Tombstone Tuesday Rub Down
Today’s tape was quite simple from a Zero perspective:
Seems like the playaz returned from their extended weekend coke snorting session to bang the tape higher once more. Only problem was there weren’t too many bears around to squeeze – many (smarter than me) learned their lessons in the past few weeks and had cashed out yesterday by the bell.
So, what we got was an inverted version of yesterday’s tape. It was quite interesting to see the Zero Lite flip on a dime this morning and not so much as peek into negative territory all day. However, although the lucky green Irish candles returned today they weren’t able to inflict the type of damage we’ve seen in previous sessions. Liquidity is a bitch – and once you run out of suckers you can only bang the tape this high.
Program Trading Update:
That’s it for today on my end. Need to catch up on some R&R – see you on the other side.