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#1 dcengr

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Posted 20 May 2010 - 02:47 PM

buying futures here mother have mercy Ben get on that helicopter and take us to 1090 before the close!

Edited by dcengr, 20 May 2010 - 02:49 PM.

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#2 MikeyG

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Posted 20 May 2010 - 02:51 PM

Markets acting a bit undecisive here... Maybe signs of a relief rally...

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#3 dcengr

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Posted 20 May 2010 - 02:58 PM

nope, bad call..
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#4 MikeyG

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Posted 20 May 2010 - 03:08 PM

The euro did not confirm the action the SPX today... Interesting divergence...

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#5 TechMan

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Posted 20 May 2010 - 03:57 PM

buying futures here

mother have mercy

Ben get on that helicopter and take us to 1090 before the close!


Not really a bad call... It should work out tomorrow. I'd rather wait till the Forex market stabilized.

Edited by TechMan, 20 May 2010 - 04:00 PM.


#6 andiron

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Posted 20 May 2010 - 04:14 PM

techman, do not understand why minimize currency related trading as carry trade is known to be huge trigger..it is fundamentally technical..

#7 nimblebear

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Posted 20 May 2010 - 04:35 PM

ben ran out of ink. for today that is.
OTIS.

#8 TechMan

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Posted 20 May 2010 - 04:40 PM

techman, do not understand why minimize currency related trading as carry trade is known to be huge trigger..it is fundamentally technical..


andiron - Not sure I understand what you're saying about "minimize currency related trading." How do you "minimize" that? But, if you meant the decline of EUR/YEN, it's the diminishing liquidity.

#9 dcengr

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Posted 20 May 2010 - 06:02 PM

FYI I was stopped out.. this is looking like an a-b-c, with potential targets of 1020 ish. Still holding calls, but thats a fraction of my account. May get a blast off tomorrow or 40 spx point drop..
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#10 nicolasillo

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Posted 20 May 2010 - 06:05 PM

The euro did not confirm the action the SPX today...

Interesting divergence...




eermmmm like the euro was going down since late November early December with SPX going higher up until end of April?

Edited by nicolasillo, 20 May 2010 - 06:06 PM.