Steve's Place

[DeepBlue1]

Everything is at critical levels right now, including the DOW, the USD, the VIX etc.

We're at a super, mega, humongous inflexion point at this moment and it looks to me like the mantra has been and still is...sell into any rallies.

As far as skimming by the sharks...On Fast Money (CNBC) one of the "sharks" revealed a little secret on how his trading desk operates.

They use a sophisticated computer program that watches literally every trade and calculates (based on a mathematical formula) the levels of buying and selling "pressure" in all stocks and futures options based on how many trades go off at the bid or ask and levels in between to detect institutional buying/selling so that they can get in front of any moves.

Computer trading accounts for something like 90% of all trading that happens now. It's hard out there for a little pimp like you and me. LOL