7 replies to this topic

[denleo]

I started shorting last night and continued all day today. Now fully short. Average 1406 on SPX cash index. This is intermediate-term position. No target yet and no stop yet. Denleo

[eminimee]

We should break down any moment now......Europe sold off big into close......may see 1413 ES one more time. But that's short term stuff....you are well positioned me thinks.

Edited by Teaparty, 28 February 2007 - 02:22 PM.

[CLK]

I'm puzzled as to why the US market is bucking the whole rest of the world.

[bliss just missed]

We should break down any moment now......Europe sold off big into close......may see 1413 ES one more time. But that's short term stuff....you are well positioned me thinks.

Flight to quality perhaps...rotation out of emerging markets into US stocks/bonds

[tommyt]

denleo you have been trading this thing well...nicely done.

[jawndissedi]

This is intermediate-term position. No target yet and no stop yet.

Denleo

200 DMA?

[eminimee]

A close under 1412.50 ES gives us a key monthly reversal....and would obviously end February with ES in the red for the year. Don't forget that yesterday we left an island behind too.

Edited by Teaparty, 28 February 2007 - 02:46 PM.

[OEXCHAOS]

Here's an atta for Dennis, too. I've been watching and I've been impressed. You and D&Co, with two VERY different styles have both torn the cover off the ball here. Mark