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The emporer has no clothes


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#1 hedgehawk

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Posted 28 March 2008 - 07:27 PM

Wut happened to all the ES 1400 predictions? I noticed the ES 1400 predictions increase when we are rallying. :lol: Folks, that was a great week. Nice set ups on all the indexes and even crude as all rolled over when they approached OHR and overbought conditions. These posts worked out just like clockwork.


http://www.traders-t...showtopic=86447

http://www.traders-t...showtopic=86387

http://www.traders-t...showtopic=86245

Looking onto next week, it should get worse before it gets better. SOX and BKX are back to leading us down. NDX broke below its ST uptrend line. SPX is back into its downtrend channel. Perhaps next week getting long at weekly pivots ES S1 1301 and ES S2 1283 might be worth a trade. 1280 to 1350 is a good trading range until we break out in either direction for more than a few hours. Most oscillators are pointing to more downside. Crude is testing its 38.2% retracement on the latest rally, if 38.2% (83.89) on USO does not hold I thinks its going back to 80 for now.


http://stockcharts.com/c-sc/sc?s=$BKX&p=60&yr=0&mn=3&dy=0&i=p71993582898&a=133374548&r=195.png

http://stockcharts.com/c-sc/sc?s=$SOX&p=60&yr=0&mn=3&dy=0&i=p99033072886&a=133374223&r=4520.png

http://stockcharts.c...97098&r=331.png

http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=0&i=p99033072886&a=133358118&r=5337.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=0&i=p45876905036&a=132688997&r=902.png

#2 thespookyone

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Posted 28 March 2008 - 08:43 PM

hedgehawk-Nice work lately. You deserve some props! You are not alone in your beliefs, either.

#3 rigelpug

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Posted 29 March 2008 - 04:03 AM

After looking at the USO chart, I just have to ask, HOW CAN I SHORT OIL IN A RETIREMENT ACCOUNT WHERE I CAN'T SHORT!!! :lol:

#4 TradingUp

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Posted 29 March 2008 - 04:20 AM

After looking at the USO chart, I just have to ask, HOW CAN I SHORT OIL IN A RETIREMENT ACCOUNT WHERE I CAN'T SHORT!!! :lol:

Buy inverse or double inverse ETF's.