hard stop 863
long es 868
Started by
TheArchitect
, Oct 24 2008 12:42 PM
8 replies to this topic
#2
SilentOne
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Posted 24 October 2008 - 12:48 PM
hard stop 863
Can I ask why?
cheers,
john
BTW, GE broke support at ~ 18.25 and has not recovered. Measured move to 15 to least.
http://bigcharts.marketwatch.com/charts/big.chart?symb=$spx&compidx=aaaaa:0&ma=4&maval=20,50,233&uf=8&lf=1&lf2=4&lf3=32&type=4&size=4&state=11&sid=3377&style=330&time=7&freq=1&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=3238&mocktick=1.gif
Edited by SilentOne, 24 October 2008 - 12:50 PM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
TheArchitect
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Posted 24 October 2008 - 12:52 PM
back in 862... stop 853
#4
TheArchitect
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Posted 24 October 2008 - 12:55 PM
hard stop 863
Can I ask why?
cheers,
john
BTW, GE broke support at ~ 18.25 and has not recovered. Measured move to 15 to least.
looking like the bids are outnumbering the asks... so sumbodys accumulating. 350x4... 109x6... so on
#5
mogreen
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Posted 24 October 2008 - 01:26 PM
ART CASHIN is now the lead GURU on this market 'cause of CNBS worldwide reach. He told everybody that Monday is the Lunar Low for the MKT. We pealed off 200 pts to -440 area. We might have made the lows NOW? Can't be this easy when they ring a bell on Wall St. He'll be the HOOK that misleads the masses! Be very carefull. I'm flat.
Since this morning he's been saying that we'll have a MONSTER of a rally after this crash. I now DON't think he'll be right!
Edited by mogreen, 24 October 2008 - 01:33 PM.
#7
TheArchitect
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Posted 24 October 2008 - 01:43 PM
ART CASHIN is now the lead GURU on this market 'cause of CNBS worldwide reach. He told everybody that Monday is the Lunar Low for the MKT. We pealed off 200 pts to -440 area. We might have made the lows NOW? Can't be this easy when they ring a bell on Wall St. He'll be the HOOK that misleads the masses! Be very carefull. I'm flat.
Since this morning he's been saying that we'll have a MONSTER of a rally after this crash. I now DON't think he'll be right!
i don't know Mo... all the markets are moving the same it seems... i'm short nov calls cotton, corn, gold and es... and i don't think they'll be worth anything in a few weeks... but we are gonna have to rally sometime.
#8
mogreen
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Posted 24 October 2008 - 01:58 PM
ART CASHIN is now the lead GURU on this market 'cause of CNBS worldwide reach. He told everybody that Monday is the Lunar Low for the MKT. We pealed off 200 pts to -440 area. We might have made the lows NOW? Can't be this easy when they ring a bell on Wall St. He'll be the HOOK that misleads the masses! Be very carefull. I'm flat.
Since this morning he's been saying that we'll have a MONSTER of a rally after this crash. I now DON't think he'll be right!
i don't know Mo... all the markets are moving the same it seems... i'm short nov calls cotton, corn, gold and es... and i don't think they'll be worth anything in a few weeks... but we are gonna have to rally sometime.
Being short the premium is the right position.
#9
TheArchitect
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Posted 24 October 2008 - 02:04 PM
ART CASHIN is now the lead GURU on this market 'cause of CNBS worldwide reach. He told everybody that Monday is the Lunar Low for the MKT. We pealed off 200 pts to -440 area. We might have made the lows NOW? Can't be this easy when they ring a bell on Wall St. He'll be the HOOK that misleads the masses! Be very carefull. I'm flat.
Since this morning he's been saying that we'll have a MONSTER of a rally after this crash. I now DON't think he'll be right!
i don't know Mo... all the markets are moving the same it seems... i'm short nov calls cotton, corn, gold and es... and i don't think they'll be worth anything in a few weeks... but we are gonna have to rally sometime.
Being short the premium is the right position.
there they go Mo... taking out the days high w/ volume. close it out above 900? if so i bet it gaps down monday. then we could start looking for the rally... i think.
