11 replies to this topic

[GOOSE2]

1% Correction is coming our way. It will wipe out 10 to 15 S&P points. It will be scary. Be brave. It should start around these levels.

Denleo

FWIW.........ES 1534 is an important number we will not just blow thru it. Still no reason to get short however.JMHO

Maybe I should of gotten short there afterall

[Mr Dev]

My point is that more than 15 points right now would be a huge surprise to me. It would feel like a bear market. Spooz just dropped 3 points while we were talking. It is already feels oversold.

Denleo

Hey denleo, you were almost there with your title on this thread,...so may I suggest something for you,..it will help you in the long run.


Drop all the point thinking in your head,... in your trading day,,.in your feelings,.... and replace them with ....PERCENTAGES.

Edited by Mr Dev, 21 May 2007 - 04:12 PM.