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Walking Down Again
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Walking Down Again

Walking Down Again

by The MoleMay 1, 2009

UPDATE 2:50pm EDT: Now we’re walking the tape down again – the daily whipsaw has become so boring that I don’t even bother watching it anymore:

Let’s see what happens right here as this seems like the lower boundary of a down channel. FYI – the current VWAP on the ES is around 880, which is about 87.50 on the Spiders. We are closing in on the NQ VWAP at 1392 – that one might be good for a bounce into the close. I’m not taking bets these days as anything goes.

FYI – if you haven’t seen it yet – check out my Surprise post about evil.rat/NQ.

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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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