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Post Drop Whipsaw
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Post Drop Whipsaw

Post Drop Whipsaw

by The MoleApril 21, 2009

UPDATE 11:00pm EDT: Okay, I’ve watched enough of this crap and have now a pretty good idea of what’s going to happen today:

Which is more or less – nothing! We dropped quite a bit ladies and leeches and the bulltarts are now rubbing their assholes and wondering what the heck somone put into their drinks last night. So, I expect some of that good ole’ whipsaw we already had the displeasure to sit through all morning. Generally this consolidation would ‘look best’ if we rallied here for a little, touch the diagonal on the chart, and then drop into 800 or maybe into 780 – we shall see…

I had a hell of a tough time to get out of my IBM Butterfly this morning (90/95/100). Those market maker bitches didn’t let me out despite the bid being lower than what I was asking for. Yeah yeah – you can always leg out but I’m not Fujisan and if I don’t screw it up then the market starts making a move (against me) while I’m trying to dump this thing. So, I’m still stuck with it and might have to hold it through a little consolidation upwards.

I just cut MET and DE for nice profits – they might both drop further but I think I wait for a reload (as depicted by the chart above).

BWT – in case you missed it – evil.rat has been released – detailed announcement can be accessed by clicking on the image:

UPDATE 11:06am EDT: Let’s talk money – my favorite subject – except Uma Thurman.

And specifically about our venerable U.S. currency – the good ole’ buck. Here’s the emotional roller coaster it recently went through. But it seems it’s fresh out of rehab and ready to make another go at life. I expect further upside here as the Dollar finally seems to have picked a direction.

Yeah yeah – Gold the big old theta burner. I swear – next time I grab a YG contract but the volume at least judging by the TOS latter is rather pitiful (and ZG isn’t that much better). You got to respect the fact that it’s putting up a fight but gravity will win out in the end. Sorry gold bugs – this to me was yet another chance to load up.

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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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