Head Fakes 
Bobble Head Dance(0)
Who loves you baby?
Matt Davio and I had some fun today, as we often do.
Kojak and his lollipops… both of us old enough to remember I guess.
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Speaking of that, Markets have memory, don’t they?
Today’s Key Idea: Watch the daily chart for signs of support.
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In a dance that would make even Houdini scratch his head in [...]
Foolish Behavior
E.O.E.
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“Expect them to run the stops in both directions today and fool both sides.”
Pre market scalps to gather seeds, as usual.
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Our premise was be conservative short side after a 200 point plunge.
Originally we were skeptical of the 22 breaking.
Half gap and gap trade available at the open; 32 key resistance. 29 ideal entry zone, but [...]
Whiplash
Repeat of yesterday.
Yeah, right.
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Today was a jam from the pre market, continued through rth morning, and then the lunch pullback began.
Same as yesterday ! We are going to plunge !
Not.
The morning is for the Bulls, while the Bears are in mourning.
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The Boyz are a little more creative than that, aren’t they?
The Basic market structure we [...]
Swinging with Louie
Talking heads again.
Let’s eavesdrop on a fictitious conversation. (This is just a story, and has no relationship to persons living or dead.)
A reminder: We get it wrong often, just like everyone else. We need a little humor to keep our sanity.
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Zeek: “I think we get the long way home”.
E: “Sounds good to me.”
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Translation: The Boyz [...]
More in this category:
- R-e-s-p-e-c-t
- Under water
- We snooze, we lose
- Meanies
- Janus
- Witches
- Stardust…
- Action Reaction
- Tidy Bowl
- Clunky Math
- Bobble Heads
- Say What?
- Two Faces Have I…
- Emini Resistance and Support
- The Middle is the Middle
- Lose your ego or lose your money
- Pete and Repeat
- Emini Showtime
- The Spidey trade
- Gone fishin’
- Ms Direction
- FOMC = Fake Out Most Charlies
- The Itsy Bitsy Spyder