3 replies to this topic

[NAV]

Closed half my DJX calls from Thursday at 1.5. Don't like today morning action.

Entry

Edited by NAV, 09 April 2007 - 08:49 AM.

[Trend-Signals]

Closed half my DJX calls from Thursday at 1.5. Don't like today morning action.

Entry

so far so good........ with gap fade....



http://www.investors...age_id=18572075

Posted by: __1Best__
In reply to: Jamestown who wrote msg# 131
Date:4/8/2007 7:15:55 PM
Post #of 147

SOX PF signal is showing on the $SOX/SMH TL as posted, thanks.
The charts which I posted, I will link the charts to my web page and on the board front page, so that you can also check since you know my comment style.

Futures are certainly positive at the moment, +4 / +7.75. Will see whether it will hold until market open tomorrow morning, but I am sure that traders will be ready to fade "Gap-up". The potential Gap-up will likely be at the resistance TL shown on the 60m charts, Qs & SPX.

http://www.investors...age_id=18543359

My comment on Friday morning after the Job number is in effect.

60m price actions show negative D. but please refer to my comment above.

[arbman]

If SPX continues at this pace of gains, it would gain about 70-80% annually. Now if it doesn't take a good breather here and goes another 20 points higher, it is clearly a left translated 20wk cycle that managed to suck (almost) every bull out there while killing (almost) every bear out there.

[NAV]

Closed half my DJX calls from Thursday at 1.5. Don't like today morning action.

Entry

Taking profits on the rest half at 1.4. Market looks tired.