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Just Scalping Around

Just Scalping Around

by The MoleJuly 16, 2009

2:05pm EDT: I have been quiet as I was busy scalping the ES futures with geronimo (just exited winning trade – hehe). My puts are still waiting for a sell off – hopefully not in vain:

I’m seeing a busted diamond pattern on the ES futures right now – great – TA is officially dead. The SPX 937 level is probably where the bears are going to make a stand today. We breach that and my puts will have to go gently into that good night.

2:17pm EDT: Adding puts right here at SPX 935.

2:20pm EDT: This is today’s poor helpless puppy:

Remember, only you can save it – but ‘tragic accidents’ can happen, right? 😉

2:40pm EDT: I am getting the feeling I’m the last bear standing at this point. Air is pretty thin up here – breathing is hard – waiting for those booster rockets to finally burn out.

Fucking genius this guy….

3:37pm EDT: Well, either we bust another 30 handles now or we drop into oblivion. Your guess is as good as mine as all my indicators blew out on this last push higher. It’s all in the hand of the crack sniffing ping pong playing HFT crowd now.

Avatar of the day:

How about this – let’s just blame it all on Lester.

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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