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CharterJoe
Rep: 4,475
Posts: 2,352
Lost track of time...lol covered @ 41 +2.00 on that one...41 is the monthly VWAP ;)
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Just when you get in the zone they close the thing....have a good weekend all.
KO
koolblue
Rep: 48,651
Posts: 16,032
Well, we could continue up mon. to 1253-4,or even 1262 but i feel good about this and think theres a good chance we go down a little first. So im holding one till sun. nite .SEE YA GANG!
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
I have been observing all of your posts for a while and wanted to thank you all for all you have shared. FWIW, keep an eye on 54.25 (yesterday's UVA) for Monday as we have an unfulfilled 80% rule today. If it continues to head for the Gulf as a 3 or 4, Ike may make it moot but like gaps filling, eventually unfulfilled 80%s tend to fulfill. Also, we have single ticks from yesterday between 55.5 and 61.5.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
prestwickdrive,
I am targeting the same VAH or UVA as you stated. And am watching those singles at 61.25, all these area's seem good for some larger size shorts. Also we have had a falling POC since 8/28 and falling value for the same amount of time. I think the market got to a place where they can stablize a bit and catch it's breath because we hit multi weeks lows on some massive volume and bounced up hard and pulled off a close in the upper 20% of todays range. I think some trading above todays high would be a nice long entries to ride up to those levels.
I am targeting the same VAH or UVA as you stated. And am watching those singles at 61.25, all these area's seem good for some larger size shorts. Also we have had a falling POC since 8/28 and falling value for the same amount of time. I think the market got to a place where they can stablize a bit and catch it's breath because we hit multi weeks lows on some massive volume and bounced up hard and pulled off a close in the upper 20% of todays range. I think some trading above todays high would be a nice long entries to ride up to those levels.
RE
redsixspeed
Rep: 4,111
Posts: 1,711
Bruce;
This is off topic, but what is your definition of a ledge
(so many indicators so little time)
This is off topic, but what is your definition of a ledge
(so many indicators so little time)
BR
BruceM
Rep: 216,211
Posts: 19,895
Any stats on the "unfilled" 80% rule....? I heard Ann Tedisco mention it about 8 years ago but much like the 80 % rule itself there seems to be no real statistics on it.....
quote:
Originally posted by prestwickdrive
I have been observing all of your posts for a while and wanted to thank you all for all you have shared. FWIW, keep an eye on 54.25 (yesterday's UVA) for Monday as we have an unfulfilled 80% rule today. If it continues to head for the Gulf as a 3 or 4, Ike may make it moot but like gaps filling, eventually unfulfilled 80%s tend to fulfill. Also, we have single ticks from yesterday between 55.5 and 61.5.