone threw a ball into the night sky and it just stuck to something and stayed. Volume is highly suspicious.

 

[JamesVU2000]

The NDX is going to lead the whole market lower at some point.

 

[ByLoSellHi]

What a fake feel to these nice round numbers, and consistent percentages on all indexes.

Fake!

 

[stonedinvestor]

Some good fed speak tomorrow and tack another
140 on the DOW & 34 for the naz.

 

[ByLoSellHi]

Quote from stonedinvestor:

Some good fed speak tomorrow and tack another
140 on the DOW & 34 for the naz.

Housing starts/permit data will be important.

Also, leaks claim Bernanke will talk down the notion of bailing equities out.

 

[stock_trad3r]

Everyday there is an indicator or news. I would ignore most of them.

 

[Neet]

Don't some of you get tired of saying "low volume on this upside move" ?