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Bought back: LONG SPX 1689


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#1 fluid

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Posted 12 August 2013 - 09:03 AM

I have a 10 point stop. Looks like FED did a footsave again. Back to long, looking for new highs, 1720. Stops in place. This is high octane trading!!

#2 PrintFaster

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Posted 12 August 2013 - 09:21 AM

Odds are high that the market is going to keep going up now that many "gurus" like Marc Faber and Charles Nenner have proclaimed a top and an imminent 20% correction.

Decent setups on KRE and SMH

http://stockcharts.c...76317205571.png

http://stockcharts.c...76317229704.png

Edited by PrintFaster, 12 August 2013 - 09:21 AM.


#3 PrintFaster

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Posted 12 August 2013 - 09:23 AM

EEM now comfortably over its 20-day EMA, after certain "experts" like Jim Puplava dissed it for the last 12 months in favor of the "Dow Dividend Stocks", LOL...

http://stockcharts.c...76317321335.png

#4 fluid

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Posted 12 August 2013 - 09:39 AM

Mid month buying later this week. How do you spell scortch? lol FEDs buying this and holding support. It could end up being very bullish to 1720. Stops are in, is high risk trading this.

#5 fluid

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Posted 12 August 2013 - 09:40 AM

Its bullish to close below a line then reverse quickly above it - trap some bears.

#6 PrintFaster

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Posted 12 August 2013 - 09:41 AM

Looks like we are back to having 90-minute bear markets instead of 20% mini-crashes, LOL.....

http://stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=9&dy=0&i=t62448139520&r=1376318441900.png

#7 ww4321

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Posted 12 August 2013 - 09:48 AM

Odds are high that the market is going to keep going up now that many "gurus" like Marc Faber and Charles Nenner have proclaimed a top and an imminent 20% correction.

Decent setups on KRE and SMH

http://stockcharts.c...76317205571.png

http://stockcharts.c...76317229704.png

MY etf screen also brought up KRE

#8 alexnewbee

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Posted 12 August 2013 - 09:50 AM

LOL. would like to come back to this thread in 1-2 days. :lol: :lol: :lol:
"we do G.d's work" Lloyd Blankfein

#9 fluid

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Posted 12 August 2013 - 10:00 AM

LOL. would like to come back to this thread in 1-2 days. :lol: :lol: :lol:


Why?

Trade what you see.

Discipline, not opinions.

#10 fluid

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Posted 12 August 2013 - 10:00 AM

Printfaster - can tell that guy is a newbie!! They always turn up at this time.