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The Really Useless Thread

  • #62,121
  • Mar 5, 2012 10:53am Mar 5, 2012 10:53am
Quoting attila
I am annoyed as fuck too. Trying hard not to do anything stupid.
this 22/29 area is still holding in my view, looking like a possible inside bar this hour, might take another crack at a short play for 3066/74...not a fan of this time of day however..
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  • #62,122
  • Mar 5, 2012 10:54am Mar 5, 2012 10:54am
3221, last hours mid..
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  • #62,123
  • Mar 5, 2012 10:57am Mar 5, 2012 10:57am
Quoting PayTheLimit
this 22/29 area is still holding in my view, looking like a possible inside bar this hour, might take another crack at a short play for 3066/74...not a fan of this time of day however..
I have the same line as you but this is one of those times to do exactly the opposite of what's logic.. It's a shit session. Thank you NY for living up to my expectations. Fuck you, NY and your motherfucker mama.
  • #62,124
  • Mar 5, 2012 10:59am Mar 5, 2012 10:59am
Quoting gatorinla
if you look at it like this.. the wedge failed here in blue.. the next one is being tested atm... and looks weak.. its up to the fat lady.
the one first talked about. orange
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those who can, do. those who cant, talk about those who can
  • #62,125
  • Mar 5, 2012 11:01am Mar 5, 2012 11:01am
Quoting FibbinArchie
just focussing on short term, it looks like the old bait and switch sure enough, but no follow through, i bought the dip, but closed, coz we're not moving out of the chop zone and we're fast running out of london hours...

could be coiling for a pop after the london close, may come back to it at the ny pm...

s&p hard down on the day but into support...
this is short term also.. with med+ term indication
those who can, do. those who cant, talk about those who can
  • #62,126
  • Mar 5, 2012 11:04am Mar 5, 2012 11:04am
totally recouped all of friday's losses, it was a fairly large draw down as i did some heavy averaging and didn't get out at break even when i had the chance to, totally dumb trend fighting on a friday afternoon, but there you go.. so i think i'll settle for that for now, will come back later to see how it's developed... gl..
  • #62,127
  • Mar 5, 2012 11:04am Mar 5, 2012 11:04am
damn it...

short 3227, risk 3244, pay 0..
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  • #62,128
  • Mar 5, 2012 11:05am Mar 5, 2012 11:05am
Quoting PayTheLimit
damn it...

short 3227, risk 3244, pay 0..
I just went long. LOL.
  • #62,129
  • Mar 5, 2012 11:05am Mar 5, 2012 11:05am
Quoting gatorinla
this is short term also.. with med+ term indication
well med term is definitely pointing to down, but i just can't ignore that trend line and subsequent 80 pip bounce, think we could be in meat grinder mode for a bit.. bbl, gl..
  • #62,130
  • Mar 5, 2012 11:11am Mar 5, 2012 11:11am
Quoting attila
I have the same line as you but this is one of those times to do exactly the opposite of what's logic.. It's a shit session. Thank you NY for living up to my expectations. Fuck you, NY and your motherfucker mama.
lol, dude, I've hated NY for longer than I can remember, NY brokers are the worst in the world, they are crooks...crude/coffee/OJ/silver/gold/copper/Hoil/NGas/cocoa/cotton..just outright crooks, those bastards never filled an order without figuring how to fuck you first...brokers in Chciago have been held to the uptick/downtick rule since the late 1800's, not NY, never heard the phrase NOT HELD more times in my life, dont even get me started...
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  • #62,131
  • Mar 5, 2012 11:13am Mar 5, 2012 11:13am
Quoting attila
I just went long. LOL.
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  • #62,132
  • Mar 5, 2012 11:14am Mar 5, 2012 11:14am
Quoting PayTheLimit
lol, dude, I've hated NY for longer than I can remember, NY brokers are the worst in the world, they are crooks...crude/coffee/OJ/silver/gold/copper/Hoil/NGas/cocoa/cotton..just outright crooks, those bastards never filled an order without figuring how to fuck you first...brokers in Chciago have been held to the uptick/downtick rule since the late 1800's, not NY, never heard the phrase NOT HELD more times in my life, dont even get me started...
There is nothing in this world I hate more than the NY Session. I'm gonna get me a tattoo with: Fuck the NY Session.
  • #62,133
  • Mar 5, 2012 11:15am Mar 5, 2012 11:15am
Quoting attila
I'm gonna get me a tattoo with: Fuck the NY Session.
lol, I like it..
Look Sharp/Trade Tight
  • #62,134
  • Edited 11:38am Mar 5, 2012 11:16am | Edited 11:38am
wicks only above 3236 on m5 (23.6% of down move from last week)..

unless ny pm can convincingly get above it then i fancy asia to take it back down south, but lets c..

gawn, bbl..
  • #62,135
  • Mar 5, 2012 11:57am Mar 5, 2012 11:57am
Quoting PayTheLimit
lol, dude, I've hated NY for longer than I can remember, NY brokers are the worst in the world, they are crooks...crude/coffee/OJ/silver/gold/copper/Hoil/NGas/cocoa/cotton..just outright crooks, those bastards never filled an order without figuring how to fuck you first...brokers in Chciago have been held to the uptick/downtick rule since the late 1800's, not NY, never heard the phrase NOT HELD more times in my life, dont even get me started...
I couldn't help it, but I had to chuckle.
  • #62,136
  • Mar 5, 2012 1:41pm Mar 5, 2012 1:41pm
Quoting FibbinArchie
will come back later to see how it's developed
2 hrs on and it hasn't, will check in around the tokyo pre market...
  • #62,137
  • Mar 5, 2012 1:44pm Mar 5, 2012 1:44pm
Quoting Wulfgar
I hope this turd doesnt range all night between like 3225 and 3170... uggh...

still lookin for another drop before a major push back up at the end of the week.... lots and lotsa fundie crap to whip things around this week
Ranged just like expected... I suppose my lazy ass should of just bought the low... But I was sleeping..

Anyhow I'm building shorts for a run down to 3072 before the shorts get their "fuckening"
  • #62,138
  • Mar 5, 2012 2:40pm Mar 5, 2012 2:40pm
Quoting Wulfgar
Ranged just like expected... I suppose my lazy ass should of just bought the low... But I was sleeping..

Anyhow I'm building shorts for a run down to 3072 before the shorts get their "fuckening"
be careful, wulf. I'd like to see that myself, but 3220 is building a nice base for an extended wave northwards. Of course, I could be wrong... but I am looking at 3285 and 3350 for now.
  • #62,139
  • Mar 5, 2012 2:41pm Mar 5, 2012 2:41pm
just did my bi-yearly shopping
  • #62,140
  • Mar 5, 2012 2:52pm Mar 5, 2012 2:52pm
Quoting Mr Hatch
be careful, wulf. I'd like to see that myself, but 3220 is building a nice base for an extended wave northwards. Of course, I could be wrong... but I am looking at 3285 and 3350 for now.
i got 3280 as a top side target if that's the way flow breaks, but got 3260 mpp ahead of that... but personally if i had to guess i'd say down first...
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