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Short SPX 1269


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#1 eVegas

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Posted 26 August 2008 - 12:18 PM

All timeframes on sell. NDX is going to break the lows any minute. Cheers.

#2 eminimee

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Posted 26 August 2008 - 12:42 PM

NDX may be looking for another low before moving up in a hurry.....but I'm sure you have your stop at an appropriate spot. Just a heads up.... ....You'll be fine if ndx can't hold 1875 other than a quick peek

Edited by Teaparty, 26 August 2008 - 12:42 PM.


#3 eminimee

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Posted 26 August 2008 - 12:44 PM

http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=10&dy=21&i=p51989733665&a=89602802&r=4701.png

#4 eVegas

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Posted 26 August 2008 - 12:55 PM

Thank you Teaparty. I very much appreciate your point of view. I am also watching the VIX daily here. Thank you to Rogerdoger for this chart I believe. Looks like it wants to breakout.

Attached Thumbnails

  • sceVEgasVIXdaily.png


#5 CHAx

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Posted 26 August 2008 - 01:05 PM

XLF broke intraday lows. Time to resolve market direction. Nothing in da bag yet

#6 eVegas

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Posted 26 August 2008 - 01:31 PM

I agree Chax. Too much chop.

Taking 1/2 off 1264. I Will take the other 1/2 in a heartbeat and look for a long setup. (I trade on VST timeframes)

The major trend is down.

Cheers.


XLF broke intraday lows. Time to resolve market direction. Nothing in da bag yet



#7 eminimee

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Posted 26 August 2008 - 01:37 PM

...and it's "Ruby Tuesday"

#8 TMN

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Posted 26 August 2008 - 03:19 PM

...and it's "Ruby Tuesday"



nice one tea!