The late break in the e-minis from 1245 to 1230 is not something I had expected. Consequently I just sold my 2 units long at 1232.25. I still think we are likely to go up tomorrow, but I prefer not to stay overnight with a loss in these volatile markets.
Tomorrow the December contract becomes the most active and I expect to try to get long again in the Decembers early in the day.
Carl: Thanks for keeping us posted on your thoughts and trades. Very helpful in this volitile market.
ReplyDeleteTom K
Right now it would seem this market has the hots to only go down....what's the adage....don't fight the tape. Kind regards, Janet
ReplyDeleteCarl
ReplyDeleteGood to have your intraday updates-much appreciated.
I am a diehard Bear-thinking much the same as Catherine over next 2/3 years-as to whether or not we see a'lost decade'Japan style-I think this is very unlikely outcome unless we see first the 'hyperinflation' scenario
many thanks
carl, appreciate your intraday updates. This is much better than your old format. Thanks
ReplyDeletecarl, appreciate your intraday updates. I check your blog several times a day :-). thanks for sharing your market forecast
ReplyDeletecarl, the time zone in your blog is not EST. Would you mind change it to EST so I don't have to remember to convert it to EST
ReplyDelete