Now Reading
Payback Is A Bitch
14

Payback Is A Bitch

by The MoleMay 27, 2009

3:39pm EDT: All I really have to say: Payback Is A Bitch 🙂

Green Waldo has been taken out by my Ninja sniper team. As of now the coup looks successful – long live King Blue Waldo!

Seriously now – I don’t see very strong signals on the Zero. So, this could snap back any minute. However – this is something we can’t do anything about – right now it’s wise to do what bears do best: Just sit and do nothing – let it run. We’ll soon know if this one is for real.


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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c

  • Skates

    mole, annamall: we are redeemed!! 🙂

  • lester

    I seriously do need to have my head examined. I bought Q Calls when it appeared that Qs were going to bust thru 35.2 at around 10AM EST. I also bot XLF Calls when XLF was moving up at about 12 EST (don't ask why but a day trade radio service that I was trialing today was long FAS). Bought near HOD on both. Now I watched the Qs screw around for over two hours and never take out that HOD. But I stayed in the trade because ZL stayed near zero. But as mole says, a ZL signal of zero indcates market can get pushed around. I should have taken the fact that they did not breach the high as a sign to exit. I then stayed in the trades like an idiot after 2 PM because I thought there would be a late day reversal. I just took my second Fukitol pill.

  • MyLifeMyTrade

    Irrespective of all this sell off, XLF, IYR held their upward channels… I have positions in SKF & SRS – June calls, btw. I did close my FAZ calls.. and entered QID calls because Q's might have put in a double top today… Tomorrow will tell… I think if we go to 875-880 region tomorrow, it won't hold because buy 875-880 is an easy trade now… Just as longs got fucked today hoping to get to 920… I think those who go long tomorrow at 875-880 are going to be fucked again.. Just my 2 cents.

  • MyLifeMyTrade

    Lester… can you give me your email address.. actually just respond to this post of mine.. disqus will send me your email id – they have some bug today… I have some thoughts for you. I was in your boat and still in there many times.. I have been there and felt what you are feeling.. and can share some thoughts that will help you.. If you feel appropriate, you can share that with others on this board.

  • funkypenguin

    Mole,

    Zero lite rocks – showed divergence the whole way!

    Nice to see this but da' bulls are not going to give up on their end of month window dressing this easily. I doubt we get any serious downside till next week

    The SEC hasn't responded to my repeated requests for a DOWNtick rule (poor bears need this – can only buy a stock when there has been a down tick) :<)

  • MyLifeMyTrade

    All those ultra inverse ETF holders, it is very good for you if the market bleeds its way to whatever target you have in mind… A big move down one day isnt going to help you much..

    20% down RIFIN today would have taken FAZ to 8 bucks.. but if RIFIN can go down 5% each day, then it will benefit FAZ holders much more.. FAZ gets to 8.75 in that case…

  • molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨
    ¨°º¤ø„¸ N E W „ø¤º°¨
    ¸„ø¤º°¨ P O S T “°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸

  • katzo7

    OK, I have a little time right now.
    katzo368@gmail.com

  • shotskyhigh

    That's funny….I was looking for their e-mail address today also…..

  • efegg44

    interesting site. check it out.
    http://www.iamned.com

    Interesting link>>> http://www.iamned.com finance and economics articles.

  • efegg44

    interesting site. check it out.
    http://www.iamned.com

    Interesting link>>> http://www.iamned.com finance and economics articles.

    ned is a genius, BTW

  • malusDiaz

    I've been royally fuckered the last 2 days.

    Sold low, bought high.

  • FREmnf

    bankers selling our childrens futures..for more bailouts? the disgrace. it's horrible. too

    big to fail needs to fail. we neeed LESS bailouts. If you fail U fail. Tons of informative articles. >>>>>'cool link Interesting Finance & Economic Articles free link submissions for economics, finance, and technical analysis articles from blogers/websites http://is.gd/HGYt

  • FREmnf

    bankers selling our childrens futures..for more bailouts? the disgrace. it's horrible. too

    big to fail needs to fail. we neeed LESS bailouts. If you fail U fail. Tons of informative articles.

    >>>>>'cool link Interesting Finance & Economic Articles

    free link submissions for economics, finance, and technical analysis articles from blogers/websites http://is.gd/HGYt