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Monday Madness Rub Down

368

Monday Madness Rub Down

Monday Madness Rub Down

by The MoleJune 1, 2009

Zero did very well today – kept me from going short:

That’s really all I have to say today – looking at the Lite it’s blantantly obvious this was a ramp job to push the tape above the 200-day MA on the DJI.

No evil.rat or resident.evil trades today – thank you Evil Lord!

Geronimo kicked ass – 3 for 3 – 2.25 SPX points each trade 🙂

I might chime in later but it seems nobody is here today anyway – looks like a lot of folks either got wiped out or decided to walk away from this tape for a while (probably not the dumbest idea).

Mole

1:34am EDT: Sorry I couldn’t provide an update tonight. I received my new Apple quad-core Nehalem system today and ran out to get a Cinema display for it. Then I had to install Win7 64bit via Bootcamp – I know, what a sacrilege but I need it to run NinjaTrader. At least it’s 64bit and I’ll be able to address more memory once NT7 comes out. Anyway, to my surprise I got everything working – even the wireless MightyMouse got discovered and is working.

I’ll probably post an updated count tomorrow morning. Short term we’re probably dipping into a 4th and then rally into a 5th wave. I would stay out right now as the 5th could be truncated or short – this is not a good spot to dip into positions. No worries – our time will come.

About The Author

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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**Disclaimer** The information provided on this website, while timely, colorful, and accurate, is not to be taken as financial, legal, tax, psychological or any type of advise. The purpose of this website is to track the progressions of human herd psychology as it is reflected through several financial markets. Any commentary on this page, however useful it may be, is used for illustration, and to inspire thought provoking discussion, and not to be taken as specific trade recommendations. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
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