5 replies to this topic

[Darris]

We still have not even corrected 2% off the highs, and there are more white towels in the ring than at the local Holiday Inn swimming pool, based on subject line titles, LOL. If we can sell down all day long tomorrow, the bears and whistle blowers might have something, but Us Bulls know the Wed before OPEX low probably was made today, and new all time new highs are hours away. Lather and rinse markets with a bias to the upside. Paper profits are one thing, but cold hard cash booked is another. Bring on another follow thru day to the down side BEARS. Tomorrow's ES June contract close will be right at 1530 or higher.

[Russ]

Mighty bold words Darris I notice Shanghai has stabilized tonight, I have actually gone long myself.

[pisces]

We still have not even corrected 2% off the highs, and there are more white towels in the ring than at the local Holiday Inn swimming pool, based on subject line titles, LOL. If we can sell down all day long tomorrow, the bears and whistle blowers might have something, but Us Bulls know the Wed before OPEX low probably was made today, and new all time new highs are hours away. Lather and rinse markets with a bias to the upside. Paper profits are one thing, but cold hard cash booked is another. Bring on another follow thru day to the down side BEARS. Tomorrow's ES June contract close will be right at 1530 or higher.

AGREE, KSS. [ keep it simple stupid]



about cold hard cash,,,booked it on the MZZ today.

yeah,WWW. will probably turn it up,like it is supposed to.

sofar we had a clear ABC of mondays high.

and the biggest part of today we made a possible H+S bottom on the dow and s+p,plus nasdaq is strongest lately, ill think we see 1550 plus before a top.

BUT all this aside i will let the market tell me tomorrow which way we go....



GOOD LUCK TO ALL.

Pisces.

[thespookyone]

We still have not even corrected 2% off the highs, and there are more white towels in the ring than at the local Holiday Inn swimming pool, based on subject line titles, LOL. If we can sell down all day long tomorrow, the bears and whistle blowers might have something, but Us Bulls know the Wed before OPEX low probably was made today, and new all time new highs are hours away. Lather and rinse markets with a bias to the upside. Paper profits are one thing, but cold hard cash booked is another. Bring on another follow thru day to the down side BEARS. Tomorrow's ES June contract close will be right at 1530 or higher.

I noticed bulls didn't repetitively buy the dips=which kept price low. I also noticed the MACD, CCI, STO, and Williams %-none of which are saying moo to me.

Edited by thespookyone, 06 June 2007 - 11:51 PM.

[Darris]

Spooky, just playing the Bull market pattern here. Apr 30th (marginal), May 10th, May 24th, and today June 6th, (notice the two week pattern) all marked short term lows with almost zero draw down. The price action comment. Short term CCI and %R gave buys on all 4 occasions on the Daily, and were perfectly aligned with the End/1st of the month or OPEX seasonal. Will it work this time, only the shadow knows, but da system is da system. I am so confident, I will place a mental stop at 1514.00 on the June ES contract during the regular trading session for the next two days, however, my longs are being sold at 1529.00 MIT which I think will hit 1st, as we should rally 1% off today's 4:07pm low at 1515. Front month roll over occurred today, rather than tomorrow, as I had previously posted. The gap up from 1516 ish to 1531 ish leaves us vulnerable next week, but that will be another buy for me if it happens (gap filled on the Sept contract). Good trading.

[traderpaul]

Spooky, just playing the Bull market pattern here. Apr 30th (marginal), May 10th, May 24th, and today June 6th, (notice the two week pattern) all marked short term lows with almost zero draw down. The price action comment. Short term CCI and %R gave buys on all 4 occasions on the Daily, and were perfectly aligned with the End/1st of the month or OPEX seasonal. Will it work this time, only the shadow knows, but da system is da system. I am so confident, I will place a mental stop at 1514.00 on the June ES contract during the regular trading session for the next two days, however, my longs are being sold at 1529.00 MIT which I think will hit 1st, as we should rally 1% off today's 4:07pm low at 1515. Front month roll over occurred today, rather than tomorrow, as I had previously posted. The gap up from 1516 ish to 1531 ish leaves us vulnerable next week, but that will be another buy for me if it happens (gap filled on the Sept contract). Good trading.

I am so confident.......hummm........those sure trades......