Neutral Day, Bullish Confirmations – December 8, 2011

[Billy]

Here they go, at last! Shake-out scenario panning out for now.
Billy

[TraderD]

Here they go, at last! Shake-out scenario panning out for now.
Billy
Attachment 11798

Assuming the scenario holds to the close, can you point out the tell-tale signs in the 20DMF True chart?

Trader D

[Billy]

Assuming the scenario holds to the close, can you point out the tell-tale signs in the 20DMF True chart?

Trader D

"I do not know! We are only test-flying this new RT airplane. No flight simulator is available yet!" - Pascal Willain

[TraderD]

"I do not know! We are only test-flying this new RT airplane. No flight simulator is available yet!" - Pascal Willain

Understood, thank you for following up. Based on the action, it looks like we should equip the test pilots with open-ready parachutes :)

Trader D

[manucastle]

Understood, thank you for following up. Based on the action, it looks like we should equip the test pilots with open-ready parachutes :)

Trader D

And bike clips !

Trev

[EB]

I just realized that TradeStation jumped into the illiquid March 12 contract for the ES yesterday...a full week ahead of schedule. Accordingly, I re-did the liquidity chart (higher = less liquid). At the approximate time of posting yesterday of 3:15 pm EST, readings would have been elevated, but did not take out prior trailing month highs until closer to the close.

[nickola.pazderic]

It seems the market has no patience and will not wait long to try another escape from the box.