Emini FuturesCast / The Daily Pod 06/20/11
June 20, 2011 at 5:11 PM (QQQQ)(DIA)(SPY)(GLD)(SLV)
Hope you all had a great Father's Day! If you listen to nothing else you should at least listen to the song at the beginning of today's broadcast. It's a ripper......
We covered all the markets. Nailed the low, nailed the high, and then hit on a few philosophical high points. This one should be on a t-shirt but as David pointed out, we probably won't get around to it.
- You'll never get the right answer by asking the wrong question.
Whenever you find yourself up the proverbial creek or just plain stupefied by the dilemma du jour and the solution is as elusive as six-pack abs, it may be time to stop looking for the answer and rethink the question. I admit I've run up against my fair share of brick walls and when I can't scale it, or walk around it, or blow it up, then I have to accept that perhaps I'm on the wrong path. I'm not encouraging anyone to be a quitter, I'm just saying... "You'll never get the right answer by asking the wrong question".
How TWEET it is -
We've enjoyed a nice string of successful trade ideas on our Twitter Feed. Keep in mind that trading is risky and you can lose all your money. Use proper risk management and always use a hard stop. Markets can often move a large distance on thin volume. Always practice SAFE TRADING!
Last nights tweets that were actually triggered -
Buy ES 1269 (+6 possible)
Sell YM 11896 (+45 possible)
Buy YM 11940 (+100 points possible)
Sell 6E 1.4210 (+56 pips possible)
Sentiment today was somewhat Bullish as indicated below -
And the CFRN Sentiment Indicator gave our Partners a crack at a 5 point as well as a 4 point bounce.
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