The global ES doesn't look bad for bears because it had a failed attempt trying new high overnight, so now bears got the ball and must breakout yesterday's low to make the 2nd 1-2-3 formation. Let's see.
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Guess who is coming tonight for dinner…but could show up anytime now for brunch?
If you don’t, even after looking at this projection, read Cobra’s “Market Outlook” last night…
Just wonder if FBI will make any new catch on RIMM "Pump and Dump" rumor game. They did catch some in insider trading probe today. http://www.cnbc.com/id/46037546
Following a TraderGirl’s suggestion, I am now looking for an entry point to short the Emerg. Mkt. with the help of EDZ:
CAVEAT:
1. This a “3x short” which, like many others, likes better to go down than up. Therefore, I consider to rather buy, when I get a signal, EEM puts, which are very liquid…
2. Should the contour of the ellipse act as a strong attractant or not? Uempel might bring some insight into this matter…
+++corrected by me: "EDZ"
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Last edited by cougar on Wed Jan 18, 2012 10:49 am, edited 1 time in total.
do you know what means those shortcuts "high algo activity"?
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HFT
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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it'd be the 3rd test on the low, so if indeed get tested, better not hope it'd hold.
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