Joined Apr 1, 2010
8,861 Blog Posts
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Longer than usual but as enjoyable. Thanx very much Chess
Thanks, dz
“Longer than usual”?! LOL – dz, you better go see a doctor to get that ADD checked.
Preach on, brother Chess: I could listen to you all day (no homo).
@Ultramarine haha that’s a FACT….it was a compliment to Chess, you may have understood it differently.
I watch his market recaps everyday & never get fed up. I’m extermely happy he 2X the time on this one
Chess –
One thing of note inside the tape yesterday the bounce off the lows came directly after the ECB Nowotny “lender of last resort” comments hit the wires. If you look at this chart we closed right within the edge of the balance area which tells me the bid off the lows was less buy action and simply lack of confidence to sell lows after that headline. I’m not longer index holding put spreads but my feeling is that it’s a bear flag:
http://www.flickr.com/photos/geckler/8573225063/
*no longer holding index put spreads