9 replies to this topic

[NAV]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it. Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

Edited by NAV, 03 April 2007 - 10:19 AM.

[denleo]

Nice trade. I am levered long and see no reason to sell whatsoever. I don't think we will get pull backs more than 5 S&P points. Denleo

[jjc]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it.

Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

nice trade! I'm looking for a third push up this side of noon abouve 1448. I don't know that I'll get it.

[NAV]

Nice trade. I am levered long and see no reason to sell whatsoever. I don't think we will get pull backs more than 5 S&P points.

Denleo

Thanks Denleo. Yes, 5-8 point pullback on SPX is what i am talking about. But that could come from higher levels.

[vitaminm]

sds

http://finance.yahoo...PC ss...0&a=&c=

[NAV]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it.

Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

nice trade! I'm looking for a third push up this side of noon abouve 1448. I don't know that I'll get it.

I doubt that ES 1450 will be taken out before the post-lunch session (2 PM EST). That one more assault you are talking about should come after 2 PM ( me thinks ). Good luck. I am stepping out to take some fresh air.

[jjc]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it.

Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

nice trade! I'm looking for a third push up this side of noon abouve 1448. I don't know that I'll get it.

I doubt that ES 1450 will be taken out before the post-lunch session (2 PM EST). That one more assault you are talking about should come after 2 PM ( me thinks ). Good luck. I am stepping out to take some fresh air.

There is this "surge into lunch" I follow. If we don't get it, it will tell me something about this afternoons trade.

[NAV]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it.

Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

nice trade! I'm looking for a third push up this side of noon abouve 1448. I don't know that I'll get it.

I doubt that ES 1450 will be taken out before the post-lunch session (2 PM EST). That one more assault you are talking about should come after 2 PM ( me thinks ). Good luck. I am stepping out to take some fresh air.

There is this "surge into lunch" I follow. If we don't get it, it will tell me something about this afternoons trade.

When you say surge, just how many points are you approximately looking for, from here (ES 1447)?

[jjc]

On the rest of my SSO position from SPX 1416 (SSO 84.5) right here around SPX 1437.5 (SSO 87.22). Rode this baby for nearly 22 SPX points. 3.2% profits in 2 trading days - i will take it.

Just to be clear, i think this move is far from over. I still expect this move to carry us into the SPX 1455-1460 area, but not without pullbacks on the hourly charts. Today has a high potential of closing near the top tick of the day, based on the strong intraday breadth. Will buy again on any decent pullback.

nice trade! I'm looking for a third push up this side of noon abouve 1448. I don't know that I'll get it.

I doubt that ES 1450 will be taken out before the post-lunch session (2 PM EST). That one more assault you are talking about should come after 2 PM ( me thinks ). Good luck. I am stepping out to take some fresh air.

There is this "surge into lunch" I follow. If we don't get it, it will tell me something about this afternoons trade.

When you say surge, just how many points are you approximately looking for, from here (ES 1447)?

That was it, not very strong(mildly bullish). I took partials at 1448; Rus didn't respond much at all. When I have time I'll explain.


explain

[NAV]

It appears that we may likely pullback into the dynamic support on the ES around 1440-41 area by Wed morning, before the resumption of the uptrend.