Jump to content



Photo

SPX - CAUTION


  • Please log in to reply
10 replies to this topic

#11 ed rader

ed rader

    Member

  • Traders-Talk User
  • 2,390 posts

Posted 06 June 2007 - 02:39 PM

Nice move Ed. As far as I can see, the easy money to be made on the way up is over. I exited my swings, and long term plays about a month ago, as well. I'm not trying to call a top in any particular place, but shorting this rounding top has worked fine for me. I'm sure that your new position will pay well-with little more than patience needed.

Spooky



Spooky -- the turnaround that we loaded up would do better if the market didn't tank but being it's a fallen angel with new direction so the irsk reward is much better. at least that's the way we see it B) .

good luck to you!

ed rader

"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/