37 replies to this topic

[NAV]

Short around SPX 1204 via lev ETFs. Stop 1208. P.S - Given my system is on a ST sell, i have to short the retracements.

Edited by NAV, 30 April 2010 - 10:04 AM.

[thespookyone]

Should see 88-92 by end of day, nice play.

[zoropb]

Should see 88-92 by end of day, nice play.

I do not know Spooky so far playing like I said yesterday. If correct we should close near open and High Monday A.M. There it may be toast. I am a spectator hear until they show the hand.



*spooky plus 4 so far would have been more but been goofing around too much.

[NAV]

Should see 88-92 by end of day, nice play.

I do not know Spooky so far playing like I said yesterday. If correct we should close near open and High Monday A.M. There it may be toast. I am a spectator hear until they show the hand.



*spooky plus 4 so far would have been more but been goofing around too much.

If we close above SPX 1208, then forget about the down-leg. We maybe headed to new highs in that case, in which case, i will reverse long. We are at a inflection point and should not fool around too much here.

[IndexTrader]

ES testing the 20 day at 1192.00. Just pointing it out. IT

[NAV]

ES testing the 20 day at 1192.00. Just pointing it out.

IT

I won't let you get away so easily. You need to tell me if it's gonna hold or not.


BTW, took 8 points profit on 1/3rd.

Edited by NAV, 30 April 2010 - 11:41 AM.

[IndexTrader]

ES testing the 20 day at 1192.00. Just pointing it out.

IT

I won't let you get away so easily. You need to tell me if it's gonna hold or not.


BTW, took 8 points profit on 1/3rd.

I was afraid of that. I went long at 1192, a small position. I'm using a 10 point stop for now. But to answer your question, I don't have a clue whether it holds.

IT

[thespookyone]

fwiw NAV, for me, 90.50 is the safety cover here. But we go lower. My trendline that broke backtested on a 15 minute at 05.50 for entry, so I'll get a gut check to take the cheese somewhere.

[NAV]

ES testing the 20 day at 1192.00. Just pointing it out.

IT

I won't let you get away so easily. You need to tell me if it's gonna hold or not.


BTW, took 8 points profit on 1/3rd.

I was afraid of that. I went long at 1192, a small position. I'm using a 10 point stop for now. But to answer your question, I don't have a clue whether it holds.

IT

If the market closes below SPX 1193 today, we are headed much lower, perhaps to the 1150 area. If 1193 holds on a closing basis, then bulls still have some hope, in which case Monday's opening would decide the direction of the next move.

Edited by NAV, 30 April 2010 - 11:54 AM.

[NAV]

fwiw NAV, for me, 90.50 is the safety cover here. But we go lower. My trendline that broke backtested on a 15 minute at 05.50 for entry, so I'll get a gut check to take the cheese somewhere.

Spooky,

But i am greedy. Greed is good in markets . I have just covered 1/3.