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Crash setup


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#1 NAV

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Posted 29 September 2008 - 09:13 AM

If and only if they can break SPX 1150 today. Long SPX options around the 1165 area with a 15 point stop. If they can't break 1150 , a serious melt-up is in cards today. If they crack 1150, i will dump my calls at market in nanoseconds.

Edited by NAV, 29 September 2008 - 09:18 AM.

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#2 isaac613

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Posted 29 September 2008 - 09:15 AM

Really, Vison looking pretty good now huh. Crash is coming.

#3 SemiBizz

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Posted 29 September 2008 - 09:16 AM

Volume says we should get a bounce here on the hourly test of 1166... Commodities are flashing an ugly deflationary depression is ahead of us...

Edited by SemiBizz, 29 September 2008 - 09:17 AM.

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#4 humble1

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Posted 29 September 2008 - 09:17 AM

isaac: taunting NAV is way out of bounds, imho. he is open and presents good arguments and has a long record.

Edited by humble1, 29 September 2008 - 09:20 AM.


#5 NAV

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Posted 29 September 2008 - 09:21 AM

Really, Vison looking pretty good now huh. Crash is coming.


Dude, your vision was so scarily right. I am asking again - was it speed or ecstasy ? :lol:

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#6 OEXCHAOS

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Posted 29 September 2008 - 09:24 AM

Not only that but his day trading is unsurpassed. And he shares a TON of it here, real time. Without the arrogance such skill often breeds, too. Mark

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#7 NAV

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Posted 29 September 2008 - 09:26 AM

Oops, i used the wrong word "CRASH". Should have said, "Waterfall". In TA, when something that should happen does not happen, look out the other way. ;)

Edited by NAV, 29 September 2008 - 09:26 AM.

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#8 isaac613

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Posted 29 September 2008 - 09:31 AM

I don't use drugs and I like nav as a trader but I don't like to be told that I am on something because I share my thoughts.

#9 OEXCHAOS

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Posted 29 September 2008 - 09:34 AM

OK, fair enough. Let's play nice. There's plenty to worry about here. Mark

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#10 NAV

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Posted 29 September 2008 - 09:37 AM

I don't use drugs and I like nav as a trader but I don't like to be told that I am on something because I share my thoughts.


isaac,

You didn't get my silly humor. Never mind. I apologize if that hurt you.

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