Jump to content



  • Please log in to reply
1 reply to this topic

#1 CLK



  • Traders-Talk User
  • 9,893 posts

Posted 16 January 2007 - 07:35 PM

Last week I got too bullish on the weekly chart, when I looked at the overbought daily I could not ignore it, had to short. I feel more comfortable trading on a short term basis, I don't particularly like holding option premium for very long. I do think we may have put in a top for a couple weeks but I plan on trading both sides when warranted.

#2 hiker


    independent trader

  • TT Member*
  • 12,118 posts

Posted 16 January 2007 - 07:43 PM

SOX has yet to move above 492 horiz. R.

SMH has yet to move to the h. R at 36.40 -

see lower right column


Edited by hiker, 16 January 2007 - 07:43 PM.