6 replies to this topic

[Tor]

Stop on half at 1540 and other half 1545. not much risk. God trading everyone, just going off for a game of golf!!!

[BigBadBear]

good luck. I'm in with you

[Tor]

good luck. I'm in with you

Good to have company. Tight stops friend!! This market may just blow skywards!!

[Cirrus]

I'll wait til the market turns down before I think about going short the indexes in any meaningful size. This market isn't going down until the daily charts of the homebuilders start down IMHO. They are sensitive to rates, the consumers and liquidity. They're also great sentiment barometers. FWIW the banks are quite weak which doesn't bode well for bulls in the ST. If they get the banks running to the upside they'll probably kill the last living bear. It sounds like they've already got Richard Russell.

[Tor]

I'll wait til the market turns down before I think about going short the indexes in any meaningful size. This market isn't going down until the daily charts of the homebuilders start down IMHO. They are sensitive to rates, the consumers and liquidity. They're also great sentiment barometers.

FWIW the banks are quite weak which doesn't bode well for bulls in the ST. If they get the banks running to the upside they'll probably kill the last living bear. It sounds like they've already got Richard Russell.

Thats true. prudent trading important I think always. I dont want to risk much.

[selecto]

I think shorting in here is like walking barefoot on broken glass - best step gingerly.

Here is a daily screen I watch, suggesting that the band squeeze resolution will continue upwards.

[Mtrader]

New high is on the work. Need more money from abroad. New high is the key. China is just like another Japan back in 90s.