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Post Drop Whipsaw
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Post Drop Whipsaw

Post Drop Whipsaw

by The MoleApril 21, 2009

UPDATE 11:00pm EDT: Okay, I’ve watched enough of this crap and have now a pretty good idea of what’s going to happen today:

Which is more or less – nothing! We dropped quite a bit ladies and leeches and the bulltarts are now rubbing their assholes and wondering what the heck somone put into their drinks last night. So, I expect some of that good ole’ whipsaw we already had the displeasure to sit through all morning. Generally this consolidation would ‘look best’ if we rallied here for a little, touch the diagonal on the chart, and then drop into 800 or maybe into 780 – we shall see…

I had a hell of a tough time to get out of my IBM Butterfly this morning (90/95/100). Those market maker bitches didn’t let me out despite the bid being lower than what I was asking for. Yeah yeah – you can always leg out but I’m not Fujisan and if I don’t screw it up then the market starts making a move (against me) while I’m trying to dump this thing. So, I’m still stuck with it and might have to hold it through a little consolidation upwards.

I just cut MET and DE for nice profits – they might both drop further but I think I wait for a reload (as depicted by the chart above).

BWT – in case you missed it – evil.rat has been released – detailed announcement can be accessed by clicking on the image:

UPDATE 11:06am EDT: Let’s talk money – my favorite subject – except Uma Thurman.

And specifically about our venerable U.S. currency – the good ole’ buck. Here’s the emotional roller coaster it recently went through. But it seems it’s fresh out of rehab and ready to make another go at life. I expect further upside here as the Dollar finally seems to have picked a direction.

Yeah yeah – Gold the big old theta burner. I swear – next time I grab a YG contract but the volume at least judging by the TOS latter is rather pitiful (and ZG isn’t that much better). You got to respect the fact that it’s putting up a fight but gravity will win out in the end. Sorry gold bugs – this to me was yet another chance to load up.

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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