20 replies to this topic

[skott]

it's all just so bullish

[.Blizzard]

Just an illusion I went short this "MEGA BULL" on April 27...and I am currently loosing 5 points on ESM7 Wow!

[eminimee]

I think we topped an X or B..on spx....should close about unchanged on the day and gap down monday....looking for a low at 1483/85 to buy. There is a small gap at 1499.50 on ES that I think we will gap over monday... or they fill it before close.

[jjc]

I think we topped an X or B..on spx....should close about unchanged on the day and gap down monday....looking for a low at 1483/85 to buy. There is a small gap at 1499.50 on ES that I think we will gap over monday... or they fill it before close.

Hmm. I love your post Teapary. I wonder just how often we make the high of the day at 11:15? I wonder
just how often this occurs on a friday? This is an unusual day!

[eminimee]

[skott]

TP, trendlines with only 2 touch points and so short in length are not to be given much weight in ones trading. QQQQ had a similiar trendline and it was busted to the upside very convincingly.

[jjc]

compelling.

[eminimee]

skott...it's just an idea ....and I've got some other stuff that makes it possible..one being the rsi kissback

Edited by Teaparty, 11 May 2007 - 12:01 PM.

[skott]

gotcha TP. Hope that didn't come off as criticism......... not meant that way. s&p on 60 min chart does look like a bull flag though don't you think?

[eminimee]

no...it looks like a falling wedge lol