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Fake Rock-N-Roll
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Fake Rock-N-Roll

Fake Rock-N-Roll

by The MoleJune 25, 2009

9:44pm EDT: I tell you rats – anything can happen today. The overnight futures were all over the place and we got what I call a ‘fake rock-n-roll’:

The Zero Lite is completely flat right now. Be afraid… be very afraid….

Don’t make large directional bets until we are at least out of the ‘zone of shame’ – chances are we’re going to be stuck here for quite a while. Anything below 888 is very bearish – 910 should give the bears shrinkage, and 918 is where the short term bearish saga ends for now.

Enjoy the ride – it’s going to be ugly.

9:49am EDT: Boy, that was quick! We are at the ES VWAP now which is 896. NQ is already leading above is 1442 VWAP. If we push higher from here it’ll strengthen the bullish case.

9:57am EDT: Damn, I just realized my chart looks like the gay flag – LMAO 🙂

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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