4 replies to this topic

[NAV]

But the market was clearly wrong here. It failed to complete it's corrective mission

Look at the recent swing low on the 120-min. Before my Full Stoch could get oversold, the OPEX machinations pushed the markets up. This is the second OPEX in my recent memory, when i got caught on a huge gap-up while i was short. The last one i got caught, a couple of months back had precisely the same signature. Don't think it's a mere coincidence.

[denleo]

What are your thoughts right now? I was thinking that a pull back is due (about 20 S&P points), but I am scared to play it. Denleo

[NAV]

What are your thoughts right now? I was thinking that a pull back is due (about 20 S&P points), but I am scared to play it.

Denleo

I am looking for a pullback to the 1459 support on ES. But i don't have a signal to go short yet. So just waiting.

Edited by NAV, 18 April 2007 - 01:21 PM.

[NAV]

Shorting NQ, the weaker index, here at 1848 for a daytrade. STOP 1855.25.

[selecto]

I have us trading lower for the next couple of days at least, but I had us trading lower last weekend too. Nevertheless, I stubbornly ff that in here we still print lower than last Friday's close (cubes).