2 days in a row, Part #
#1
Posted 24 January 2007 - 02:46 PM
#2
Posted 24 January 2007 - 02:56 PM
#3
Posted 24 January 2007 - 03:17 PM
For what it is worth; I've got a sell signal that is 62% reliable that brings us down somewhere in and aroundAt the risk of sounding like an undisciplined moron i am moving my stop to spx 1450, based primarily on the accuracy of my 2 days in a row sell signal going off at current levels. if this indicator is right once again, tomorrow could be a very fugly day.
1440 by close tomorrow.
trade with care and thanks for your posts.
#4
Posted 24 January 2007 - 03:27 PM
if we don't get a sharp selloff by end of this week, i will close position, looking for 1422spx short term.I think you are doing the right thing. I am getting ready to join you on the short side (depending on the close). What are your targets? Is it a trade for a few days?
Denleo
#5
Posted 24 January 2007 - 03:37 PM
if we don't get a sharp selloff by end of this week, i will close position, looking for 1422spx short term.I think you are doing the right thing. I am getting ready to join you on the short side (depending on the close). What are your targets? Is it a trade for a few days?
Denleo
If we stay off the highs into the close; there is a high probability gap down also...
#6
Posted 24 January 2007 - 04:05 PM
Closed on highs; tick very high for gap down; I will not take the sell signal.
if we don't get a sharp selloff by end of this week, i will close position, looking for 1422spx short term.I think you are doing the right thing. I am getting ready to join you on the short side (depending on the close). What are your targets? Is it a trade for a few days?
Denleo
If we stay off the highs into the close; there is a high probability gap down also...
#7
Posted 25 January 2007 - 07:23 AM
For what it is worth; I've got a sell signal that is 62% reliable that brings us down somewhere in and aroundAt the risk of sounding like an undisciplined moron i am moving my stop to spx 1450, based primarily on the accuracy of my 2 days in a row sell signal going off at current levels. if this indicator is right once again, tomorrow could be a very fugly day.
1440 by close tomorrow.
trade with care and thanks for your posts.
FWIW; On the off chance someone took this trade. The target is 1442.25 - .50 The run up into the close raised the target a bit.