iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

I LOVE SELLERS

Happy Valentine’s Day ladies,

Gentleman, buy something, anything for your girl.  I don’t care if you think the holiday is fake.

Like I mentioned yesterday, we found real sellers working yesterday.  They left their footprint on the profile, where we see the market making three rotations lower.  What impresses me about the action taken by the sellers is how methodical they were.  This was the clever work of an expert or her robot I’m sure of it. Check it out:

As of this writing, we’re trading below Monday’s pump range around 1514.  Turns out the level didn’t give us much pump in the S&P, although it allowed individual equities to rip higher.  Given yesterday’s profile and the selloff during the globex session, I’m turning my attention to a downside scenario today.  The overnight low sits at 1510 which is right where things get slippery.  Should we lose that level intraday, I’ve boxed the area I want to see price sustain to keep me constructive on my solid long positions.  Should we begin trading into this area, I may scale profits in extended names and cut small losses before they morph into large ones.

Below 1504 today, and a major sentiment shift has occurred.

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11 comments

  1. Sooz

    Happy Valentine’s Day to you, also, Sir Raul. May cupids arrow strike..
    :))

    Listening to Ed Sheeran’s ~Give me Love (nice tune and great music video).

    http://youtu.be/FOjdXSrtUxA

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  2. Sooz

    keep your eye on The Duck. His feather’s are warming up and are about to tear up the dance floor at the disco.

    Sooz loves dancing with The Duck ..
    have patiently traded so many times over the years.(via pickr)
    Long DSCO

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  3. Sooz

    Disco Duck..
    just did a slick dance move after post..hmm
    DSCO

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  4. Sooz

    hated to leave the action this am..

    just returned home after a white knuckle drive down and back off Demolition Fwy. You know the one, Sir Raul?

    Delivering one of my most wonderful Valentine’s to Metro..yippie!!
    cc..Rhino, she is a 6ft tall(long femur..inseam @ 39) , blond hair and blue/green eyed beauty.
    My eldest 18 yr old offspring who happens to be so much smarter than me..;) is going to spend mid~winter break with family in the land of Magic.

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  5. Sooz

    just in case you were wondering?
    I did not sell any of my position
    DISCOVERY LABORATORIES INC NEW COM NEW

    17,000.000 $2.650 (at time of this post)
    $41,994.34

    staying long and strong and
    promise to let you know if this changes.
    Have a great weekend, Sir Raul and all other Beautiful People around this joint..

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  6. Sooz

    with most recent buy back of shares
    here: 01/08/2013 +20.97% $2.17
    and here:11/14/2012 +41.59% $1.85 (posted this buy back on pickr)

    and still holding much smaller lot (after rocket profit taking also posted in forum/pickr)
    here:12/19/2011 +70.98% $1.54

    How do you like that..
    (trying not to get all emotional here)
    Do you know how hard it is to post without a smile, EM, but I’m trying just for you?

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  7. Sooz

    on a funny side note here..

    Did you know that 2 Chainz real name is Tauheed Epps (who also goes by the name Tity Boi)?

    this could explain him toting around those brass knuckles..hahhaha

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  8. Sooz

    Listening to a little Elvis(remix)

    http://vevo.ly/gGqN6e

    😉

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