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VST Market Signal


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#1 redfoliage2

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Posted 12 April 2010 - 11:43 AM

Bearish.

#2 tommyt

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Posted 12 April 2010 - 12:18 PM

Bearish.



The game becoming a ghost town.

#3 zoropb

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Posted 12 April 2010 - 12:21 PM

Bearish.

red no offense but what is your def. of short term?


for future ref.

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#4 andiron

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Posted 12 April 2010 - 12:27 PM

oh.........d...e..j..a..v..u.

#5 redfoliage2

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Posted 12 April 2010 - 12:35 PM

Shorted ES at 1197 and I'm also shorting USO at 41.05 and I'm calling a ST top for crude.

Edited by redfoliage2, 12 April 2010 - 12:36 PM.


#6 zoropb

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Posted 12 April 2010 - 12:39 PM

Shorted ES at 1197 and I'm also shorting USO at 41.05 and I'm calling a ST top for crude.

cool but what is st for this trade. an hour day a price etc..?

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


#7 redfoliage2

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Posted 12 April 2010 - 12:48 PM

Shorted ES at 1197 and I'm also shorting USO at 41.05 and I'm calling a ST top for crude.

cool but what is st for this trade. an hour day a price etc..?

For ES it will be no more than 3 days; but for USO this is a trade for a few weeks.

#8 tommyt

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Posted 12 April 2010 - 01:04 PM

good entry Red...this mkt has had a rinse and repeat cycle for weeks. the ST stuff (6o min and down) gets overbot, flat, another rally to trip stops, down attempt and failure...Part 12 cont'd.

#9 IndexTrader

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Posted 12 April 2010 - 01:43 PM

Shorted ES at 1197 and I'm also shorting USO at 41.05 and I'm calling a ST top for crude.


I gather you shorted this Sunday night?

IT

#10 redfoliage2

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Posted 12 April 2010 - 05:53 PM

Shorted ES at 1197 and I'm also shorting USO at 41.05 and I'm calling a ST top for crude.


I gather you shorted this Sunday night?

IT

Yes, ES shorts were entered Sunday night.

Edited by redfoliage2, 12 April 2010 - 05:58 PM.