grinding up over night.
/ym touches HIGHS.
/es touches highs.
/zb now bounce up a little.
based on strong financials premarket -- instant open at AD 1000
it was right to take breakout of /es at 1569 -- and look for trend day.
Early signals pointed to massive strength. Then trailing stop would keep you in for 10.
Or else /tf -- and done by noon time. Afternoon chop as expected.
Too early for major move down -- hasn't been hours of distribution (only more accumulation).
AIG, EBAY strong
fomc NOTES -- 2 PM ... CHATTER.
IBM strong - may keep /ym elevated.
/ym pushing -- can't fight IBM.
financials SOLID, aig, db, gs, bac --
zb - nlod
grind it UP UP UP.
DB regains 200 day -- euro ETFS strong -- looking at nearly 1% move.
gotta be stupid or dumb to be short a bubble.
AD 1529 !!!!!!!!!! BUBBBLE !!
/zb still sinking
can't short early -- pointless.
AD 1620 -- just a bubble day -- some people try to fade it -- but they are not listening.
euro etfs up 2.4%
IWM up 1.7%
again -- your goal is to HOLD all winners acting well. Taking early profits is what destroys CP.
1:15: ad off 1600 highs...
/zb slight bounce --
not worth shorting -- merely resting. Too strong to drop. Shorts in a big hole will support each tick drop.
AD 1645 -- shorts in trouble... again.
/zb near lows
i'd say we could see 2%
/tf 2.04% at 3:53
945 -- no surprise.