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MarcinO
Rep: 67
Posts: 5,506
Kicking it off. I will try to post charts starting from tomorrow.
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jimkane
Rep: 3,058
Posts: 33,089
Anyway, I think the only odds play on the ES right now is long. Long, or out.
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jimkane
Rep: 3,058
Posts: 33,089
Let me be clear. My viewpoint here is nursing a short on some 'in case', but I realize the likely futility in that, and I can see it being done before I finish this post.
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jimkane
Rep: 3,058
Posts: 33,089
I also realize, though, that if they are going to let this drop, they will want to shake everyone out first. But I really feel the urge to be long, and with a big position. Now I ponder if this is just what they want it to look like so they can shake everyone out and drop it. This one is tricky. I usually just stand aside when it's not extremely clear.
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jimkane
Rep: 3,058
Posts: 33,089
They so want to gun this into the close. I feel like I'm on the mechanical bull at Gilley's. They want everyone off this. I can't get any read at all about the direction. I simply can't see it at all right now. Wow, are they good.
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jimkane
Rep: 3,058
Posts: 33,089
Sit on a partial short and see, that's my view.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, I think the odds are increasing this is ready to pop.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, this is good. But, the really interesting part is they made me think, even as I knew the games they were playing, that it was finally going to pop, and then they took it to new lows. Like I said, for me, this is just a ride the short with a partial and try to stay on the mechanical bull as they try to shake everyone out first play, but they really did a great job making me crave being heavy long. Oh, well, they didn't get me. But they more than succeeded in making me want it...
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jimkane
Rep: 3,058
Posts: 33,089
I'm curious now to see if that bigger sweep leads to a pop up, or not. Or will it just grind out the clock down here somewhere.
RA
rat89
Rep: 0
Posts: 7,015
took half my short from this am off on that pop....half on just in case
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jimkane
Rep: 3,058
Posts: 33,089
Give it to me, baby.
RA
rat89
Rep: 0
Posts: 7,015
yeah, they are funny