monster mkt move close?
Started by
tommyt
, Apr 29 2008 02:34 PM
2 replies to this topic
#1
tommyt
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Posted 29 April 2008 - 02:34 PM
The mkt is building energy for a big move starting tomorrow...I have bot some straddles on indices for this move. I am now 50/50 on which way, I couldn't tell ya. Gun to head I'd say gap up on fed news , then meaningful pullback. Commodities, are in a nasty correction and I am holding short oil and gold stuff:
#2
AChartist
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Tim
Posted 29 April 2008 - 02:36 PM
I think when the leverage is pulled back in commodities it goes to tech, and that Bernanke
has a dollar commodity plan to back up what he does next.
has a dollar commodity plan to back up what he does next.
The mkt is building energy for a big move starting tomorrow...I have bot some straddles on indices for this move. I am now 50/50 on which way, I couldn't tell ya. Gun to head I'd say gap up on fed news , then meaningful pullback. Commodities, are in a nasty correction and I am holding short oil and gold stuff:
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#3
dasein
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Posted 29 April 2008 - 08:38 PM
i think we wil see a jump up in the euro and the indices, this down move today is just the setup we needed.
OTOH the ISEE index puts were bearish, so who knows.
there are a lot of good individual setups, we should get a dip in energies and a push up from lagers, that is the oy way i see this going up.
klh
best,
klh
klh
