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"You Could Blow Me Down With a Feather"


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#11 zoropb

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Posted 10 May 2009 - 07:58 PM

Out... <_<

cool better entry in the morning I think.

Z

I think you are right, Z. And besides, in the morning I'll be back in my office rather than trying to trade from the beach (under a monkey pod tree). :lol: :lol: GL with your long trade. :)

Don I got taken out at 918.75 I think things just changed by taking out 817.75. May want to go back on this next pop.

Z

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#12 Lysis

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Posted 10 May 2009 - 08:30 PM

There are a lot of people hoping that the SPX reaches 950. Let's see what happens.

#13 zoropb

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Posted 10 May 2009 - 11:00 PM

Out... <_<

cool better entry in the morning I think.

Z

I think you are right, Z. And besides, in the morning I'll be back in my office rather than trying to trade from the beach (under a monkey pod tree). :lol: :lol: GL with your long trade. :)

Don I got taken out at 918.75 I think things just changed by taking out 817.75. May want to go back on this next pop.

Z

Don did you catch it on that pop I scalped 3 up / now short 919.75 stop at 818.

Z

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#14 rkd80

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Posted 11 May 2009 - 12:04 AM

Z, Seems like everyone and their mother is 100% sure that the SPX will hit the 200DMA, markets do not tend to be accomodating to such conventional wisdom. Considering that people will still piling on Friday, trapping the bulls now might be one clever move.
“be right and sit tight”

#15 zoropb

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Posted 11 May 2009 - 12:14 AM

Z,

Seems like everyone and their mother is 100% sure that the SPX will hit the 200DMA, markets do not tend to be accomodating to such conventional wisdom.
Considering that people will still piling on Friday, trapping the bulls now might be one clever move.


got stopped 918 +2.75 re short 921.25 stop in a bit

Yeah been hearing that a bit too much. I do not like the pattern of the futures for the bullish case with SPX so far. if es takes out 917.75 it is toast and we may have peaked.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.