6 replies to this topic

[dcengr]

Alas that will trigger an RSI2 sell signal, but I don't see any other way about it. Last of the bears are getting their nuts surgically removed right now, and the operation won't be over til tuesday. Time for religion on the bear side again, after another move higher tomorrow on the close. A slow.. grinding... squeeze.. make you sweat til you quit rise. Dow 12,800 is in the bag.

[CLK]

Short IWM right here.

[esther231]

If DOW goes there, I think 13000 is a done deal.

[dcengr]

Short IWM right here.

I didn't say it was going to rise much, that it will be a small rise, but on grinding up slope. So afterwards, I expect some sort of drop.

We just need 1 more day of capitulation for those that piled on after today's bearish economic news that did nothing to price.

BTW there's a gap at Qs 44.91 that needs to be filled. I'm guessing thats where they're taking it.

Edited by dcengr, 15 February 2007 - 04:05 PM.

[CLK]

Short IWM right here.

I didn't say it was going to rise much, that it will be a small rise, but on grinding up slope. So afterwards, I expect some sort of drop.

We just need 1 more day of capitulation for those that piled on after today's bearish economic news that did nothing to price.

Could very well be, I see a setup for a possible drop first though.

[eminimee]

I added more ES at 1461.50 and starting a new collection of puts...this time April SPX 1450's that got hit on close.

[eminimee]

Sold April 1450 puts bought at 17.85 on close at 19.00. Quick 10 grand for an over night hold.