39 replies to this topic

[zoropb]

Need to get over 1779 right now or likely 50's here we come.

[zoropb]

Ok they listened

[cycletimer]

In pre-market I just now exited $UPRO @ 86.35, entered at 84.75 late yesterday.... Still 60% long and hedged with covered calls. Will buy to close my covered calls on gold stocks I'm holding and re-write calls on next rally in gold which has gotten ahead of itself....

[zoropb]

Main levels of interest for most of the cash session: 1789.75 (double resistance area today) 1783.25 perhaps pit stop test below and back up to higher one. 1776.75 1770.50 need to stay above here 1764 1757.50

[zoropb]

Hi K. always interesting thanks for update. If we do not back and fill a little here I would be real careful around that last level I posted.

[zoropb]

either way even if we do back up here which is likely if long odds really suck at that last level. If the set up is there I will short it later. Was long on the 79 break shorted this level just now for half the level back 84 to 81 won;t mess with it more since we are likely headed to last level later.

[zoropb]

ok wimped out bailed at 81.75 since bias has been positive. nice morning so far.

[SemiBizz]

Watch Out, HUGE VOLUME DUMP AT OPEN !!! HUGE !!

[zoropb]

Watch Out, HUGE VOLUME DUMP AT OPEN !!!

HUGE !!

thank you Mr T I see it. Always good to have your eyes on it as well.

I am done with longs except this new small scalp signal I have. Very quick. I will not mess with that last level with the big guys below otherwise. The 79 break to 2nd to last level had good odds. Bailed early on it at 82.50. Wimped out lol.

Edited by zoropb, 30 January 2014 - 09:56 AM.

[zoropb]

We have odds back to the 83.25 level I won't mess with it yet past that after this probe to the 89.75 area level. A little murky after that will need more price action to access.