tommy, i actually see some people using today's vix down as a bullish reason to go long!!
I'm only commenting on the 3 things doing what they did today collectively, not VIX and up or down.
Seven Sentinels Sell Signal
Started by
IYB
, May 12 2009 05:35 PM
25 replies to this topic
#21
Posted 12 May 2009 - 10:44 PM
#22
Posted 13 May 2009 - 01:55 AM
Shhhhhh you can't time them and TA does not work. Only buy and hold buy and hold buy and hold. Everyone knows that!I've been hearing that for 40 years now. Better not let Z and IT and a few others here know that "it can't be done" -- they'll all be out of work.They stressed the importance of not trying to time the market, blah blah blah.
First thanks sir Don for the update.
sorry could not answer you today rk
Been a busy day got whipsawed a little in the am -3.25 dumped them went in dumped and finally bought them at 895.50... put cover GTC's on them for 811. +15.50 because had to leave for flight to Miami Beach and could not monitor it. I just shorted them 910.50 stop 911. I think we need to print lower tomorrow say around 892ish+- on cash then back up for a good pop back to maybe 916 area. Hey lucky guess today on 915.
Z
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#23
Posted 13 May 2009 - 02:25 AM
thanks for the update IYB!
#24
Posted 13 May 2009 - 03:53 PM
IYB
I missed the top. Dang day job. Any chance we get a bounce into Friday?
Thanks
#25
Posted 13 May 2009 - 05:03 PM
Nice call.
#26
Posted 14 May 2009 - 01:10 PM
IYB, is the stop on your SSSS trades a SSBS?