Still short.
Still not expecting much as all extended time bear setups fail this year.
My summation index signal is down.
My composite trend signal is neutral but could choose either direction over the next few sessions as a number of components are near thresholds.
If the trend signal decides to flash down, I would hold off on any further shorting until the NYMO cleans up its oversold condition.
I am expecting this short to get stressed if not killed soon.
Even if the bottom is not in, it would not be unusual for the NYMO to take a trip back up to around zero prior to a final push down.
It is a little weird state of affairs as this has been a pretty puny correction to get this indicator to this extreme. I am genuinely curious to see how things unfold.
While there is precedent for NYMO getting more oversold and staying down, it is usually associated with some fear and panic.
With the VIX < 19, I would say there is no scramble for the exit taking place at present.
I'll see how things go and manage the position accordingly.
Pleaseeeeeee let’s stop it right here…
Out of bonds: I love it when u post yr trades, keep it up, it is NOT u
TG: I had the other guy blocked, why don’t u just block him
Let’s get on with trading…….
smiley face
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Pleaseeeeeee let’s stop it right here…
Out of bonds: I love it when u post yr trades, keep it up, it is NOT u
TG: I had the other guy blocked, why don’t u just block him
Let’s get on with trading…….
smiley face
I have some recipes I can share... Like hummus and baklava
Al_Dente wrote:Pleaseeeeeee let’s stop it right here…
Out of bonds: I love it when u post yr trades, keep it up, it is NOT u
TG: I had the other guy blocked, why don’t u just block him
Let’s get on with trading…….
smiley face
I have some recipes I can share... Like hummus and baklava
I made some hummus with blackeyed peas. OMG it was redneck arab delicious.
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Al_Dente wrote:Pleaseeeeeee let’s stop it right here…
Out of bonds: I love it when u post yr trades, keep it up, it is NOT u
TG: I had the other guy blocked, why don’t u just block him
Let’s get on with trading…….
smiley face
the only other person I have had to block was Petsamo....but I kept seeing his posts when there was a response...so it only works so well....
Dude, you need to drop the obnoxious attitude...I am getting so sick of it...what is it with the laughing faces on a constant basis..it is so annoying....is it possible for you just to post your stuff in a normal way?
Obnoxious attitude? Looks like sarcasm doesn't work well over the internet Someone seems a bit uptight
Last edited by Unique on Tue Jun 04, 2013 10:31 am, edited 1 time in total.
Al_Dente wrote:Pleaseeeeeee let’s stop it right here…
Out of bonds: I love it when u post yr trades, keep it up, it is NOT u
TG: I had the other guy blocked, why don’t u just block him
Let’s get on with trading…….
smiley face
the only other person I have had to block was Petsamo....but I kept seeing his posts when there was a response...so it only works so well....
Dude, you need to drop the obnoxious attitude...I am getting so sick of it...what is it with the laughing faces on a constant basis..it is so annoying....is it possible for you just to post your stuff in a normal way?
Obnoxious attitude? Looks like sarcasm doesn't work well over the internet Someone seems a bit uptight
I don't think that kind of obnoxious sarcasm works anywhere...I don't want to get into a back and forth with you slinging harsh words...I am just requesting that you drop the obnoxious attitude and let's just leave it at that... As you can see others have already blocked you, I don't want to have to do that, let's just all be calm and respectful. When all you provide is obnoxious sarcasm, it's disrespectful of the other members...I don't see anyone else on this site posting as you do...because they respect the other members....please be respectful...
up indeed, now let's see how this up leg goes. still bullish biased though.
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