Wednesday, August 18, 2010
No Conviction
The market is directionless. It is not an environment where I see a strong trend developing. The midpoint of this lack of conviction is ES 1098, or SPX 1100. We have been vacillating between SPX 1070 to 1130 for most of the past 3 months, excluding a few days below 1070. We are right around that midpoint. Most traders including me do not have much conviction in this environment.
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7 comments:
Hey Petsy come back to us. Jammy.
and best wishes from J12 ... he says he misses u. hehe.
@Owl : trade gold -there is the trend !
Hey Jam, except for Woodruff & Williams, I miss all you guys very much. Unless Woodruff lifts the real name requirement, I can't come back. :(
hey petsamo.. why don't u tell woodruff thats ur real name ..
i did the same LOL..tell him its ur first name..and u dont use second name
also to help you out tell him u r from russia and here is the proff that its a name
http://en.wikipedia.org/wiki/Battle_of_Petsamo_%281939%29
see u in FTV chat ..soon
I thought about giving Woodruff another alias that sounds like a real name. What's he gonna do, a background check? ...
Hi Petsy, this is SuperB, come back to FTV.
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