Zero Indicator
Now Reading
Manic Monday Rub Down
72

Manic Monday Rub Down

Manic Monday Rub Down

by The MoleAugust 31, 2009

It’s good to be back, especially on a sell off day when any meaningful counter rally attempt was met with aggressive selling.

What was interesting today was the lack in participation – we got that early morning gap and then pretty much nothing for the remainder of the session. I was watching several overlapping entry signals on the geronimo side – which was indicative of various attempts to bang the tape higher but it seemed the bulltarts didn’t have the mojo necessary to close the gap – for now.

As a general observation – the spikes up appear to be met with large sell block orders – someone apparently keeps unwinding positions. Perhaps someone closer to the pulse perhaps is able to confirm this?

Program Trading Update:

evil.rat/ES: -1.75
evil.rat/NQ: +0.25
geronimo/ES: +1.25

That’s all for now – I’ll be in touch later this evening for a quick update.

Boy, am I looking forward to that one 🙂

Cheers,

Mole

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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator