Thursday, December 17, 2009

The answer is out there

Was playing with my woo-doo charts this morning and in the brief period of frustration unavoidable after slight disappointment by market coma like behavior I fell into my usual “philosophical moo-d”.

Trinity: I know why you're here, Neo. I know what you've been doing... why you hardly sleep, why you live alone, and why night after night, you sit by your computer. You're looking for him. I know because I was once looking for the same thing. And when he found me, he told me I wasn't really looking for him. I was looking for an answer. It's the question that drives us, Neo. It's the question that brought you here. You know the question, just as I did.
Neo: What is the MARKET?
Trinity: The answer is out there, Neo, and it's looking for you, and it will find you if you want it to.

That is when I realized that I had the answer all along and, as a good caring Samaritan…eh..greedy fat bastard fellow trader… I am giving you sure tip how to figure it all out, absolutely free of charge, free of any ads clicks/usage or donate nonsense and all you have to do is just count those silly black dots, just like I did.  Of course I will maintain my advantage gained with this knowledge and you will have to count black dot yourselves.

 

mainimage

 

As a consolation prize for those mentally and “count challenged” (no, not going to call you or any government official “special” – screw political correctness) here are range projections for today.

 

 12/17/2009

Futures approx. BO

 

 

Daily Range Projections

Low

High

/ES

1104.25

1113.50

SPX

1108.57

1116.82

/NQ

1797

1815.50

NDX

1791.68

1807.56

/DX

76.888

77.338

 

Up to the date /ES and /NQ daily charts

2009-12-17_0645 2009-12-17_0658

 

And quick memory trip back to 11/27’s /DX chart

(for people who do not trade /DX US Dollar Index futures – one integer point move equals $1,000 and initial margin requirement is about $1,600 per contract, so move from74.600 to today’s about 78,000 makes $3,400 which is over 200% ROI with no time decay nonsense – sorry options academics)

11/27 today
2009-11-26_0035 2009-12-17_0705
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