Edited by selecto, 04 July 2009 - 11:06 AM.
SPX
Started by
selecto
, Jul 04 2009 11:04 AM
5 replies to this topic
#1
selecto
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Posted 04 July 2009 - 11:04 AM
Not saying the bear doesn't give some back in here, but this is a grab of one of my daily screens, with notes:
#2
zman
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Posted 04 July 2009 - 11:56 AM
Not saying the bear doesn't give some back in here, but this is a grab of one of my daily screens, with notes:
Yep I agree...nice pic
Education is the best defense against the media.
#3
Rich
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#4
goldswinger
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Posted 04 July 2009 - 12:35 PM
I agree 100% with the caveat that we will get a bounce early next week, most likely Monday that will provide a great opportunity to start fresh shorts or add to existing poitions.......
OIL should bounce up as well on Monday prior to its next plunge....It kind of ended a bit bullish late last Friday.
Goldswinger.
#5
rotrot
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Posted 04 July 2009 - 03:44 PM
...the momentum is to the down side...good luck if you are playing the long side...
#6
goldswinger
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Posted 04 July 2009 - 04:15 PM
Rotrot, when I said bounce for OIL and the OIL sector I meant 8 to 12 trading hours and it is probably tradeable VST if you got in late last Friday(It had a clear VST buy signal). But the emphais is on repositioning a short when the bounce rolls over again.....
GS.
