Edited by NAV, 16 January 2008 - 02:37 PM.
Took some profits
#1
Posted 16 January 2008 - 02:34 PM
#2
Posted 16 January 2008 - 02:57 PM
#3
Posted 16 January 2008 - 03:10 PM
Edited by NAV, 16 January 2008 - 03:11 PM.
#4
Posted 16 January 2008 - 03:10 PM
I might add...take out the high and a good chance we have something more impulsive on our hands...
And...if we do take out the highs....I want at least one "atta boy" on my early morning post in my blog. !!!
http://www.traders-t....php?...0&&st=0
#5
Posted 16 January 2008 - 03:17 PM
that took about 15 min. for the post to go through...
I might add...take out the high and a good chance we have something more impulsive on our hands...
And...if we do take out the highs....I want at least one "atta boy" on my early morning post in my blog. !!!
http://www.traders-t....php?...0&&st=0
Slow would be an understatement for the last few days. I think TT has become too popular. Too many users. Too many page views. Opening a post takes 1-2 minutes sometimes.
Odds are very high we take out 1397.50. So you have my "Atta" in advance.
Edited by NAV, 16 January 2008 - 03:18 PM.
#6
Posted 16 January 2008 - 03:21 PM
a bigger abc up is at 1397.25 fwiw ...if abc of course.
Teaparty
If we go up 5 waves instead of 3, abc, then it confirms we are out of our downtrend and have bottomed, is that correct?
TIA
I follow your posts but still am learning....sorry for the simplistic questions but just confirming what I think you mean.
#7
Posted 16 January 2008 - 03:24 PM
Tea,
I have a hourly swing projection of ES 1420, which should be acheived by tommorow. That is, unless we don't have a failure today.
Got a few things in my head but to simplify...if we make a new high today....1408ish next stop...through there...then 1415...through there then nothing stops it until 1446/47....that's big decision time whether or not we drop to a flush out low or not from there...or slightly higher. No new high today and we are open to another low into late week....with the dreaded delta wash.
Hope this post doesn't take another 15 minutes to show up..
GS...that's Gettingsmarter..not Goldman..
...YES...but it could also be a 5 wave A wave....this is a very tricky bottom...so don't count that out.
#8
Posted 16 January 2008 - 03:45 PM
#9
Posted 16 January 2008 - 03:55 PM
You'll be lucky if they don't make a new low before this post shows up.
IT
Bailed out on the rest half at 1384 for 5 points profit. Tommorow is another day....
Tea,
I am taking the "Atta" back
Edited by NAV, 16 January 2008 - 03:57 PM.
#10
Posted 16 January 2008 - 03:56 PM
You'll be lucky if they don't make a new low before this post shows up.
IT
thanks for the detailed analysis....










