Great trading. I sold my long at 82.11 thinking there will be a pull back. I do think VMW is a great company but at present it is all about trading not investing. These HFT are controlling the market and they do not really care about anything other than the easiest way to make the most money. Will observe before I trade VMW again.
I saw the agenda. The agenda is always the same. Liquidate those who are on the wrong side. 76.18 was the 5 day break out level. So if you were going to put on a short then the spot was against an extreme level away from the vwaps for the past 5 days. 82.12 and above was simply so far out of the zone for today that I had to respond. Even 80.22 seemed like it but I was sure that it was not high enough to put some on. These clowns know they have to rip it up and away from the value area to keep the drive alive.