So close to last weeks close and yet so far away.

We got a buyer at 278.30 now. Let's see if he gets run over or if he can hold.

Wow, what a battle. I wish that I could screen record this tape at these levels because that was insane.
I went long when the price broke through 278... somewhere around 277.70 and ended up bailing out of that position. Normally my areas of interest are pretty spot on but in this case I wasn't expecting that kind of momentum on the push through.

I started to see a very aggressive buyer at 277.30 so I went back in there... but he had his work cut out for him because there was a seller challenging him fiercely at almost every single 10c increase. Just brutal. A real battle royal.

So here we are now, if the buyer can hold his line, I'm thinking he's going to try to take the price up over 278.50. If not, this seller is going to poop all over this market.

If we can get up to and over 278.50, we may see a quick run up to 278.90 at which point I will dump this position.

Out

MarkB 

Wow, what a battle. I wish that I could screen record this tape at these levels because that was insane.

Check out camtasia.
I wouldn't have minded seeing that.

Okay thanks, will do.
Best to everyone, see you tomorrow.

Morning, everyone.
Good thing for waking up early.. Had some problems with my software this morning and JUST fixed them now, in the nick of time. No expectations for direction today, there's lots of liquidity everywhere, up and down, might be a bit of a rollercoaster. Will be keeping my eyes on the tape until I see something worthwhile.
Until then..

Missed a couple of good trades already.
Right off the open, there was a seller at 278 and I thought to myself... "naw..." and yet, woudl have been a great trade.
Now, there is a buyer who just absorbed a crap ton of sell orders at 277.55 and I don't know whawt to think about that. The market can't seem to trade above 277.60 which makes all that buying at .55 seem... unusual.

Yesterdays' close might be a game changer.. market just cannot break through and hold beneath