7 replies to this topic

[Rocketman]

Times: 9.50-55***, 11.50-12.05** and 12.55 pm

Price: 1427, 1446.50 June SP

There's a Gap at 1433.80 June SP that is begging to be filled, ideally no later than Monday 4/16 Cycle Lows.

General Bias: Decline into 4/16 @ 11 am, but tomorrow 4/12, we should have a reversal rally that should last into the next day Friday 4/13, before it reverses back down into Monday's Lows 4/16.

Current bias is the intraday Low should occur ideally in the first hour or at the 11.50-12.05 CIT Cluster, ie Noon Low and sharp reversal afterwards.

Bears beware of the potential reversal tomorrow.

All Pure Speculation ofcourse and OCICBW.


Ian

[.Blizzard]

Rally? ....You mean up 3/4 point on close?

Edited by .Blizzard, 12 April 2007 - 08:01 AM.

[GOOSE2]

Good to see The Rocketman back! Love the intraday turns. FWIW.........1443.50 is thenumber today. Bullish above, bearish below.

[johngeorge]

Good to see you back posting, Rocketman. Hope you plan to continue here for another while. Thanks for the reversal update. Best to you.

[Rocketman]

Thanks all, Goose good to see ya.

You can usually find me at my yahoo group (It's free) as I don't always find time to post elsewhere.

http://finance.group.../TimeandCycles/

Sofar the 9.50 CIT came ontime and we reversed nicely from it:

http://ichart.financ...o.com/b?s=^GSPC

The Noon CIT is still out there.


Ian

[GOOSE2]

Out for +8.75 pts on the ES That 12:05 "might" be a high, so I'll take my money and run Rocket you are da man. I would love to see you post your intraday stuff everyday like you used to.

[Rocketman]

Out for +8.75 pts on the ES


That 12:05 "might" be a high, so I'll take my money and run



Rocket you are da man. I would love to see you post your intraday stuff everyday like you used to.

Good for you. Posting intraday CITs might stimulate the gambler's instinct in some and I don't want to be responsible for something that can go terribly wrong. Intraday trading is only suitable for a select few imho.

[GOOSE2]

This is true. However, with 8 yrs of exp under my belt trading the ES. I think I can handle it. Feel free to send me the times via PM or if you want an e-mail thats cool too. I'll fly over the NC and take you out for a nice dinner some time.