Zero Indicator
Now Reading
Short Term Opportunity
139

Short Term Opportunity

by The MoleAugust 7, 2014

Forgive my absence this morning, as you may imagine I’m still recovering from my back injury. However, I have not been completely useless as I’m actually working on a very cool surprise for you guys. I’ll explain it all either tomorrow or Monday, depending on how fast I get it done. In the meantime I have been observing the recent gyrations on the E-Mini and given the ES 1903 retest a little earlier I think we have ourselves a juicy short term setup opportunity. That is IF we wield the iron while it’s hot!

You may recall that 1903 was yesterday’s low as well and it tested once again today. I cannot guarantee you that it’ll hold, we simply have to wait things out. But we do have a rare opportunity right now for a long campaign with a stop just a few handles away. Get long here and put your stop a few ticks below 1903 – that’s it. Don’t play options as vega squeeze would rob you of most of your profits – stick with the futures or if you want your favorite ETF (short term they are fine).

That’s the view courtesy of the Zero indicator – over the past three sessions the hourly panel has been producing a pretty distinct divergence. Again, that doesn’t mean that the lows cannot be breached but until this happens (and we drop through 1903) there are decent odds down here for a bounce and perhaps a little short squeeze. Below 1903 Lucifer awaits and all bullish bets are off.

UPDATE  1:49pm EDT: As I’m typing this we are right below VWAP at 1912 – a push above it before the close probably seals the deal on a little bounce higher. If VWAP cannot be breached then it’s fair to hold any long (futures) positions beyond the NYSE close but make sure you are around to manage them. Now let’s grab the popcorn and see what happens.

UPDATE  EOS: The bulls didn’t have the mojo to drive the tape higher. This may get ugly and turn into Soylent Red. We’ll watch the tape but we won’t be trying any long positions until a bullish or bearish inflection point has been reached.

See you guys tomorrow – have fun but keep it frosty.

It’s not too late – learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don’t waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Cheers,


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

  • dragan ilic
  • dragan ilic

    By the way…thats also why i see SPX 1923 as an great reversal pivot… SInce prior weekly candle´s low is just about 1923 SPX

  • https://evilspeculator.com molecool

    Yeah, everyone has their own lens – as long as it works for ya.

  • dragan ilic

    Mole…you are the master ratling…. Been following this blog for years, learned mostly from you, scott and other rats here. Trust me, it works

  • Malcolm O’Hara

    Failed breach on the 200, I bought TZA @ 16.15 with current
    stop @ 16.25.

  • Darkthirty

    I’m seeing 3 of 5 DJI target 16300 + – , then 78.6 retrace…….but I’m just scalping

  • stovis

    Bad time for the zero to freeze up

  • Darkthirty

    Probably dead data feed, seems to happen when the fan is warmed up!

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m seeing a full Moon on the weekend {snicker}

  • Darkthirty

    pull your pants up!

  • SS_JJ

    Great update Mole. Short and to the point.

  • Darkthirty

    So if we get 2 tomorrow, begins on Monday……………

  • SS_JJ

    yup

  • Ronebadger

    NOW we’re getting somewhere… “pump up the volume”

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    SPX 1905.68 -la deee la de la.

  • Malcolm O’Hara

    Moved stop to 16.50

  • newbfxtrader

    JBTFD

  • Ronebadger

    TRIN 2.00+

  • Darkthirty

    you spose fundamentals will matter when the dollar gets kicked to the road globally?

  • newbfxtrader

    Careful with your bias. The dollar is going to get very strong. Long term we may be headed for the gutter but thats decades away.

  • Darkthirty

    How will it look when the BRICs and now Sweden decide they don’t need the $…..

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • newbfxtrader

    It will be a slow decline for sure but thats a long way off. You cant trade on that now.

  • newbfxtrader
  • Darkthirty

    That’s history, and the pound didn’t have reserve status

  • newbfxtrader

    Yes it did.

  • BobbyLow

    Hey Newb,

    FBOW, you and Ivan triggered an event for me last night with you talking about commodities and then Ivan suggesting a longer time frame to help reduce slippage. I spent most of the day today back testing /GC and /CL under a slightly modified Longer Term version (Daily) of my current system and I liked the results. There would have been only 15 or 16 Trades triggered in each Future. over the past year with a total of 32 trades combined. This should not interfere with my faster Forex system which is much more active.

