03.18.10
…a day’s trading…3-18-10 Thursday.
9:00am
…what to expect?…not much…
10:55am
…DOW +14…another pathetic start…
…a day’s trading…
9:00am
…what to expect?…not much…
10:55am
…DOW +14…another pathetic start…
9:23am
…more of the same today?…continually higher with very little volatility has been the exact daily activity for weeks now…
9:45am
…DOW +32…nothing but buyers day after day…hour after hour…and this is during a break out to new highs…when may it snap?….not betting on it…but waiting for a chance this morning to find a trade…I don’t love the gap open to trade on early…
10:04am
…DOW +37…the excitement almost dragged me in for a long trade…which still may be good…but I have seen that tempo too many times to jump in head first…
10:31am
…DOW +30…bekieve it or not, i think the upside is shot for the day…could bully higher, but only looks good with beer goggles on…short side needs some motivation and impressive behavior….now~!
10:36am
…DOW +25…TRADE ALERT: (SELL SHORT S&P) BUY 2500 BGZ @ 14.24…10:33am ..need straight line down, now…not even a 5 minute high…
10:40am
…DOW +31…TRADE ALERT: SELL 2500 BGZ @ 14.21…at 10:40am…too much TIME
10:45am
…DOW +33..there is just no sharp edge to movement in this market…bitht the LONG and SHORT have been comprimed already today..leaving nothing but perhaps the slow continual up move that takes 4-5 hours to slug upward…not trading for a RAZOR…
1:58pm
…DOW +74…maybe I’ve been watching too much 24….but this market is not the efficient marektplace we have come to know…the upside is almost mechanical, slow, persistent, and undeniable…but something is not right…I spoke in 2008-2009 about the missing $2-3 Trillion dollars missing from the Fed, purposely and without denial, money out the back door…I knew it would show up somewhere…this market is clearly are on those places…along with gold and China and markets spread all over the world…and I know that ex-Goldman Sachs, Secretary of the Treasure Hank Paulson is the lead or one of the lead characters behind many things..I called it the greatest heist in world History!…it was, and it is…and it will continue to push higher financial assets, all the while cramming Treasuries to near zero return…when those Treasuries slowly start rising, I believe that Hank believes it will create a slow, steady growth in assets and money…prosperity for all perhaps?…that would be a rational…conspiracy theory galore…
…maybe not exactly as I describe it, but I bet it is damn close…I will be looking around for Hank, but he has practically disappeared…I wonder why?…no I don’t!
9:24…FED today…all RAZOR Trading will be done by 1:00pm…
9:42am
…DOW -2…not a promising start…nothing even close to on the horizon for a trade…also, there are NO bears in this market…they are in serious hiding…this market has no real selling…
10:17am
…DOW +2…WOW, now we a really shaking!…4 point move in 30minutes…
10:37am
…DOW +7…another 30minutes..another 5 point change…getting nutty out there…actually not to far from upside entry potential…
10:41am
…DOw +5…DID YOU SEE THAT?…market shot up to +12…get out the duct tape, a storm is brewing!
11:45am
…DOW +30…was watching for some quick hits to follow the LONG trade direction for the day…but got none in TIME…out… good-bye.
12:55pm
…DOW +16…one more thing…the LONG trade of the day has been stopped out…FED comes, anything goes…
9:45am
…DOW +3…no reasons to jump anywhere yet…although the market just clearly passed on the opportunity to fall down…it had the chance and spanked it away…and it running into new highs for this early morning…
10:20am
…DOW -5…TRADE ALERT: BUY 1000 SPY at 115.19..@10:10am…
10:43am
…DOW -8…TRADE ALERT: SELL 1000 SPY @ 115.19 @ 10:43am…enough TIME to get what I needed higher…didn’t happen…out to fight again…
10:52am
…DOW -16…everything is taking too long to happen…short side is turning up some heat…but this area has been available all morning and no takers…that may change, as the market does often…but TIME matters…it influences intensity…and that ship is pulling up anchor to leave…
1:51pm
…DOW -22…checked out for a while to important matters…like Jim and Wally World…this market stinks, and good-bye.
9:33am
…DOW +25…last :40 minutes up yesterday…before that, no commitment could be found…i am mostly done by 12:30pm…
…this morning has nothing to offer the first 5 minutes…but the premise of a weekly close would need a triple digit loss to happen…
9:36am
…DOW +22…not too worried the market takes off higher from here…the volatility is just too pathetic for a major move to be on the way…consumer confidence number at 10:00am may shake things up..a crater is more likely than a surge for the markets…but i will look to trade either…
9:59am
…DOW +20…upside does not look as solid as it has…number please…
10:26am
…DOW -1…TRADE ALERT: BUY 2500 BGZ @ 14.82 @ 10:25am…(selling S&P short)…TIME and price stop on this…
10:30am
…DOW -1…did not make the TIME …SELL 2500 BGZ @ 14.80 @ 10:30am…
11:37am
…DOW +7…the long side is actually sneaky strong underneath…almost baiting a wanting short…if this market was heading down, an hour ago was a perfect opportunity…I do not care for either setup anymore…but I will hold off on goodbye.
2:01pm
…DOW +10…buyers still hold this market…but it just seems like something is wrong…I will say this, there are no shorts in this market. So holding this bid up is the default. Does that mean be a buyer?…Yes. Until I figure out what is wrong with this picture…
2:15pm
…DOW +7…I just spied a whole in the levy…lets see if it starts to leak down from here…