Rollover Chop and Slop

Were you listening to the S&P pit this afternoon? or, just watching the ES trade…. now THAT is the movie of chop and slop. Typical for rollover time – days better spent doing something more productive than trying to catch a decent intra-day trend!

By |December 10th, 2008|“Locals”, Definitions, Markets|0 Comments

Evidently chop and slop can be in 100 point increments …

Wow – what a chopfest. … which I have heard is the sign of a bottom. I could really see and feel the fight for value – with about equal players on both sides. Hard NOT to get aggravated in that and even harder to apply the “well if it can’t go down, it must […]

By |October 24th, 2008|Markets|4 Comments