    I will be using trading capital out of an IRA that is currently sitting in cash. I’m not allowed to trade Futures in my IRA so what I’ll do is Chart /GC and /CL under my RBT and trade the 2X UGL and GLL for Long and Short Gold and 2X UCO and SCO for Long and Short Oil. I know a lot of people don’t like these things but I’ve done pretty well with them in the past. Besides, I don’t want to marry them. I only want to date them for awhile.

    Now what I HAVE TO DO this time around is be PATIENT and not let gaps get to me and work toward having as little emotional commitment to each trade as possible. I also have to accept the fact that gaps are part of the game and once again just simply follow my own rules.

    I’m a little late to the dance on Gold but I began with a 1/2 Position in Gold via UGL today. I’m going to wait on Oil for a Long Entry that qualifies under my rules.

    So I guess it’s true that one should never say never. 🙂

  • Scott Phillips

    Give up on that stuff. You really think you can make money from that sort of masturbation? FYI the dollar is on the verge of a very significant UPSIDE breakout

  • newbfxtrader

    Sounds good 🙂 Good luck!

  • BobbyLow

    Thanks.

  • Scott Phillips

    Advantage of daily charts is they scale up easier, emotionally

  • Darkthirty

    It’s all short term to me. Converting $ to commodities with a long shelf life……………

  • Darkthirty

    In the 20’s, Bretton Woods sealed the deal……………

  • Scott Phillips

    This is a VERY interesting topic. Mole uses 25SMA, I use 8EMA and 21EMA. Al Brooks uses 20 EMA. A lot of traders use 50EMA or 50 SMA.

    Which one is right? Logically they ALL can’t be right! I’ve never seen anyone but Mole and the people here use the 100 bollinger and people seem to like it.

    The truth (and I use moving averages and find them useful) is that the mental shorthand we tell ourselves, for example

    “it has to hold at XXX sma”
    “its finding support at XXX ema”
    “This is a good reversal point at xxx SMA”

    Is entirely fabricated in our minds. It doesn’t really matter what you use, as long as you see moving averages for what they are, a useful visual shorthand, and not something with predictive value at all.

    For example I notice that the very strongest trends, the sort I like to select for trading, often find initial support at the 8EMA whereas later in a trend when it is weakening a larger EMA will work better. Does that mean there is anything magical about the 8? Hell no!

    Our minds evolved for pattern matching and we very readily buy into the illusion that xyz indicator/moving average has some actual bearing on the future price action. When someone says “the Stoch has to get below xxxx for it to be a buy” that is entirely a fabrication.

    I used to think to trade well you needed to be able to set aside the illusion and see things for what they really are. Now I believe that all you need is a framework, an edge, and to follow rules with a positive expectancy.

  • BobbyLow

    Yes I think so. BTW, another seed was planted when you spoke of having a longer term system in play as well.

    Over the past couple of years, I’ve had many systems that would have been profitable over time. But as you witnessed over the past year, as soon as I ran into a draw down, I would tweak the shit out of my system and totally fuck it up so badly that I would have to go back to the drawing board again.

    I guess I had to go through all this shit to help get rid of the fear that’s been my nemesis in recent history.

  • newbfxtrader

    Ease into it. Buy the next dip in say usd/cad small piece and dont touch it! I use the weekly to get sense where I am then enter trades on the daily. 4hr may be ok. Less then that is too much work.

  • https://evilspeculator.com molecool

    Oh please let it be true…. you know how I’m positioned – mwwwuuuaaahhaaa

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    only happened about 9 times in one Year.
    kind of rare.

    +1 for spotting it.

  • https://evilspeculator.com molecool

    Your praise pleases the Mole.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    gawd, it must be the Meds.
    *groan*

  • Prop Joe

    Why are e mini futures down so much

  • https://evilspeculator.com molecool

    I’m popping anything I can find in the fridge. Uppers, downers, pain killers, the works.

