on the shorts she may find support at 189.50 but I dont see anything real concrete to indicate she is doing anything but pausing. But if I go short at 189.50 she IS going to reverse, So I will make all your shorts good today by taking my 40 pips and moving on and NOT getting shorter, but I so want to get shorter but she is laughing at me saying come on get short so I can go back home to North Dakota.
[B]“A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes.”[/B]
Hugh Downs
Anyone thinking long here? 
[B]“Always listen to the experts. They’ll tell you what can’t be done and why. Then do it.”[/B]
Robert Heinlein
reports due in about 30 minutes:
7:30am USD Core Retail Sales m/m -0.2% 0.4%
7:30am USD PPI m/m -0.5% 1.2%
7:30am USD Retail Sales m/m 0.2% -0.1%
7:30am USD Core PPI m/m 0.2% 0.7%
8:55am USD Prelim UoM Consumer Sentiment 64.0 63.0
Core retail will be higehr than expected (-.2%)
PPI will also be higher than expected (-.5%)
Retail sales will also be higher than expected (.2%)
core PPI will be right at what is excpected (.2%) or a little lower
U of mich CS will alos be higher than expected.
At 830 as a result of the news I expect GJ to run down some until everyone realizes hmm, we need to get long, so there will be all sorts of whipsawwing going on this morning over the next 2 hours.
I am flat but she looks like she is doing that retrace up a bit thing, but when the news hits at 830 count on her quickly running down but then bouncing back up fast.
zippy downward movement, then some rocketing upward movment.
And I was wrong about all but one 830 report
but I think she is going to run down still.
going into umich CS, The news would indicate that may be all the down we get until we get to 10AM EDT. Again I expect UMICH report to be higher than expected but I will probably be wrong on this, which if I am guppy will go down NOT up.
[B]“Knowing is not enough, we must apply. Willing is not enough, we must do.”[/B]
Johann Wolfgang von Goethe
I dont think I am gooing to get in yet. umich will also gage inflation which they say is expected like 4.8% that is unrealistic inflation is way higher I think.
But I must wait for that UM reports as that will determine where she goes in 70 minutes and until then I will remian flat.
Even though I know this is the place to get short.
than expected the GU will goup and likely that will carry guppy up so being short would be bad. Sothe chart says down but the news is set to interupt the natural flow of her desired movment.
[B]“You become what you think about.”[/B]
Earl Nightingale
I think about her constantly!
look at all those long wixks to the top side on the 3M,
I would have been short at 190.00 and she looks to be running south now, but in one hour someone is going to reboot guppy and distrupt her current program.
I would be sure to dump them now or before the UM report.
As someone lit a fire under guppies arse all of a sudden.
[B]“If A equals success, then the formula is: A = X+Y+Z. X is work. Y is play. Z is keep your mouth shut.”[/B]
Albert Einstein
I am thinking short at 190.00 NOW. But will remain flat, if someone is going to sit here and babysit here I’d say go short with a tight SL as you have 30 minutes or more to make some easy short pips. BBL
8:55am USD Prelim UoM Consumer Sentiment 73.1 64.0 63.0
8:55am USD Prelim UoM Inflation Expectations 3.6% 4.8%
These numbers are manipulated and inaccurate, a better gauge of the reality of it all is to see the markets reaction especially as it relates to GU and UJ
UJ should be sailing and GU should be sinking but I dont see that yet.
Why is she rising when she should be sinking based on the news?
check out the 4h that even seems to indicate she should be getting pretty heavy now and coming down hard.
So I will stay flat as there will be a huge gap on Sundays open, if today is wild.
I am done for the week I think. Enjoy the weekend everyone!
news that positive USD makes the us stock market go up which is good for the guppy carry trade. I got sold out on my shorts with 30 pip lost.
No I am not going long here 191.30 on the big looks like her limit for now.