YM Traders

Quote from Rickshaw Man:

All that for 10 points when you could of had 30 easy points.
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lol.. I don't get it...

It was obviously overbought, and the higher probability thing to do is to short it. And I tend to add at those special situations.

It looked like precisely what it did yesterday. A small dip at the open and huge BUY orders came in and lifted everything up.
 
Quote from volente_00:

last ones off at 545

show me the money greenie
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Tell us the whole picture you number of lots held, were is your stop? or say you don't have one. You are loosing credibility making additions after the fact.
 
volente, yes this is totally manufactured bullshit i called this if you look at my posts how they painted the tape. everyone is looking for the santa claus rally so they get it going for the seasonal rally, we'll have to see how far it goes since it take real longs to get it going, but based on the consolidating pattern the effects of these squeezes (ie the shorts covering etc etc) leaves positive upward/upside bias for several weeks (3-4 weeks) at least.. From there we gett a better picture.

I couldn't put on longs cause of FOMC so i went long stocks that broke out, will sell around dow 10700 or 10800 if we get there/depending how the pics look.

this is the t ypical "no news" period so they call push this market whichever way they want...bring in the longs!!
 
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