8 replies to this topic

[NAV]

Last week and this week has been exceptionally good to my account. Rode the move from SPX 1416 all the way to SPX 1448. Shorted at SPX 1445 and rode it into 1436. The streak was broken yesterday, even when my analysis was right. As i noted in my post yesterday, ES 1440-42 should provide good support and then the next move of consequence should be to new recovery highs on SPX. I missed the morning springboard move, wasting my time in an altercation with someone on this board. As soon as i post something bullish, i have to somehow deal with this kind of crap. I felt silly at the end of the day that i was shorting a move, that i should have been buying into. Well, that's what happens when you lose focus. That move to new highs on SPX may have already begun. Now just need to find a spot to get long.... Good luck trading all !

[Rogerdodger]

wasting my time in an altercation with someone on this board.

You would be surprised at the power of ignoring.

[denleo]

Hey NAV, I also think we are moving to new highs and should get there soon, but I also find a number of disturbing indicators, which may get the market in trouble once we get there. But I will worry about it later. For now, a gap down would be nice to get in. Denleo

[arbman]

I think the market will definitely offer a good entry in the next 2 days, the problem is there will be only one long entry and exit opportunity from here, before it trends lower one more time into May. Personally, I dumbly bought some energy and utility stocks and looking to make whatever I can on the way up, I "think" I will be mostly shorting the rally in the indices as soon as they become overbought...

[arbman]

BTW, the silly b/o indicator that I was mentioning shows about 279 b/os tonight, more than peak 210 last Thu. This is definitely huge, especially the indices didn't even recover over the yesterday's highs yet. A lot of indicators are lining up yet for another blow off. It is very low odds for the market to turn straight down from here for next week, but how much upside is left is another discussion, any pullback will be bought... - kisa

[redfoliage2]

BTW, the silly b/o indicator that I was mentioning shows about 279 b/os tonight, more than peak 210 last Thu. This is definitely huge, especially the indices didn't even recover over the yesterday's highs yet. A lot of indicators are lining up yet for another blow off. It is very low odds for the market to turn straight down from here for next week, but how much upside is left is another discussion, any pullback will be bought...

- kisa

Watch out those negative divergences on the indices. CCI, STO, you name it.

[OEXCHAOS]

Last week and this week has been exceptionally good to my account. Rode the move from SPX 1416 all the way to SPX 1448. Shorted at SPX 1445 and rode it into 1436. The streak was broken yesterday, even when my analysis was right. As i noted in my post yesterday, ES 1440-42 should provide good support and then the next move of consequence should be to new recovery highs on SPX.

I missed the morning springboard move, wasting my time in an altercation with someone on this board. As soon as i post something bullish, i have to somehow deal with this kind of crap. I felt silly at the end of the day that i was shorting a move, that i should have been buying into. Well, that's what happens when you lose focus.

That move to new highs on SPX may have already begun. Now just need to find a spot to get long....

Good luck trading all !

How I know about this one.

This one instance, however, is my fault. I'm sorry and I won't let it happen again. I should have realized it sooner and not let you get ruffled. I'll do better in the future.

Best,
Mark

[NAV]

Last week and this week has been exceptionally good to my account. Rode the move from SPX 1416 all the way to SPX 1448. Shorted at SPX 1445 and rode it into 1436. The streak was broken yesterday, even when my analysis was right. As i noted in my post yesterday, ES 1440-42 should provide good support and then the next move of consequence should be to new recovery highs on SPX.

I missed the morning springboard move, wasting my time in an altercation with someone on this board. As soon as i post something bullish, i have to somehow deal with this kind of crap. I felt silly at the end of the day that i was shorting a move, that i should have been buying into. Well, that's what happens when you lose focus.

That move to new highs on SPX may have already begun. Now just need to find a spot to get long....

Good luck trading all !

How I know about this one.

This one instance, however, is my fault. I'm sorry and I won't let it happen again. I should have realized it sooner and not let you get ruffled. I'll do better in the future.

Best,
Mark

Mark,

No problem. I think the admin and the moderators of this board do a fine job. Honestly, thanks for running a great message board.

Edited by NAV, 13 April 2007 - 06:11 AM.

[OEXCHAOS]

Thank you, but I still think I screwed up. I was thinking about the "teaching moment" rather than your focus. I know better. But we'll do better. I just don't want to mess with your flow. It's a joy to watch. And I think others agree. Mark