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Caveat Ursi 2.0
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Caveat Ursi 2.0

Caveat Ursi 2.0

by The MoleMay 14, 2009

UPDATE 11:12am EDT: Just fell out of bed as I had to catch up on my beauty sleep.

We are now at the channel border on the SPX. A breach here could trigger to prop desk monkeys to join the fray:

The cubes are limping behind a little – we are now pushhing above the center line, and a breach of the top border would be final confirmation that a stop sweep is in order. We are also above the VWAP on both the ES and NQ – I would be extremely careful here, ladies and leeches.

Going to grab breakfast – hopefully I return to the SPX 900 so I can load up a little.

UPDATE 12:35pm EDT: If you guys have trouble posting – it’s the damn disqus comment system that’s down, not my server. My apologies for the inconvenience but this is out of my hands.

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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