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- Got Long
- Intraday Short
- Yesterday Was A Rarity
- Monster Short Squeeze
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- Quick Daytrade
- Great Buying Opportunity
- Big Gap Down
- Bullish About Overnight
- Banana Ben Never Disappoints
- Like the Other Dips
- Turning Bullish
- Bottom of the Range
- Europe is Weak
- Inside Day
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- Alfred E. Neuman Market
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- Waiting For False 1100 Break
- Not Like Wednesday February 3rd
- Closed Out Short
- 2009 Flashback
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- Current Market Action
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- Setting Up for A Big Slide
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- Yesterday Was A Top
- From 1:30 to 4:00
- False Break
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- Bull's Best Shot?
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- Missed Opportunity
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- Support Zone 1062-1068
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The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
12 comments:
What a battle!
Bulls and bears fighting for 1100 mark.
I would agree with you Owl.
Also, my best guess is a trading range of 1090-1110 for a few weeks. But this can change at anytime.
Nobody is ever right calling a range on the market and if you are, it's just coincidence. I don't even bother. I just wonder up or down, at least you have a 50% chance.
Anon- no shit.
Why do you think i put "my best GUESS".
Sorry I'm just pisssed off because I've been looking at MIPI for 2 weeks and I didn't buy a single share. And I was looking at it 30 minutes ago when it was 1.21 and still didn't buy it.
Anyways I think if we don't go down today, greater than 50% chance we're gonna go start making a W on the chart. Higher
DAytrade LONG XNPT @ 6.49
OL DAWG
This is worrying me from the short side. The dollar is creating a bearish divergence.
Which could spark a sellof and push us up higher.
1090 finish on SPX will give me comfort
Short's not working. I"m selling EDZ unless we close below 1100.
MarketOwl, your call on the morning false break was correct. But what's going on now? Another rip to shake out the shorts or we're just not going down? What's your opinion of today's late action?e
Sold XNPT @ 6.77
OL DAWG
Dawg, I followed your trade on XNPT. What to do with EDZ now? After this one I think I have to give up on day trading because I have to get back to work.
I don't know. It's up to you if you want to lose 20 cents here and close the trade. It's not a big loss. I'm gonna hold it and see if it gets to 5.19. I'll average down there. I don't see the market going up past tomorrow. We're already overbought now.
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