SPX - VXO
#1
Posted 07 August 2007 - 01:53 PM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Posted 07 August 2007 - 02:35 PM
#3
Posted 07 August 2007 - 03:39 PM
#4
Posted 07 August 2007 - 04:21 PM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#5
Posted 08 August 2007 - 04:25 PM
This does not look good for tomorrow. TWT, but consolidation is very likely and another 20 point day is not suggested..............unless it's down.
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#6
Posted 09 August 2007 - 03:10 AM
This does not look good for tomorrow. TWT, but consolidation is very likely and another 20 point day is not suggested..............unless it's down.
I certainly don't think it is wise to chase longs here. The question is do you buy the pullback or watch and wait to see if another big leg down is coming? We should mark a little time here and consolidate/successfully retest the lows if another big leg down is to be avoided. And that is pretty much what I expect from here. We'll see.
I like those charts. How do you find the time? I've got young kids off on school break and I have very little time right now to follow the markets.
cheers,
john
Edited by SilentOne, 09 August 2007 - 03:11 AM.
#7
Posted 09 August 2007 - 07:14 AM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#8
Posted 15 August 2007 - 12:17 PM
#9
Posted 15 August 2007 - 02:54 PM
#10
Posted 15 August 2007 - 04:46 PM
So, are you saying, "We're not there yet, but we're getting into position where we may be close?"
Mark
I'm saying that 1420+/- should/might hold. If it does not then 1375/85 next level of holding.
Yes we will get more bounces as we are in a choppy decline of some sort, not yet defined, time wise nor depth wise.
mss
The sad part, I did not really believe my own post. I was sure 1420ish would hold so I bought some stuff, back in cash, bought, back in cash.
Well after today 1355/60 is starting to look in play, and I'm paying attetion this time.
374
mss
Edited by mss, 15 August 2007 - 04:47 PM.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!