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INDICATORS have turned .....


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#11 Mr Dev

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Posted 08 May 2007 - 02:52 PM

and possibly providing the Highs to be seen near the end of day.

best to all trading ;)


Well only a few minutes left in the day ... the NDX did just touch 1900 with the highs being 1901.

I'm happy with the 2% this morning and then the extra 1% into the afternoon.. +3% day... and nothing

really happened if you were to look at the closing numbers.

Still added to the dollar here at the close, which on any further up move, I'll take a little off tomorrow.. Flipped back to the short

side with the RUT...just because it's been so good to me lately. I did seriously consider the NDX for a short..

and I may move over there tomorrow.. just have to see how things Open.


It looks like the better trade would have been to go LONG the RUT after being short and forget the NDX or..ryvyx providing about 1.04% from this

mornings low and the RUT or DYN LONG fund would of paid back about 1.68%

We can try for them but I know we don't always get the best trade.

Best to all trading ;)

Edited by Mr Dev, 08 May 2007 - 03:01 PM.


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#12 briarberry

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Posted 08 May 2007 - 02:55 PM

I'm going to wait until after CSCO reports, I wonder what fun the earnings circus will give us tonight :D

#13 eminimee

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Posted 09 May 2007 - 07:10 AM

spx and oex I think have topped a b wave at this afternoons high...I think we chop in a very narrow range into close with a small gap down in the morning...Fed announcement should be a high and then a low into close tomorrow at or near 1500/02 ES. Crystal ball ********.