SPX should be up monday... but 850 is once again
Started by
TheArchitect
, Jan 30 2009 08:10 PM
5 replies to this topic
#1
Posted 30 January 2009 - 08:10 PM
strong resistance... it's a gray area between SPX cash & ES futures... but +/- 850's the front line...
i've started myself a blog/trading log, mainly so i can post my charts, chart my thought process, and not clutter this site w/ more charts that everybody watches as it is.
#2
Posted 30 January 2009 - 08:16 PM
i hope you will still post your charts, with abstracts, right here.
(so many blogs; so little time.)
Edited by humble1, 30 January 2009 - 08:16 PM.
#3
Posted 30 January 2009 - 09:39 PM
welcome to blogging. I find it a great way to keep my thoughts in order. If others want to read it, too, great. Good luck with your blogging, but even more good luck with your trading.
mm
#4
Posted 30 January 2009 - 10:56 PM
welcome to blogging. I find it a great way to keep my thoughts in order. If others want to read it, too, great. Good luck with your blogging, but even more good luck with your trading.
mm
thanks guys.
#5
Posted 31 January 2009 - 03:10 AM
I don't know if monday will be up or down but they were buying SSO and selling SDS at the close today. In this crazy market I have a hard enough time trying to figure out where it is heading in the next 10 minutes so I never hold a trade overnight.
Good luck with your trade
Don"t worry, BE HAPPY!
#6
Posted 31 January 2009 - 09:36 AM
I will be shorting any rallies that come between now and when we move to 800 or below again
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months










