06.28.09
6-29—7-05 2009
…the RAZOR BLOG will be on hiatus until after July 4th…happy trading…
…a day’s trading…
…TBIF…to bad its Friday…
11:18am
…DOW -59…what up traders…the action may slow here, but so far the movement has been great…
…SPY at 91.46…low for the day is 91.27, but 91.08 is the bottom seeker…
12:57pm
…DOW -37…
2:10pm
…DOW -56…just a waste of TIME waiting on this market…
9:59am
…DOW +21…not very fond of this early morning move up…it setups a day with few possibilities long side…
10:51am
…DOW +34…key point in the day…just at a pullback that is sufficient to an uptrend move…lets see if this level is the stopping point, or do we return to flat on the day…
11:58am
…DOW +136…took off, obviously that was the stopping point, which i picked to go to the bank….I am out for the day…pissed off that this stinking market can’t give an intraday trade for nothing…
12:14pm
…DOW +146…pissed off…I’ve gotta a mind to short this hunk of cow crap….actually it is Bull crap…if I saw the short, which I don’t….did i mention I am out for the day…then what am i doing here?
3:19pm
…DOW +151…this day is setup to finish at the highs…I don’t like it, but it would be shocking to not make another high for the day before the close..the pin action today is impressive…don’t like the setup, but the action is better than it has been in weeks…
9:51am
…DOW +52…
10:11am
…DOW +85…
11:27am
…DOW +99…this will be a buy day after lunch…the FED FOMC at 2:15pm…announcement is set up to ride this market higher this afternoon…
12:02pm
…DOW +75…
12:28pm
…DOW +57…I started my buy in on the SPY…I hope to keep adding into the 1:30pm area…
…TRADE: Buy SPY at 90.68…at 12:24pm…
….SELL SPY at 90.58…the execution just stole 5cents off a market order at 90.63..unreal crap…anyway…I don’t like the lack of good things…
12:57pm
…DOW +55…back in on the SPY at 90.67…RAZOR TRADING has a filter that when activated will signal the next entry phase…
1:21pm
…DOW +65…not yet…
1:35pm
…DOw +49…I like the possibilities but this market is not ready for prime TIME…it is not moving very well…:15more minutes to go up or down …either way it will open buy opportunities if it will shake a little bit…
1:43pm
…DOW +58…the S&P above 910…currently 908…has some springboard potential…unlike this day trade so far which is toooo slow to gamble with…after 2:00pm will be too late for me to ride the news…if the target is hit on the SPY —91.10…before the 2:15pm Fed…I will be out…unless the next few minutes show some spirit…
1:47pm
…DOW +48…ask and receive…adding more to the long soon…RAZOR FILTER activated…more of the same would be helpful…
1:58pm
…DOW +42…not enough filter to enter more…rather pathetic after shocks…I may be out in 1 minute…SPY at 90.66 I do not like the 60-69cent area…
2:05pm
…DOW +45…I am O-U-T…do not like the action
…SELL SPY @ 90.6805 @ 2:05:01pm…
2:35pm
…DOW -19…glad to be out…the rest of the day is a circus and I will be done until tomorrow…see ya…
10:16am
…DOW -17…selling pressure did not take long to dominate this morning…
11:10am
…DOW -49…next Monday Tuesday finish the month and more importantly, the quarter…that is performance number for funds that are very important…
11:34am
…DOW -15…but the action the last :10 minutes does more harm than good to a RAZOR setup…too bad, I was looking forward to jumping long right in here…
1:09pm
…DOW -1…
…TRADE: Buy SPY @ 89.4395…at 1:01:44pm…
1:22pm
…DOW 0 unch…we did have a jump a few minutes back…looks like it was Obama talking…he has one question left, so lets see what we do now that he is finished…SPY @ 89.60…I do not like the 60-69 cent area…
1:36pm
…DOW -5…SPY at 89.52…I will be looking for a new days high on the S&P …that would be above SPY 89.88…in the next 30-40minutes…if I can hold off any serious pullbacks…the next :13minutes could be nice…but that durn .60 cent area looms above the SPY right now…
…TRADE:…SELL SPY at 89.44…I don’t want to play anymore after the wrong TIME made an aggressive minor low…
1:55pm
…DOW -15…2:00pm still has a chance to save this market…it will be big in one direction …