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The Really Useless Thread

  • #36,441
  • Nov 28, 2011 4:05am Nov 28, 2011 4:05am
flatski...
Look Sharp/Trade Tight
  • #36,442
  • Nov 28, 2011 4:07am Nov 28, 2011 4:07am
Quoting darimik
the markets are on fire.

S&P at 1190.. already over 2.5% up since the friday close.
I'm watching 1204ish and 1230 closely as the two suspects for it to turn again.
  • #36,443
  • Nov 28, 2011 4:08am Nov 28, 2011 4:08am
shorted S&p 1189.4 (not the future). stops not too far away. nap time
  • #36,444
  • Nov 28, 2011 4:12am Nov 28, 2011 4:12am
Quoting Mr Hatch
that's the tricky part of it atm. this wave actually should not exceed 342x...
that a 10-4, I have that area on my radar also...a breach of that could indicated a trend change on some TF's and open 3526/30, in any event, I have 3390/96 ahead of that, were I look for signs of slowing momentum, a test/rejection of that area, and a close under 3358/63 might make me look at the short side...sidelined for now however...could call it a day just as easily...
Look Sharp/Trade Tight
  • #36,445
  • Nov 28, 2011 4:21am Nov 28, 2011 4:21am
Quoting PayTheLimit
that a 10-4, I have that area on my radar also...a breach of that could indicated a trend change on some TF's and open 3526/30, in any event, I have 3390/96 ahead of that, were I look for signs of slowing momentum, a test/rejection of that area, and a close under 3358/63 might make me look at the short side...sidelined for now however...could call it a day just as easily...
let's see, if we bounce and retest that channel line. never mind, just playing around a bit to stretch my fingers.
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  • #36,446
  • Nov 28, 2011 4:22am Nov 28, 2011 4:22am
Quoting Mr Hatch
let's see, if we bounce and retest that channel line. never mind, just playing around a bit to stretch my fingers.
and this thing is stretching its legs...
Look Sharp/Trade Tight
  • #36,447
  • Nov 28, 2011 4:23am Nov 28, 2011 4:23am
considering a short here...mixed feelings...
Look Sharp/Trade Tight
  • #36,448
  • Nov 28, 2011 4:30am Nov 28, 2011 4:30am
This just in: Santa Claus has been seen leaving the IMF offices out the back door with DSK (DSK is an elf now): our sources say a market rally is on tap, e/u 1.38 is possible by Friday, if we are good. Don't fight the jolly bearded one.

We categorically deny that any of the above is true. It didn't happen. We never said it did.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #36,449
  • Nov 28, 2011 4:30am Nov 28, 2011 4:30am
Quoting PayTheLimit
considering a short here...mixed feelings...
passed on selling em, for better or worse, I''ll wait to see what this hour looks like...bbs..
Look Sharp/Trade Tight
  • #36,450
  • Nov 28, 2011 4:30am Nov 28, 2011 4:30am
Quoting PayTheLimit
and this thing is stretching its legs...
last time they pushed it up to the 162-extension just to drop hard
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  • #36,451
  • Nov 28, 2011 4:34am Nov 28, 2011 4:34am
Quoting darimik
it can fly without me

you can fly inside of me anytime
  • #36,452
  • Nov 28, 2011 4:37am Nov 28, 2011 4:37am
Quoting Larseg
you can fly inside of me anytime
Inserted Video


  • #36,453
  • Nov 28, 2011 4:38am Nov 28, 2011 4:38am
Quoting Mr Hatch
last time they pushed it up to the 162-extension just to drop hard
those bastards, 3396 that swing high close was there, always a nice spot, but wanted to see if they had the gas to test even/run some stops, oh well, now the question is if they leave a bunch of wick, do I take the short?
Look Sharp/Trade Tight
  • #36,454
  • Nov 28, 2011 4:40am Nov 28, 2011 4:40am
Quoting Mr Hatch
http://www.youtube.com/watch?v=X7mip...eature=related


  • #36,455
  • Nov 28, 2011 4:42am Nov 28, 2011 4:42am
Quoting PayTheLimit
those bastards, 3396 that swing high close was there, always a nice spot, but wanted to see if they had the gas to test even/run some stops, oh well, now the question is if they leave a bunch of wick, do I take the short?

the question is; how can you filter it as a bad trade...
  • #36,456
  • Nov 28, 2011 4:44am Nov 28, 2011 4:44am
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  • #36,457
  • Nov 28, 2011 4:44am Nov 28, 2011 4:44am
Quoting Larseg
the question is; how can you filter it as a bad trade...
good question...
Look Sharp/Trade Tight
  • #36,458
  • Nov 28, 2011 4:45am Nov 28, 2011 4:45am
Quoting PayTheLimit
those bastards, 3396 that swing high close was there, always a nice spot, but wanted to see if they had the gas to test even/run some stops, oh well, now the question is if they leave a bunch of wick, do I take the short?
I don't know, why it should rallye except for those dubious bond purchases. I have 3 open positions, and as long as they don't push this through 3600, they're in the money. I see no (valid) reason for them to do so effortlessly, but then again, karma's a bitch.
  • #36,459
  • Nov 28, 2011 4:47am Nov 28, 2011 4:47am
Quoting Mr Hatch
I don't know, why it should rallye except for those dubious bond purchases. I have 3 open positions, and as long as they don't push this through 3600, they're in the money. I see no (valid) reason for them to do so effortlessly, but then again, karma's a bitch.

hey bro how u been hope all green and sexy
  • #36,460
  • Nov 28, 2011 4:50am Nov 28, 2011 4:50am
Quoting Mr Hatch
I don't know, why it should rallye except for those dubious bond purchases. I have 3 open positions, and as long as they don't push this through 3600, they're in the money. I see no (valid) reason for them to do so effortlessly, but then again, karma's a bitch.
well its looking a little wicky here with 10mins to go, that should cool their jets for a while...
Look Sharp/Trade Tight
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