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SPX cash next stop 1395


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#1 A-ha

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Posted 22 January 2007 - 03:26 PM

it is on the charts...broken... afternoon drift was a gift to short as it tested and failed the broken bottom line.. .there is nothing underneath till 1395....(which corresponds to spoos=1405 level)

And life is beatiful when you short the top tick of the entire bull market :P

http://www.traders-t...?...c=64067&hl=

Edited by xD&Cox, 22 January 2007 - 03:27 PM.


#2 dcengr

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Posted 22 January 2007 - 03:29 PM

it is on the charts...broken... afternoon drift was a gift to short as it tested and failed the broken bottom line.. .there is nothing underneath till 1395....(which corresponds to spoos=1405 level)

And life is beatiful when you short the top tick of the entire bull market :P

http://www.traders-t...?...c=64067&hl=


Yeah but you didn't put your second nail in!
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#3 A-ha

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Posted 22 January 2007 - 03:32 PM

it is on the charts...broken... afternoon drift was a gift to short as it tested and failed the broken bottom line.. .there is nothing underneath till 1395....(which corresponds to spoos=1405 level)

And life is beatiful when you short the top tick of the entire bull market :P

http://www.traders-t...?...c=64067&hl=


Yeah but you didn't put your second nail in!



who needs to ruin a beauty ... second one may come from the lower levels... perhaps right before the historical day.

#4 dcengr

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Posted 22 January 2007 - 03:38 PM

it is on the charts...broken... afternoon drift was a gift to short as it tested and failed the broken bottom line.. .there is nothing underneath till 1395....(which corresponds to spoos=1405 level)

And life is beatiful when you short the top tick of the entire bull market :P

http://www.traders-t...?...c=64067&hl=


Yeah but you didn't put your second nail in!



who needs to ruin a beauty ... second one may come from the lower levels... perhaps right before the historical day.


If it happens, I wonder if my broadband can keep up.. I plan on recording the chart action with video capture.
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#5 A-ha

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Posted 22 January 2007 - 03:48 PM

i am gonna get a pop corn and watch bubble tv and stay away from the desk as much as possible... the biggest mistake will be watching it and getting tempted to cover, god forbid even buy

Edited by xD&Cox, 22 January 2007 - 03:49 PM.


#6 dcengr

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Posted 22 January 2007 - 04:06 PM

Jury's still out.. at least to me. Guess we find out very soon.

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#7 A-ha

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Posted 22 January 2007 - 04:08 PM

its already gone... best thing that could happen to bulls is a pop to 1426 tomorrow... it would be a lovely shorting opportunity but the market isnt generous like that always.

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Edited by xD&Cox, 22 January 2007 - 04:12 PM.


#8 eminimee

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Posted 22 January 2007 - 04:13 PM

I'll stick to my guns and won't say a top is in until a close under 559 OEX...I do think ndx/compq has topped but will bounce in a wave 2 while OEX & SPX can still make a new high either into the Fed or a few days after.

http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=1&mn=4&dy=0&i=p23595200900&a=87693315&r=4504.png