  • https://evilspeculator.com molecool

    WAIT until tomorrow – trading will never be the same again.

  • https://evilspeculator.com molecool

    Sorry, I pressed the wrong button.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m not seeing it.
    http://finviz.com/futures_charts.ashx?t=ES&p=m5

    could you be looking at August? expiration causes them to go ‘nuts’.

  • Malcolm O’Hara

    My problem is that I have a hard time wrapping my head
    around the longer term.
    As an example, I’ve been scalping TZA since the beginning of
    July, starting at 13.31. Obviously, had I simply bought and held, I would have made a
    crap-load more than scalping.
    They say the trend is your friend. I just have a problem seeing
    the trend. Short term, I do alright. Longer term I’m not seeing it.
    Today, I thought, I’ll place my stop at break-even. Couldn’t do it. To my mind, it’s a crap shoot.

  • BobbyLow

    I hear ya Newb. But this is another area where we differ in style. I think you and many others like to buy at support and or pullbacks and perhaps sell at resistance. This can be extremely effective. The main problem that I have with this style is that I simply don’t like it.

    I feel much more comfortable buying momentum and selling momentum. In other words I prefer to get in after the move has begun and get out after the move has begun to reverse. And I feel the same way for a longer time frame as I do a faster one.

    I believe both styles work and it’s a matter of which one fits the individual.

  • Darkthirty

    Yeah, positioned in the right country!

  • wandering196

    I have had two back surgeries in 10 years and i have no good advice to give but you have my sympathy. I can feel your pain. ok I do have advice do whatever you need to do to make it feel better.
    Also, you have changed the time stamp on the daily zero but it doesn’t look right to me

  • Darkthirty

    300 + scalp points available on DJI today. Position, about 100

  • https://evilspeculator.com molecool

    Define long term – are we talking daily, weekly, or monthly charts? I find long term charts the easiest to read, quite a lot less price volatility compared with anything near the hourlies.

  • https://evilspeculator.com molecool

    Oh, you don’t remember my USD long position?

  • Malcolm O’Hara

    For me..longer than a day.

  • https://evilspeculator.com molecool

    I am sensing a disturbance in the force…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Scott Phillips

    Sellers had more conviction than buyers. Did you get out of $away?

  • Scott Phillips

    Depends on your beliefs. If your beliefs are that trends are more apparent and smoother on the longer timeframes then this can work for you.

    Myself I am a strong believer in chaos theory that says that anything happening today can affect the future in ways that are very hard to predict. Japan BOJ giving a speech today can affect after hours equity futures that can change the place of the market open triggering stops, which can have a big effect on the market tomorrow…. and so on.

    My personal beliefs are that markets are more predictable closer to the current time, with the caveat that the lower the timeframe the more noise and less signal.

    For me it is a balancing of these two factors to find optimal timeframes to trade.

  • Scott Phillips

    I just shared the ruleset for my long term system with you

  • Scott Phillips

    In ranges buying support selling resistance is optimal. In trends buying strength and selling weakness is optimal.

  • Scott Phillips

    While everyone is watching equities – this is the one chart that really matters. Most important chart in the world, right now.

    Bollinger squeeze and clear breakout. Almost at the monthly breakout level

  • mugabe

    a bit like life, really

  • https://evilspeculator.com molecool

    Apparently not…

  • https://evilspeculator.com molecool

    I look at it tomorrow.

  • mugabe
  • https://evilspeculator.com molecool

    Except the 100 hour – that one is infallible 😉

  • mugabe

    doesn’t look earth-shattering on a long time frame

    http://scharts.co/1lF9nxE

  • BobbyLow

    Absolutely agree. And speaking of weaknesses defining ranges and then trading them is one of mine. I might be able to do this eventually but for the time being and although not optimal, many small losses are factored into my system that usually occur within ranges.

    BTW, the last time I traded a range successfully was a few days ago on the USD/CAD and I scalped about 20 pips on a Limit order which was filled just before it broke out. And then I was like a deer in the headlights and didn’t know what to do as I watched it run up another shitload of pips. So this is something that I need a lot of practice in defining, working within and around.

  • mugabe

    yes, it really is the holy grail. you should sue anyone else for using it.

