Tuesday, March 23, 2010
Slow Grind
Looks like a bull market climbing the wall of worry. A slow boring, painful grind higher for the bears. I don't see us going down today. It is looking like we need to go a bit higher before we correct. Of course, we're right at a 52 week high so its easy to say, but I think 1170-1175 zone is the place to look to get short.
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7 comments:
will add my last ES contract if we ever see 1175...
stop is 1189.50 on all the contracts...
target unknown...maybe OWL can help...
This is a tough market to anticipate. I think we will go down later this week, but I don't know how much higher we grind before dropping. My initial target would be 1145 on any shorts.
fORGET IT DUDE.
JUST FORGET ABOUT SHORTING FOR NOW. UNTIL WE GET OVER 1200.
EVEN IF WE GO DOWN.
OBAMA IS ON THE BID.
I REPEAT OBAMA IS ON THE BID.
HE'S REFRESHING HIS SIZE (1 TRLN SHARES OF EVERYTHING)
MARKET MAKER SYMBOL OBMA
OBMA IS ON THE BID
buying my third and final ES short in the next 10 minutes...
will update all the profits/losses here when i close
Nice call Owl.
Got some volume on that spike.
My opinion, don't short yet. We go above 1180
Thanks, looking to get on the short side real soon.
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