Monday, March 29, 2010

Show us something we have not seen…

This is getting as monotonous as it gets…

It is not rinse – repeat anymore…it is "hey, good morning folks, lets do our usual bullshit act – buy from each other on borrowed money – we are not going to be around when fecal will hit the big populist fan"

Pardon me saying it, but this is exactly the feeling I have.

 

Anyhow, /ES channel continues to work magic, I am trading it, but watching really closely for possible breakdown – don't want to be caught off guard.  Did few /es trades and 3 /NG "close long-short/cover-long again now" – crazy contract, but drop after hours provided entry right where I really wanted it.

 

Few charts…

2010-03-29_2239

2010-03-29_2240

 

Market Focus »

ICSC-Goldman Store Sales
[Bullet
7:45 AM ET

 

Redbook
[Bullet
8:55 AM ET

 

S&P Case-Shiller HPI
[djStar]
9:00 AM ET

 

Consumer Confidence
[Report][djStar]
10:00 AM ET

 

State Street Investor Confidence Index
[Bullet
10:00 AM ET

 

4-Week Bill Auction
[Bullet
11:30 AM ET

 

Farm Prices
[Bullet
3:00 PM ET

blog comments OCCASIONALLY powered by Disqus