  • http://www.ProfitFromPatterns.com/ Ivan K

    The instrument of choice also plays a role in determining what timeframe to work with … additionally the lifestyle and temperament of the person play a major role.

  • Scott Phillips

    You don’t need or want to do everything. Be a specialist in one particular type of price action.

  • Scott Phillips

    Yes it does if you know what to look for. Breakout direction at the end of a trading range is cumulative

  • BobbyLow

    I thought that might be the case Scott. Thank You.

  • dragan ilic

    I use alot of diffrent EMA´s, and when i trade I usually use all timeframes. 8H and 30 min candleframes are my favourites. My trading strategi is to observe shapes of the candles, on all timeframes.
    Agree with you, nothing magical with em, but robots go crazy when those EMA´s get tested. Moves get moore powerful and result in fakeout´s, spikes & downmoves. “Touch N go or touch and fall behaviar”.
    Also i usually never trade SPX 500 directly, i stick to european indexes and mostly Swedish OMX30. Its kind of follow the John in Europe, what ever happens in SPX 500 european indexes follow that tape.

    What i have noticed it, OMX 30 responds very acurite on important EMA´s even if they taking place in SPX 500. My English is not the best, thx for your responce. Your words are wise.

  • dragan ilic

    Thats how a healthy ratling master on steriods gotta sound like. Auf wiedersehen to backpain ? 🙂

  • Malcolm O’Hara

    I don’t remember if there was a “why” But, from a leverage
    aspect, I have chosen 3XETF’s as my mode to speculate..
    I look at the 30min, 15min and 5 for entry.
    Exit is a little trickier. I should employ a hard stop after
    confirmation, but I don’t.
    I eyeball it, and I give the trade 30 minutes for
    confirmation (as a rule-.50% I’m gone). It’s green or red, Red. I’m out. Stops
    are at breakeven and move up at 14:00-15:00 to what I see as resistance/support.

    Now, if I were smart, I would be able to look at the bigger
    picture. I would dearly love to learn to take a longer view, because God knows
    my trading style is stressful.. ok. Let’s say it could be better.

    Life style: Formally self-employed, now relaxed.

    Temperament: Aggressive, but risk averse ..if that makes sense.

  • SS_JJ

    I have no crystal ball, but ST bucky could be a candidate for a side way correction or a retest of the breakout at about 80.85, before resuming a bullish move. Just food for thoughts.
    http://stockcharts.com/h-sc/ui?s=$USD&p=D&b=5&g=0&id=p55876608496&a=362758989

  • dragan ilic

    USD/ JPY = third inside candle on the daily chart.

  • Scott Phillips

    Incorrect, 2 only. But it is a compelling setup and I will be taking it

  • Scott Phillips

    Objectively it is a confirmed breakout which is weakening. So you are correct a sideways correction or retest is now the highest probability

  • Scott Phillips

    Sounds like we trade very similarly. I look for trends across multiple timeframes daily, 240, 60 then trade the 15.

    I also trade the shape of the candle. Lots of good edges in that

  • dragan ilic

    Yes…2 sorry gettin ZZZzzz… 3 AM in sweden. . could be a bigger move..Looks bullish to me.

  • Billabong

    @ BobbyLow – When you back tested UGL / GLL against GC how far back did you go? And if I may ask, what was the final expectancy of each ETF? TIA

  • Billabong

    @ Malcolm O’Hara – If you really want to trade on a longer time frame, you may need to do what I did and dump everything you know and rebuild yourself from the ground up.

  • dragan ilic

    That previous “shooting star” candle is a great warning sign on whats to be expexcted…Below 102 and hell will break loose… Good luck, night.

  • Billabong

    @ Mole Sorry to hear about your back. Is it a muscle or the S series? Sciatica present? Sounds like NSAIDs is what you’re starting with … good place to start. Hope you feel better.

  • Scott Phillips

    This is my position with entry price and stop marked

  • Scott Phillips

    Agree 100%

  • http://www.ProfitFromPatterns.com/ Ivan K

    One of the most dangerous things for a trader to do is to … ‘take a longer view’ … this by definition creates a bias … and thus an attachment to the outcome … of just 1 campaign out of the next xyz campaigns.

