Jun 182010

Pretty quick and dirty this morning. Like I mentioned earlier I thought the upside traction would be weak and when I saw the multiple tests of the OH continue to fail I found a good spot with some large sellers for a short. Ordinarily I wouldn’t have shorted that level with 14.75 being right there. I would have thought that would want to get tested for supply so I would have the classic little dip and then a turn around which ran me over. But as the minutes wore on I became more and more sure of the negative sentiment creeping i. Like I said, yesterday’s late low volume rally and the low volume institutional giant long deltas overnight were bullshit. Classic expiration games to aid the big boys in getting the best strike pricing. lol. “Come on Rob, these markets are fair and un-manipulated.” Yeah right and I own a chain of hotels on Mars…

 Posted by at 10:24 am

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