W's about to open his mouth on CNBC...

B

bungrider

get ready to sell...(11:35am EST)

kinda looks like we already made a HNS anyway, so we're probably ready to come down a bit as it is...
 
Please do that -- that's exactly what I'm hoping for. The more people who fade me, the more it's gonna hurt for whoever turns out to be wrong.

FWIW, I never did see him on CNBC after all, and I went to lunch at 11:55, so maybe that explains why we didn't sell off quickly after all...maybe it was just a tease from CNBC, or something more interesting than W's Reagan-esc rhetoric came up and they decided not to put him on.

However, it did work the first 2 times I posted about this in the past, so if we count this time as a failure, I'd still love to know how many of your trading methodologies work 2/3 of the time...
 
Actually, the high was made at 11:07 ET. At 11:35, the ES was trading between 838.75 and 839.25. Dropped down to 836.25 at 12:16 and is now starting a run at the highs of the day.
 
Quote from bungrider:

be careful...
More...

Thanks for your caution. I only have 1/2 of what I should have on right now. I don't like looking at the triple top on the 5 min. chart.
 
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