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Fucking Friday Rub Down
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Fucking Friday Rub Down

Fucking Friday Rub Down

by The MoleMay 29, 2009

Alright – this week has taken enough of me – I’m in cash now – obviously:

I had an ominous feeling all day as the Zero Lite was completely flat – an indication that the buyers were waiting for the EOD. As the final hour drew near I kept seeing the tape creep higher and higher but selling pressure was tepid and intermittent at best. We finished the month higher again – third in a row now.

What’s sad about having to exit here is that today was obvious tape painting and I know that we will drop from here sometime next week. However, the EWT rules are quite clear and today sealed the fate on Soylent Blue and brought Green Zombie back to life. Therefore I could not justify holding my already considerable losing position any longer and incur additional theta burn. These are the times when you know that you probably sold somewhere near the top – but you have no choice and have pay your dues. Shit happens – and the bulls played this one beautifully.

Bot Trading Report:

evil.rat/NQ: Short Trade -4, Long Trade + 12.75: Total + 8.75

Alright, forgive me if I bow out now – I’m going to drown myself in a few gallons of Hefeweizen.

That’s right – nothing beats a few Stein of ‘frisch gezapftes Hefeweizen’ and the company of some hot teutonic beauties in their traditional ‘Dirndl’. Yummiee….

Have a nice weekend, rats.

Mole

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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