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#1 zoropb

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Posted 29 July 2009 - 09:18 PM

978.25 area I thought would come in from post this afternoon may dump it and short it again during the night one more time. did a couple since after hours but smaller. Z

Edited by zoropb, 29 July 2009 - 09:20 PM.

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#2 dcengr

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Posted 29 July 2009 - 09:43 PM

If that's a fakeout, then I can see it as an a-b-c up move to end a 2. If not, then we about to do the 5th after a 4th.. I'm glad that EW is not ambiguous :lol:
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#3 zoropb

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Posted 29 July 2009 - 10:11 PM

If that's a fakeout, then I can see it as an a-b-c up move to end a 2.

If not, then we about to do the 5th after a 4th..

I'm glad that EW is not ambiguous :lol:

Not the only tool in the box D

we need to close @ or under 977 in the next 2.45 hours :D

Z

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#4 zoropb

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Posted 30 July 2009 - 01:27 AM

If that's a fakeout, then I can see it as an a-b-c up move to end a 2.

If not, then we about to do the 5th after a 4th..

I'm glad that EW is not ambiguous :lol:

Not the only tool in the box D

we need to close @ or under 977 in the next 2.45 hours :D

Z


position 2 here 982 and will unload this in an hour likely not crazy about this pop.

Z

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#5 dcengr

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Posted 30 July 2009 - 01:35 AM

I think it may have topped here for the night... same pattern as before.. up on asia, down on europe.
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#6 zoropb

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Posted 30 July 2009 - 01:43 AM

I think it may have topped here for the night... same pattern as before.. up on asia, down on europe.

50/50 still can go either way will have better grip in a little while

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#7 zoropb

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Posted 30 July 2009 - 01:59 AM

Dollar may or may not make it to the 79.20's I mentioned in the day but it is close at 79.315 Sept. If it is bottom or a few more ticks to the 20s then es is toast into tomorrow. I went long it now if it gets to the 20's 2nd part goes in Z

Edited by zoropb, 30 July 2009 - 02:02 AM.

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#8 dcengr

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Posted 30 July 2009 - 02:14 AM

what i suspect is going on is that folks are dumping on asia as it hits speculative fever.. its a bubble feeding itself, so folks are selling to those guys. as soon as asia ramps, they sell.. at some point asia is gonna run out of $ and then it will pull everything down.. but not sure when that happens. based on volatility in ssec, can't be too far off.
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#9 zoropb

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Posted 30 July 2009 - 02:17 AM

dumped half at 977.75 lets see what happens.

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#10 zoropb

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Posted 30 July 2009 - 02:19 AM

what i suspect is going on is that folks are dumping on asia as it hits speculative fever.. its a bubble feeding itself, so folks are selling to those guys.

as soon as asia ramps, they sell.. at some point asia is gonna run out of $ and then it will pull everything down.. but not sure when that happens.

based on volatility in ssec, can't be too far off.

They been leading since 08 on this bounce so they may lead the correction.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.