Edited by einscodek, 04 August 2011 - 02:41 PM.
Out covered
Started by
einscodek
, Aug 04 2011 02:38 PM
5 replies to this topic
#1
einscodek
-
- Traders-Talk User
- 382 posts
Member
Posted 04 August 2011 - 02:38 PM
Looking for a decent bounce into 1250
See what u want but I see a terminating diagonal for a 5
#2
fib_1618
-
- Traders-Talk User
- 10,302 posts
Member
Posted 04 August 2011 - 02:48 PM
Got enough panic, eh?See what u want but I see a terminating diagonal for a 5
Don't see the ED...what time period and chart are you looking at?
Fib
Edited by fib_1618, 04 August 2011 - 02:48 PM.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#3
einscodek
-
- Traders-Talk User
- 382 posts
Member
Posted 04 August 2011 - 02:59 PM
Got enough panic, eh?See what u want but I see a terminating diagonal for a 5
Don't see the ED...what time period and chart are you looking at?
Fib
Last two days action SP500
Im out early and almost kicked myself for possibly missing a parabolic move but I am still sticking to ED
Should be a pop tomorrow or I eat my words (wouldnt be the first time I assure you)
#4
fib_1618
-
- Traders-Talk User
- 10,302 posts
Member
Posted 04 August 2011 - 03:24 PM
Nicely done...you'll probably be most pleased with your exit though I don't see the ED.
This from Tuesday's chat:
2011-08-02 17:44:12 [Message] fib_1618 -> Chat: which then opens it up to a higher Fib retracement - 2.618 - one moment
2011-08-02 17:44:41 [Message] fib_1618 -> Chat: 1187 intraday
2011-08-02 17:45:04 [Message] fib_1618 -> Chat: 1219 close
2011-08-02 17:45:46 [Message] fib_1618 -> Chat: looking at the daily chart
2011-08-02 17:46:03 [Message] fib_1618 -> Chat: the last two fit within our first stopping point - the November correction of last year
2011-08-02 17:46:20 [Message] fib_1618 -> Chat: what a week that would be
And what a week it has been.
Fib
This from Tuesday's chat:
2011-08-02 17:44:12 [Message] fib_1618 -> Chat: which then opens it up to a higher Fib retracement - 2.618 - one moment
2011-08-02 17:44:41 [Message] fib_1618 -> Chat: 1187 intraday
2011-08-02 17:45:04 [Message] fib_1618 -> Chat: 1219 close
2011-08-02 17:45:46 [Message] fib_1618 -> Chat: looking at the daily chart
2011-08-02 17:46:03 [Message] fib_1618 -> Chat: the last two fit within our first stopping point - the November correction of last year
2011-08-02 17:46:20 [Message] fib_1618 -> Chat: what a week that would be
And what a week it has been.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#5
einscodek
-
- Traders-Talk User
- 382 posts
Member
Posted 04 August 2011 - 03:34 PM
Nicely done...you'll probably be most pleased with your exit though I don't see the ED.
This from Tuesday's chat:
2011-08-02 17:44:12 [Message] fib_1618 -> Chat: which then opens it up to a higher Fib retracement - 2.618 - one moment
2011-08-02 17:44:41 [Message] fib_1618 -> Chat: 1187 intraday
2011-08-02 17:45:04 [Message] fib_1618 -> Chat: 1219 close
2011-08-02 17:45:46 [Message] fib_1618 -> Chat: looking at the daily chart
2011-08-02 17:46:03 [Message] fib_1618 -> Chat: the last two fit within our first stopping point - the November correction of last year
2011-08-02 17:46:20 [Message] fib_1618 -> Chat: what a week that would be
And what a week it has been.
Fib
VIX gave me what I wanted.. fairly close to target levels.
Stepped back and just do not see any real rationale for going parabolic more than that so..
BOL
Tomorrow sideways action VIX calms down .. we may still hit 1190 intraday very briefly
Monday/Tuesday FED discusses QE3
Edited by einscodek, 04 August 2011 - 03:39 PM.
#6
thespookyone
-
- Traders-Talk User
- 6,043 posts
Member
Posted 04 August 2011 - 04:17 PM
Nicely done...you'll probably be most pleased with your exit though I don't see the ED.
This from Tuesday's chat:
2011-08-02 17:44:12 [Message] fib_1618 -> Chat: which then opens it up to a higher Fib retracement - 2.618 - one moment
2011-08-02 17:44:41 [Message] fib_1618 -> Chat: 1187 intraday
2011-08-02 17:45:04 [Message] fib_1618 -> Chat: 1219 close
2011-08-02 17:45:46 [Message] fib_1618 -> Chat: looking at the daily chart
2011-08-02 17:46:03 [Message] fib_1618 -> Chat: the last two fit within our first stopping point - the November correction of last year
2011-08-02 17:46:20 [Message] fib_1618 -> Chat: what a week that would be
And what a week it has been.
Fib
Man, you'd think anyone at that chat Tuesday woulda just killed this thing since.
