Wednesday, July 22, 2009

Thoughts for Thursday. The market will turn down quick or it wont. In other words, short bets will pay off starting tomorrow, or a break up can happen. I expect a stop clearing run....and then a pretty big down....the market makers have made this cannot hold tight stops or just get blatantly whipped out of positions. It's obvious. In other words....the ones who created the financial system blowing up and now forcing investors/traders to have invreased risk with looser stops.

I have executed my trading plan 100% perfectly up till right now, I traded nothing this whole week, while these shenangians wear out everyone. I see it and hear it.

I shorted ES at 953 at 4AM EST.

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Insightful and Useful Comment!