I figure down first, then bounce up tomorrow...
Cramer about to come on CNBC to say sell tech
Started by
dcengr
, Jan 18 2007 12:39 PM
8 replies to this topic
#1
dcengr
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Posted 18 January 2007 - 12:39 PM
Qui custodiet ipsos custodes?
#2
dcengr
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Posted 18 January 2007 - 12:50 PM
So far, the weak hands have been rotating from commodities into techs... and maybe finally into SPX, Dow. Guess after that, market can make a top.
Qui custodiet ipsos custodes?
#3
A-ha
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Posted 18 January 2007 - 12:53 PM
not that easy...there are stops to run ...wait till i fully short spoos...
#4
dcengr
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Posted 18 January 2007 - 01:11 PM
not that easy...there are stops to run ...wait till i fully short spoos...
Which is when? Your tidal wave said SPX 1435 max.
Qui custodiet ipsos custodes?
#5
gm_general
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Posted 18 January 2007 - 01:15 PM
I figure down first, then bounce up tomorrow...
I don't know, I think they are trying to take out some calls for tomorrow, MMs surely were going to get hosed with QQQQ at 45, with max pain at 43. Perhaps it could rebound Monday.
#6
dcengr
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Posted 18 January 2007 - 01:19 PM
I figure down first, then bounce up tomorrow...
I don't know, I think they are trying to take out some calls for tomorrow, MMs surely were going to get hosed with QQQQ at 45, with max pain at 43. Perhaps it could rebound Monday.
There's a buttload of calls at 44 strike, so being below that by friday wouldn't be out of the question.
Qui custodiet ipsos custodes?
#7
eminimee
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I don't care who's fur is flying...
Posted 18 January 2007 - 01:33 PM
follow OEX...it's the lead dog....
a touch of the midband might be in order...but that and the little channel shown must hold.
Not meant for trading the Q's of course...just will give you an idea of total breakdown or final leg of 5th coming
http://www.tradingth...ad/oex_wwww.png
a touch of the midband might be in order...but that and the little channel shown must hold.
Not meant for trading the Q's of course...just will give you an idea of total breakdown or final leg of 5th coming
http://www.tradingth...ad/oex_wwww.png
Edited by Teaparty, 18 January 2007 - 01:34 PM.
#8
A-ha
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Posted 18 January 2007 - 02:23 PM
not that easy...there are stops to run ...wait till i fully short spoos...
Which is when? Your tidal wave said SPX 1435 max.
So it overshoot by 5 points for a day
You should allow a few points error tolerance for the predictions that were made long time ago, from far distance
... I think that is understandable unless you want a Nostradamus to tell you what to do.Once again, no living creature can predict exact tops and bottoms all the time. But it is possible to spot most of the ranges . In order to trade them, you must have a strategy. There was a reason I didnt fully short spoos on December 18.
Here is something I just posted
http://xtrends.blogs...ket-update.html
#9
dcengr
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Posted 18 January 2007 - 02:31 PM
not that easy...there are stops to run ...wait till i fully short spoos...
Which is when? Your tidal wave said SPX 1435 max.
So it overshoot by 5 points for a day
You should allow a few points error tolerance for the predictions that were made long time ago, from far distance
Once again, no living creature can predict exact tops and bottoms all the time. But it is possible to spot most of the ranges . In order to trade them, you must have a strategy. There was a reason I didnt fully short spoos on December 18.
Here is something I just posted
http://xtrends.blogs...ket-update.html
Safe travels, watch that weather in europe, looks nasty... like nasdaq.
Qui custodiet ipsos custodes?
