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#1 punter

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Posted 14 July 2010 - 07:16 PM

We have the set-up for one. Most likely because of OPEX. Shorts be careful. This will be a major push upwards. Will post position later. cheers :bull:

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#2 TradingUp

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Posted 14 July 2010 - 07:28 PM

Are you saying you think that OPEX will cause an extended rise in the market over time? I hadn't heard that reasoning before. Could you explain?

#3 andiron

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Posted 14 July 2010 - 07:39 PM

opex related activity is most likely over..could be pinned around 1090-1100 level before sees a pull back next wk

#4 punter

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Posted 14 July 2010 - 07:51 PM

opex related activity is most likely over..could be pinned around 1090-1100 level before sees a pull back next wk



Andiron, TradingUp

I think we will have a fair chance to see a move about 200 days MA.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#5 MikeyG

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Posted 14 July 2010 - 08:09 PM

Watch out below, a plethora of indicators telling me next move is lower...

Christus vincit! Christus regnat! Christus imperat!

 

#6 TradingUp

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Posted 14 July 2010 - 09:09 PM

opex related activity is most likely over..could be pinned around 1090-1100 level before sees a pull back next wk



Andiron, TradingUp

I think we will have a fair chance to see a move about 200 days MA.

Interesting poing but it doesn't answer my question about your first comment in this thread: namely (if I understand correctly) that OPEX will cause a moonshot (extended) rally in the market. Could you address that, please? The part about OPEX causing an extended rally in the market.

#7 mogreen

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Posted 14 July 2010 - 09:33 PM

opex related activity is most likely over..could be pinned around 1090-1100 level before sees a pull back next wk



Andiron, TradingUp

I think we will have a fair chance to see a move about 200 days MA.

Interesting poing but it doesn't answer my question about your first comment in this thread: namely (if I understand correctly) that OPEX will cause a moonshot (extended) rally in the market. Could you address that, please? The part about OPEX causing an extended rally in the market.



Its called "I'm long and I WISH this market would go higher "cause I don't want to lose all my money"

We have seen a move "about" the 200day!

We have a FAIR chance to go UP,DOWN or SIDEWAYS...Traders-talkNow there's an {bleeeep}-tute FF

Regarding the Mkt....AA,CSX,INTC earnings all very good and these are trading down. Intc opened up a bucktwenty or so and closed on its low just up 35cents.
$SOX reversed and Kramer loves em.....Many are confident that we have seen the lows for the year,Kramer,Kass,etc.
Plenty to worry about here after two weeks of rally...FOMC min was shockingly bad.
And many here at Trader-Talk while short term correction, believe then with T Laundry at 1160 late AUG.
Suppose we stay between 1045 and 1106 only or worse yet while no one expects it we break 1000 and down to 920-950 area.
Just food for thought.

#8 mogreen

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Posted 14 July 2010 - 09:37 PM

I'll need my $NYA to trade above its 200e and $NASI to trade above its 20e to change my opinion. TradeSaferly

#9 punter

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Posted 14 July 2010 - 10:33 PM

I'll need my $NYA to trade above its 200e and $NASI to trade above its 20e to change my opinion.

TradeSaferly



Thanks. I just entered Long hang seng @ around 20,500.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#10 porsche911sg

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Posted 15 July 2010 - 02:59 AM

I'll need my $NYA to trade above its 200e and $NASI to trade above its 20e to change my opinion.

TradeSaferly



Thanks. I just entered Long hang seng @ around 20,500.

Enjoy your trade smarty... its now at 20,231.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!