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Bought back: LONG SPX 1689


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#41 PrintFaster

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Posted 12 August 2013 - 02:17 PM

Chinese stocks set to have a decent week.

Chart pack of the leading ADR's are here.

http://stockcharts.c...D,LFC,CHL,CHA|C

Nothing bad will happen when guys like Jim Chanos figure out they need to reverse direction.

#42 PrincelyM

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Posted 12 August 2013 - 02:22 PM

LONG SPX 1689......new highs coming..................but new stop losses before :)
The trip to become the best trader in town is a long way to run


Nice. Cummon I was fair. I posted the stop loss level and how I had been taken out. Then I posted a long, with the level and stop loss.

I think that is reasonable and fair.

Cant wait to start the sub service.


Ok. Fluid/Tor - what are you trading? You say SPX but that is not tradable. So what are you trading. How do you get stopped out? If ES then why dont you give the ES levels? Are you really trading?

#43 zoropb

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Posted 12 August 2013 - 02:36 PM

they may squeeze them first to 91+- 1

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


#44 andr99

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Posted 12 August 2013 - 02:38 PM

LONG SPX 1689......new highs coming..................but new stop losses before :)
The trip to become the best trader in town is a long way to run


Nice. Cummon I was fair. I posted the stop loss level and how I had been taken out. Then I posted a long, with the level and stop loss.

I think that is reasonable and fair.

Cant wait to start the sub service.


Just a question..........you are long at 1689, if just before the close they get below 1689, but above 1679 (your ten points stop loss) will you keep your position open overnight ?

forever and only a V-E-N-E-T-K-E-N - langbard


#45 fluid

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Posted 12 August 2013 - 02:43 PM

LONG SPX 1689......new highs coming..................but new stop losses before :)
The trip to become the best trader in town is a long way to run


Nice. Cummon I was fair. I posted the stop loss level and how I had been taken out. Then I posted a long, with the level and stop loss.

I think that is reasonable and fair.

Cant wait to start the sub service.


Just a question..........you are long at 1689, if just before the close they get below 1689, but above 1679 (your ten points stop loss) will you keep your position open overnight ?


Yes I will. Will you?

By the way the plan would be to make the sub service different to anything else out there.

#46 fluid

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Posted 12 August 2013 - 02:49 PM

LONG SPX 1689......new highs coming..................but new stop losses before :)
The trip to become the best trader in town is a long way to run


Nice. Cummon I was fair. I posted the stop loss level and how I had been taken out. Then I posted a long, with the level and stop loss.

I think that is reasonable and fair.

Cant wait to start the sub service.


Just a question..........you are long at 1689, if just before the close they get below 1689, but above 1679 (your ten points stop loss) will you keep your position open overnight ?


Yes I will. Will you?

By the way the plan would be to make the sub service different to anything else out there.


But if we close around 90, then my stop will be a guaranteed one 1 point below the low of the day, but still long for now under more tight criteria. Risk management you see.

#47 SemiBizz

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Posted 12 August 2013 - 02:56 PM

Sorry, but the argument is getting silly.

There are so many other things to do rather than game these bloated pig indices...

$Yen Short looks good.



http://bigcharts.mar...&mocktick=1.gif
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#48 SemiBizz

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Posted 12 August 2013 - 03:03 PM

Today is 8/12, on 7/18 we traded at 1689, 1689 here, we going nowhere but sideways... Nobody but the brokers make money on a sideways market... UNLESS... and there are very few around these days... YOU ARE A TRADER. As far as these bagholders, bags of wind we have crowing about new highs... SO WHAT? Your money been standing still for 3 weeks, you should be on vacation, not hanging out here. Other than that until the fever breaks... There' s lots of stuff to do rather than argue the dadgum bull and bear case in the market.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#49 PrintFaster

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Posted 12 August 2013 - 03:06 PM

Daytraders are getting frustrated at the lack of action.

i remember reading in late may all the boyz were heading to the hamptons at $300k a month and they were sure there would be little volatility and they were right. Another crap day for bears [ NT ]
peteybear - Mon, Aug 12, 2013 - 03:46 PM (Views: 7)

Seems like plenty of money made the last 3 trading days in materials, heavy equipment and Chinese stocks

CAT, DE, BHP, FXI, etc.

#50 SemiBizz

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Posted 12 August 2013 - 03:11 PM

And in the bigger scope... 1689 is only 2 pts higher than the 1687.18 - 5/22 Internals and Volume Resistance High. This market is a joke for the past 3 months. If all you trade is the SPX.

Edited by SemiBizz, 12 August 2013 - 03:12 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics