3 replies to this topic

[NAV]

IWM puts around IWM 79.80 for a teeny loss. Had opened it around 79.50. Very mixed indications right now. Just want to be flat here and relax until clarity returns.

[rkd80]

IWM puts around IWM 79.80 for a teeny loss. Had opened it around 79.50. Very mixed indications right now. Just want to be flat here and relax until clarity returns.

i covered earlier and got all anxious when i saw you reshort, but could not find the justification for it. cool to see you back to neutral. i find NQ's strength to be interesting...

[NAV]

IWM puts around IWM 79.80 for a teeny loss. Had opened it around 79.50. Very mixed indications right now. Just want to be flat here and relax until clarity returns.

i covered earlier and got all anxious when i saw you reshort, but could not find the justification for it. cool to see you back to neutral. i find NQ's strength to be interesting...

Technically, justification was there and is still there. But when i see the market not reverse during the morning CIT, 10:30 Est, in the face of a brutally ugly A/D line, i can only smell big money upto something. I would rather take the day off and do nothing given that i have booked some big profits for the day.

Good trading folks.

[rkd80]

IWM puts around IWM 79.80 for a teeny loss. Had opened it around 79.50. Very mixed indications right now. Just want to be flat here and relax until clarity returns.

i covered earlier and got all anxious when i saw you reshort, but could not find the justification for it. cool to see you back to neutral. i find NQ's strength to be interesting...

another interesting thing.

look at the CPCI...index boys are covering while equity is buying. Also ER2 is doing better than ES even with the ugly A/D line. This reaction to the ECB could just be an over-reaction.