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Whacky Wednesday Rub Down

Whacky Wednesday Rub Down

by The MoleAugust 19, 2009

Another solid positive day for the Zero:

I slept through the open (don’t ask – have family from Europe in town) but had I seen the open I would have known right away which way the wind was blowing – that Zero Lite reading was pretty clear.

Otherwise, nothing really to report – you guys know the game I’m playing right now – both scenarios are still valid and I would give each of them a 50/50 chance right now. Doesn’t really matter to me as I’m building long term positios right now – give me higher or lower tape – I’m happy.

BTW, the VIX buy signal is officially unconfirmed – despite a positive candle in the SPX Mr. VIX closed above yesterday’s close. This might be good news for the bears – we shall see – TA is a precarious endeavour lately.

Program Trading Update:

evil.rat/ES: +4
evil.rat/NQ: -23.75 (whipsaw central – about to kick this one to the curb)
resident.evil/ES: +9.5
resident.evil/NQ: +16.5

That’s all I have for now – I’ll chime in again a bit later.

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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