Seven Sentinels Sell Signal
#1
Posted 18 August 2009 - 09:43 AM
#2
Posted 18 August 2009 - 09:47 AM
#3
Posted 18 August 2009 - 09:56 AM
Very tough call IT, but I am leaning towards the belief that this last push was a head fake, and that the bear will resume. However, I absolutely reserve the right to change my mind on that if I have to.Are you viewing your "context" as a bear market or a bull market?
IT
Edited by IYB, 18 August 2009 - 09:59 AM.
#4
Posted 18 August 2009 - 09:58 AM
Very tough call IT, but I am leaning towards the belief that this last push was a head fake, and that the bear will resume. And I absolutely reserve the right to change my mind on that if I have to.Are you viewing your "context" as a bear market or a bull market?
IT
The toughest calls are usually the most profitable. I'll take tough over easy any day of the week. You are a class act IYB.
#5
Posted 18 August 2009 - 10:00 AM
#6
Posted 18 August 2009 - 10:21 AM
#7
Posted 18 August 2009 - 10:33 AM
The only buyers are the now infamous Cheif, his accomplice Humble and maybe you , IT and IYB ...oh! sorry he's back on our team again.
http://stockcharts.c...p...4&listNum=1
GS.
#8
Posted 18 August 2009 - 10:36 AM
Will watch the bounce on this basket to short again unless the NYSI goes positive.
Good trading to all.
The NYSI short
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#9
Posted 18 August 2009 - 10:41 AM
Intraday SPX 992-93 is tough resistance. Let's see what happens after that, if at all we get there.
I've got my eye on OEX 460.30 fwiw
ps..with a possible impunitonic c=a at 990 es......and vxo fills a gap at 25.88
Edited by eminimee, 18 August 2009 - 10:48 AM.
#10
Posted 18 August 2009 - 11:25 AM