    In this day and age of instant gratification … patience is in short supply … perhaps this is one reason why the shorter timeframe is more appealing.

    The higher the timeframe … the smoother the ride … the fewer the decision-making points … less room for operator error … yet few have the ability to trade weekly setups, let alone 2 weekly or monthly ones.

  • dragan ilic

    🙂 Nice call…Great position. Let em winners galore…Retest of 101.770?

  • Scott Phillips

    No idea and don’t care! I just follow my ruleset

  • Scott Phillips

    I prefer not to make market calls 🙂 I buy strength and sell weakness, and let the market tell me what IS happening, not pretend I know the future

  • ridingwaves

    So below 1900 in futures, going to need to bring out the big stick to save this from Moles 1850…

  • dragan ilic

    i try to exercise that strategi as well… All i see right now is that 101.770 is where previous weekly candle ended. With E -mini about to slize down below 1900 SPX, dude this could be another big leg down.

  • dragan ilic

    Yep there she goes!!!!

  • Scott Phillips

    I love it when a plan comes together. Good day so far

  • dragan ilic

    🙂 Ok, of to sleep…Been charting and trading for about 18 hours today…

  • BobbyLow

    I went back only 1 Year this time. I haven’t been able to calculate an expectancy based in “R” yet because translating entries and stops based on the underlying /GC into the ETF’s stock price entries, exits, profits and losses are a little challenging at this point to come up with an accurate APE and SQN based on max R. However, what I did was make the same capital outlay for each trade and then divide it by the price of the ETF to get the number of shares for each trade. Therefore the number of shares for each trade would vary while the capital outlay is always the same. I’ll worry about the exponential stuff later. Also on today’s real trade, I set my stop as a combination of the maximum loss I wanted to allow while making it wide enough to not get stopped on most morning gaps.

    What you might want to do is to take your system and do something similar. You might or might not have to adjust it in some way. I had some minor adjustments because I went from my 4 Hour on Forex to a Daily on this system. Anyhow, give it a try on a back test. Your results might surprise you. 🙂

    OBTW, one thing you will find is that what Scott has been saying about charting the underlying Future is absolutely true. Many times there was a buy or sell signal on /GC and the ETF would lag way behind.

  • Darkthirty

    The AHOLTUS authorized air strikes in Iraq,,,,,,,,,,,,,,,

  • Ronebadger

    AHOLTUS???

  • BobbyLow

    “JPY more hawkish than expected”. I had planned on reducing my short USD/JPY position but held on to it all through the 9:30 PM announcement. Although, I must admit to changing my stop about 10 times during a 15 minute period.

    NZD is shitting the bed though. I Cut that one in half and will probably be stopped on the other half by the AM.

    So far JPY is taking care of bidness and is more than making up for the NZD and that be cool. 🙂

  • BobbyLow

    That’s a great day Scott. I just posted about the JPY up top. I didn’t realize you guys were talking about it here. Anyhow, this was a good one for me too.

    I just took 1 R profit off the table and am letting the rest ride and will see if it still loves me in the morning. 🙂

    As much as I would like to stay up and watch this stuff some more I had better hit the sack or I won’t be worth a shit tomorrow.

    Enjoy the rest of your day. You certainly deserve it.

  • ridingwaves

    good day for all three of ya…cheers

  • BobbyLow

    Ah, I’m back and I just cleared everything off the table on Forex. Cash is a good position too. 🙂

    And now I can say goodnight. 🙂

  • BobbyLow

    Thanks Ridingwaves. Be back at em tomorrow. 🙂

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Spoos down 10 overnight?

    Does Mole traveling to a Dr. count?

    http://finviz.com/futures_charts.ashx?t=ES&p=m5

  • Darkthirty

    Must be that full moon coming on…………………………………..?

  • Prop Joe

    Iraq is all noise. This is similar to August 2011. Go long from here

  • Darkthirty

    Heard that back about 20 points ES

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Prop Joe

    Not from me Sport

  • wandering196

    so for what reason do you say “few have the ability to trade weekly setups”? Because of temperment? Curious

  • http://www.ProfitFromPatterns.com/ Ivan K

    I have found that the desire to see the outcome is a major ‘reason’ / factor … translation … lack of patience and discipline not to look at smaller timeframes.

