We tried selling off Monday morning -- that didn't work.
We tried selling off this morning -- that also didn't work.
We are not going to try third time in a row.
It doesn't matter what Bernanke says - we will go up.
You don't need anything else for short-term trading. Buy today's close.
Denleo
Keep it simple
Started by
denleo
, Mar 27 2007 02:34 PM
10 replies to this topic
#2
Russ
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Posted 27 March 2007 - 02:55 PM
Market participants also tried to get the spx through the 76.4% fib - gap retracement 3 times and failed.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
Frac_Man
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Hank Wernicki M.A.
Posted 27 March 2007 - 02:56 PM
yes I agree another failed attempt to go up
but then down big time
but then down big time
We tried selling off Monday morning -- that didn't work.
We tried selling off this morning -- that also didn't work.
We are not going to try third time in a row.
It doesn't matter what Bernanke says - we will go up.
You don't need anything else for short-term trading. Buy today's close.
Denleo
#4
ed rader
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Posted 27 March 2007 - 02:59 PM
yes I agree another failed attempt to go up
but then down big time
We tried selling off Monday morning -- that didn't work.
We tried selling off this morning -- that also didn't work.
We are not going to try third time in a row.
It doesn't matter what Bernanke says - we will go up.
You don't need anything else for short-term trading. Buy today's close.
Denleo
FF at its unequivocal finest. i think i'll just watch a bit
.ed rader
#5
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 27 March 2007 - 03:12 PM
mebbe squeeze the shorts into Friday, get 'em to buy back and then after EOM is over take it down. That would punish those pesky short sellers...then they can buy 'em back from the bears on the way down. Start over once more. And take prices higher again. Isn't that how it goes?
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#6
.Blizzard
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Posted 27 March 2007 - 03:15 PM
We tried selling off Monday morning -- that didn't work.
We tried selling off this morning -- that also didn't work.
We are not going to try third time in a row.
It doesn't matter what Bernanke says - we will go up.
You don't need anything else for short-term trading. Buy today's close.
Denleo
I presume your stop loss is one tick below Monday's low, isn't it?
I don't see any more selling. I said that SPX will not see Monday's low again. This was a consolidation. Straight up tomorrow with Bernanke. This is easy money, it doesn't require a lot of thinking.
Denleo
Edited by .Blizzard, 27 March 2007 - 03:16 PM.
#7
SemiBizz
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Volume Dynamics Specialist
Posted 27 March 2007 - 03:31 PM
Somebody better tell this to the builders, they are getting WHACKED in afterhours.
SMH traded under the lows also.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 27 March 2007 - 04:00 PM
No risk?....when the US says...Hey!! Look at my muscles!...always risk. lol
Edited by Teaparty, 27 March 2007 - 04:05 PM.
#9
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 27 March 2007 - 04:15 PM
.....long 35..with stop 32.50...oil is down from a spike high of 66.80 to 64.42. I think the dust settles and it's a short term buying op for ES.
Edited by Teaparty, 27 March 2007 - 04:17 PM.
#10
Rightfield
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Posted 27 March 2007 - 08:08 PM
beautiful avatar tea, but it makes me dizzy everytime i look at it 
RF
RF
