45 replies to this topic

[eminimee]

ES may want a little throwover above 1001

1001.78 Nice.

I was talking ES...there are still stops to be taken out at 1003 spx ...

[MoneyFriend]

ES may want a little throwover above 1001

How did you managed to get this one right?... I had to watch the movement?

We have already seen the HOD, whatever it was. The question is how low it will crap out today?

970. I think 940 in 1 week from now.

Then sideways to down, until we hit 920 by 8/18. Then we get another amazing run up this time to 1050.

If you look at how Nasdaq 100 recovered in 2003-2004 there was an amazing back and forth, plus 10% down 5% on and on about 12 or so cycles like that as it kept creeping higher. I see NDX as very spent up here and am expecting a similar style for this new bull.

Edited by MoneyFriend, 03 August 2009 - 10:17 AM.

[redfoliage2]

ES may want a little throwover above 1001

How did you managed to get this one right?... I had to watch the movement?

We have already seen the HOD, whatever it was. The question is how low it will crap out today?

970. I think 940 in 1 week from now.

Then sideways to down, until we hit 920 by 8/18. Then we get another amazing run up this time to 1050.

If you look at how Nasdaq 100 recovered in 2003-2004 there was an amazing back and forth, plus 10% down 5% on and on about 12 or so cycles like that as it kept creeping higher. I see NDX as very spent up here and am expecting a similar style for this new bull.

I have 980's though. Today is a special day for shorts like taking candy from a child. BTW: I covered 50% at 993, but will short more if it gets higher.

Edited by redfoliage2, 03 August 2009 - 10:35 AM.

[CHAx]

USD ready for atleast a small pop... IF it turns into a reversal, watchout, its going to be even nastier on the upside than it was on the downside the last 3 days.

[MoneyFriend]

This is quite the selling tail, 5 points long, that's a big deal in this low vix era.

[redfoliage2]

Shorted again at 996.5

[eminimee]

Shorted again at 996.5

that's your third add to short now?...average 996ish?..sorry..that should be "second" add to original short?

Ps..never mind...I just saw you covered 50% at 993...so that must mean you added that 50% back on at 996.50

Edited by eminimee, 03 August 2009 - 11:23 AM.

[redfoliage2]

Shorted again at 996.5

that's your third add to short now?...average 996ish?..sorry..that should be "second" add to original short?

Ps..never mind...I just saw you covered 50% at 993...so that must mean you added that 50% back on at 996.50

that's right.

[redfoliage2]

Shorted again at 996.5

that's your third add to short now?...average 996ish?..sorry..that should be "second" add to original short?

Ps..never mind...I just saw you covered 50% at 993...so that must mean you added that 50% back on at 996.50

that's right.

Covered 50% at 993.5 and looking for more shorts.

Edited by redfoliage2, 03 August 2009 - 11:43 AM.

[redfoliage2]

Shorted again at 996.5

that's your third add to short now?...average 996ish?..sorry..that should be "second" add to original short?

Ps..never mind...I just saw you covered 50% at 993...so that must mean you added that 50% back on at 996.50

that's right.

Covered 50% at 993.5 and looking for more shorts.

Enter shorts again at 996.25