Roll ends at the end of August, so Monday. I never really paid that close of attention to it when it winds down because its just as easy to watch the overall volume and you can pretty much tell right off of that. Been putting up some good volume numbers. First we have to get the 94 print. There should be some selling coming in now at the triple bottom on the big chart. On the .50X1.50 the triple bottom comes in at 95.50 but before it would get there it would kick in a long tail up and you already have a long tail up on the smallest chart. Good thing on all of them is the low pole reversal. With this extraordinary volatility that's gone on it seems to me that the moves in a particular stock are more likely to be held hostage to the big market so trying to work points on the chart could be easily thrown out the window with a big move in the wrong direction. Too tough for me to consider 95.25 or 95.50. I do expect CME higher...plenty higher. GOOG..know is it was real crime for it to have gotten as low as it did. Nice to be busy isn't it...Ponz.
Yeah, I told you about him before. I recall that you said that you had one at one time also. Bearded Dragon. Ponz.
Isn't that nuts, I saw one guy standing behind some glass doors and when the explosion hit, it just seemed to obliterate him. It was caught on a camera. Ponz.
98.50 that is, I have a lizard on my shoulder and he made it hard to type. Cool lizard he is. Ponz.
Don't have time right now, at office........will post you later. I would say though, not looking for much out of GOOG now, It needs to mark time. Ponz. Yep, CME still needs the 98.00 after chopping out alot of longs.
You have to give time, especially how this market is. Plus, we're only slightly removed from earnings date. Ponz.
Poles,when I say the down channel, I am referring the Dow. The Dow has had its share of poor performing stocks in it. The rest of the market just going along with it. Would like to see CME recover above the 5 day today, that would be good. Ponz.
I don't know Poles. I haven't had my ear to anything today. Just seems to me that the market is just in this down channel from the May highs and it is also August and that seasonally isn't all that great either. Could probably pin some of the usual news to it but I would say its just continuing what its been doing. Makes it hard on he long side from day to day, that's for sure. Ponz.
I see it was treading water and then just took a hit. Garbage market. What else is new? Good day for me not to be watching it. Ponz.
Weather here is beautiful.....not too humid, yep got the 34 print, now lets see if it does anything about it. Likewise to you stay cool. Ponz.
Yes we've had delayed reaction moves after earnings. Would like to think that this will happen this time. Like we say around here, CME will never do what you expect it to do at any give moment. This ascending triangle pattern is really getting squeezed as the lows are moving higher. Might just be that this delayed reaction will be what springs it loose to the upside? For now its just having a battle with the 20 day MA. GOOG, just trading in a narrow range. Don't have much to say now as it marks time. A trade of 634 would be good to get the blood flowing again. Yeah boy that gold market. Nasty. Its got to be building up some serious bearishness there I would think? I notice that CME's volume is picking up today and while I agree with you about August, maybe we can get surprised with some better action. I want to say that Aug of last year averaged around 12.4M but I would have to look that up to be sure. Yahoo has mostly been working OK for me. You just never know. Keep the long posts short until you think its going to work right for you. Nothing worse than that. Ponz.
You'd think they could throw us a quarter or something. You know, throw the dog a bone.....well, the small point chart threw out a buy signal. Whoopie. Ponz.