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Frosty Friday Rub Down
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Frosty Friday Rub Down

Frosty Friday Rub Down

by The MoleMay 22, 2009

Boy, am I glad I caught up on my reading today because this tape was mind numbingly boring and predictable at the same time:

Non subscribers might assume that I’m making this up but we were all well prepared for a whipsaw day and once we saw the onset of what I call the ‘Chinese Snake Wiggle’ around the Lite’s zero mark it pretty much confirmed that today was a tosser. Didn’t stop me of course from loading up on the top, which is now paying off handsomely – as I’m typing this futures are dropping without a whimper of buying pressure. My only regret is that my final contingent order for SPY puts was missed by half an ES point – I had it lurking at 896 and we painted 895.5 – grrrrrr….

Nice way to ring in the long weekend however. Don’t expect to hear from me for the remainder of the day but I’ll be sure to chime in over the weekend.

Cheers!

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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