6 replies to this topic

[da_cheif]

now that the 38.2 retrace at 1523 has been penetrated the next target at 1529.85 is now a confirmed projection.....staying long the big contracts....flat the es.....once 1530 is taken out the gap at 1548 shud be reached quickly.......all of course imho fwiw bla bla bla

Edited by da_cheif, 11 June 2007 - 09:02 AM.

[hiker]

thanks, Don. you have stuff to back you up on this idea, as always. in my case, my trading instinct alone..not TA...says 1510 SPX cash is about it for now until will see 1460 or so. yes, I am lightly trading this idea. came into Monday flat the highly leveraged, like futures. btw, right now am showing 15 of a long list of energy stocks are green...many more red. no retailers I follow are green. CROX is green, but in intraday d/t I took on small long spec pos in NSTK 11.50's....50day ema and d/t on daily remain unbroken follow Frid and today test thanks for the invitation last week to your gallery....I will enjoy visiting next time in your neck of the woods. have a good week. in my morning bike ride at sunrise today, saw a coopers hawk on a tree top very close, and two great blue herons in the sky. have a photo of the hawk but just caught its neck and head before it took off. the birds of prey are all over out here..

Edited by hiker, 11 June 2007 - 09:14 AM.

[da_cheif]

u live in the biggest church on the planet.....

[redfoliage2]

now that the 38.2 retrace at 1523 has been penetrated the next target at 1529.85 is now a confirmed projection.....staying long the big contracts....flat the es.....once 1530 is taken out the gap at 1548 shud be reached quickly.......all of course imho fwiw bla bla bla

Look at the weekly it's still way early for a 38.2% retrace. But this time even 38.2 may not do it

Edited by redfoliage2, 11 June 2007 - 09:24 AM.

[da_cheif]

im talking about the 38.2 off the high june 4

[da_cheif]

im talking about the 38.2 off the high june 4

yawwwnnnnnn

[hiker]

50 ema on the 60min SPX cash is now not far above