Indestructible

This year is going to be fun, my intrepid stainless steel rats. There will be volatility galore and thus plenty of opportunities for us swing traders. Prime directive for 2011: Let’s leave the top and bottom calls to the mental masturbators – you know who you are. We are here for one reason alone: To bank coin – and we don’t care whether this happens at SXP 1300, SPX 1000, or SPX 600 – all the same to us. The tape is the tape – we have no emotions, no allegiance, and we don’t get married to our positions.

So, let’s be focused, let’s be efficient, let’s be nimble. And let’s have some fun! So many pigs in the game at this point – I expect there will be plenty of pillaging for everyone. I want to see blood in the streets.

That’s right, this is Evil Speculator!

Alright, here’s a little appetizer to get things rolling:
[amprotect=nonmember] Charts and commentary below for anyone donning a secret decoder ring. The rest of you guys will have to wait until tomorrow – sorry. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
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Okay, this is one of my most precious long term charts with so many applications, it boggles the mind. If you don’t see what’s going on here, do yourself a favor and find yourself a different hobby – trading may not be for you.

The rest of you guys start drawing some correlations between ATR levels and Bollinger breaches/levels. And yes, I’m using 215 days – figure out why. There is a lot of meat on this steak – don’t waste it.

See you on the other side.

Cheers,

Mole
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