I Guess the Answer Was Pounced #SassyMusings 4/10/14

POUNCED!

POUNCED!

  • The title is in reference to my post two days ago titled, Is That a Bounce or Are You About to Get Pounced.
  • Yellen doesn’t get follow through love like Ben. Why an old lady would sign up for a job like that is beyond me. I’d rather retire somewhere and chill.
  • So happy that what we got long on Tuesday we sold on Wednesday. I didn’t want to take chances as I mentioned yesterday. This is what I posted 2 days ago to my subscribers….not a bad call hey?Screen Shot 2014-04-10 at 6.46.59 PM
  • So was today the Thursday low before options expiration week? Guess we will find out, but we got back long today. Our best long was MCD first thing this morning. Flight to safety and gross food prevails!
  • This trading year is not for swing traders. If you can’t adapt to quick trading, better to be patient and wait for a trending market cause it ain’t easy right now.
  • How did I lose to Northman’s ghost contest???? Where is the love?
  • I would post some open interest porn for you guys, but I imagine it all changed today so would be useless till it’s updated.
  • Chart of the Day: I got two of them for you. Screen Shot 2014-04-10 at 3.36.50 PM
  • Held the 20-week moving average for now…..It hasn’t closed below on a weekly basis since the first week of 2013 Screen Shot 2014-04-10 at 4.12.50 PM
  • Tweet of the day: Screen Shot 2014-04-10 at 4.19.24 PM
  • This was the picture with the link: Screen Shot 2014-04-10 at 4.18.45 PM
  • So happy tomorrow is Friday and don’t forget next Friday Markets are closed.

Have a good night guys and if you are struggling consider a subscription ;-).

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