Frosty Friday Rub Down
Frosty Friday Rub Down
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!