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800 held, Time to buy


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#1 denleo

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Posted 12 February 2009 - 03:19 PM

Bought 1/2 position in NASDAQ futures at 1216. I will add on weakness or on tomorrow's strength. Bears are done. Denleo

#2 tommyt

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Posted 12 February 2009 - 03:26 PM

[quote name='denleo' date='Feb 12 2009, 12:19 PM' post='433516']
Bought 1/2 position in NASDAQ futures at 1216. I will add on weakness or on tomorrow's strength.

Bears are done.

Denleo


I am also in SPY 81.90...huge bull divergences building all over the ST stuff.

#3 10Shekel

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Posted 12 February 2009 - 03:50 PM

Nice call D! I must say it caught me off guard. I guess it is 2 days before the market Holiday. Goldman must of been selling those puts?

#4 tommyt

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Posted 12 February 2009 - 03:58 PM

Nice call D! I must say it caught me off guard. I guess it is 2 days before the market Holiday. Goldman must of been selling those puts?



stay long, raise stop..wicked pop on stimulus possible..then tank.

#5 10Shekel

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Posted 12 February 2009 - 04:11 PM

i squeezed a fill for a small risky QQQQ bet @ 30.36...we'll see in the morn...looks like some kind of momentum pattern

#6 zigzag

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Posted 12 February 2009 - 09:02 PM

Bears are done.

Denleo


This game has been uncallable for a while now. No body has won yet except for the traders. If this dribbles around tomorrow then I'll take the other side of your trade on tuesday if it gaps up.

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