  • tradem4alpha

    The question is where exactly in August 2011…here or 10% lower (which could be achieved in 2 days or less).

  • Scott Phillips

    Anything to base that lofty opinion on?

  • Scott Phillips

    It should be close enough if you trade a system with wide stops. If your system has very tight stops you could have problems

  • Darkthirty

    Cheeky lil devil, aint she?

  • phylum

    “Wedgie in aisle 1”

  • phylum

    Chicken bones ready!

  • Darkthirty

    Been watching the MESA Sine Wave on prophet, pretty interesting

  • Scott Phillips

    The future outcomes are very opaque. It could go either way from here.

  • Scott Phillips

    This is very true. Hardly anyone is emotionally suited for this

  • Prop Joe

    Best to go short here in that case.

  • Malcolm O’Hara

    I like, or prefer, to zone out the news. By the time we see
    it, it’s no longer news.

    From my observations, there is no point to trade near the
    news. It’s binary. I prefer to sit out or look at 10:30 and 14:00- 15:00 as a
    trade zone.

  • Darkthirty

    I’ll take that as a definite “maybe”!

  • Malcolm O’Hara

    I’m an old geezer. You can’t say dump it..I might take you literally…

    It took some time to get where I am. My trade average is
    7/10. Better than average ( I will post my trades, if challenged.,)My average
    is +2.01% per trade. Now, some might thing that is fair…I don’t. I am looking
    to improve my return, not start over.. Don’t misunderstand. I appreciate your
    advice, but for me, at my stage in life, I am unsure I can apply a radical
    change. By all means, be more specific. ..I’m not dead yet…yet….yet!

  • Prop Joe

    Ball Don’t Lie Son

  • ridingwaves

    I would lean short, as I think the bull buying spree with tons of breadth is now a conditioned response for retail after 4 years, current volatility can play havoc with this as the breadth Mole pointed out is now being sucked out of the market…this is could time for flash crash too…the rally will be alive and well in election season…all this is hyperbole unless it happens…this condition even caused me to cut short on volatility trade afraid of the whip..

  • phylum

    Ivan has an analogy on his legacy website @ Profitfrompatterns.com

  • phylum

    Rubbing her grubby hands over the crystal ball …. it’s so cloudy, oh there it is… a pullback to set everyone up for the Santa Rally ….. that might work, hope they still BTFD…….

  • Darkthirty

    when the Mississippi flooded years ago had a chart telling me beans were going to launch. Loaded up Friday, flood over the weekend. Chart caused the flood? News is used to justify moves, I’ve used announcement times to tighten up trades

  • phylum

    …. and don’t leave out the truism that with smaller timeframes, the instant gratification, you get more bang for your buck so to speak, quickly. Longer timeframes require more patience, less “instant” gratification …. patience is the key, …. have a look at how Newby trades (not saying I agree with his method) however it works for him, maybe u also.

  • phylum

    A question to all & sundry ……… regardless of the rhetoric regarding IR’s, has there been and/or is it likely any of the majors are actually going change their IR policies sooner rather than later? mmmmmm

  • http://www.ProfitFromPatterns.com/ Ivan K

    Part of the challenge is the belief that as a ‘trader’ one has to ‘trade’ … and seeing in our world justification of self is largely seen as a function of what one does … then ‘doing nothing’ for a week or so is … well … rather strange.

  • https://evilspeculator.com molecool

    Still in a lot of pain – May need to see a doctor…

  • Scott Phillips

    ir?

  • Scott Phillips

    No best to stay out when you don’t have a good risk reward opportunity. It’s a good place for a bounce, but the indexes are weaker than expected in context so it is likely that bounce is weaker than expected. It’s not a good place to go short as the easy part of the first leg of the move is done.

    You don’t have to be long or short, cash is a good position

  • https://evilspeculator.com molecool

    Those jeans should be obligatory for any attractive woman under 135 pounds (give a few pounds with latinas).

  • Scott Phillips

    NEW POST!

  • phylum

    Interest rates