Jump to content



Photo

IWM


  • Please log in to reply
14 replies to this topic

#11 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 14 June 2007 - 02:38 PM

NAv
THX

I also see the weakness for the RUT but..........just like we talked about here earlier this week ..or last

we have another gap up there unfilled and now they've managed to push the SOX up on down days for the

overall markets....this has reflected itself in strength for the NDX and it is closer than the DOW S&P or RUT to

making new highs.

I mean I could put in an order to push there...and when that happens the RUT is certainly not going to want to fall but ...shoot up and fill its Gap.

Thoughts?


I suppose you are talking about the 857 gap on the ER2 (Sep). If that gap were to be filled, then NQ and ES would be at new recovery highs by then. I am not betting on that scenario at this point. But then, a lot of weird machinations happen during the OPEX. So, i am always with one foot outside the door.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#12 slatedrake

slatedrake

    Member

  • Traders-Talk User
  • 269 posts

Posted 14 June 2007 - 02:47 PM

Hey NAV, What's your stop on the QQQQ Puts if you don't mind?
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.

#13 Mr Dev

Mr Dev

    Member

  • Traders-Talk User
  • 11,528 posts

Posted 14 June 2007 - 02:51 PM

NAv
THX

I also see the weakness for the RUT but..........just like we talked about here earlier this week ..or last

we have another gap up there unfilled and now they've managed to push the SOX up on down days for the

overall markets....this has reflected itself in strength for the NDX and it is closer than the DOW S&P or RUT to

making new highs.

I mean I could put in an order to push there...and when that happens the RUT is certainly not going to want to fall but ...shoot up and fill its Gap.

Thoughts?


I suppose you are talking about the 857 gap on the ER2 (Sep). If that gap were to be filled, then NQ and ES would be at new recovery highs by then. I am not betting on that scenario at this point. But then, a lot of weird machinations happen during the OPEX. So, i am always with one foot outside the door.




PS. NDX has filled that same top GAP TODAY ! So No Mas amigo!



I'm thinking LONG the RUT but be dam fast and then as NDX reaches a new high ..or not take profits on RUT long and shift NDX short

watching for RUT to retest today's highs at least...before exiting longs...maybe and then taking NDX position in case RUT tries to fill its gap

Thoughts?

I got a hook on BOTH the RUT and The NDX... Looks like both could pop and diverge and close lower tomorrow.....but the morning could be a wild POP and drop.

They are selling the RUT here today...so even a gap down from the hook could playout ...

So I'm going to short the dam RUT now at least half and 100% by the first hour tomorrow

Best to you

Edited by Mr Dev, 14 June 2007 - 02:52 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#14 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 14 June 2007 - 03:12 PM

Hey NAV,

What's your stop on the QQQQ Puts if you don't mind?


47.77





NAv
THX

I also see the weakness for the RUT but..........just like we talked about here earlier this week ..or last

we have another gap up there unfilled and now they've managed to push the SOX up on down days for the

overall markets....this has reflected itself in strength for the NDX and it is closer than the DOW S&P or RUT to

making new highs.

I mean I could put in an order to push there...and when that happens the RUT is certainly not going to want to fall but ...shoot up and fill its Gap.

Thoughts?




I suppose you are talking about the 857 gap on the ER2 (Sep). If that gap were to be filled, then NQ and ES would be at new recovery highs by then. I am not betting on that scenario at this point. But then, a lot of weird machinations happen during the OPEX. So, i am always with one foot outside the door.




PS. NDX has filled that same top GAP TODAY ! So No Mas amigo!



I'm thinking LONG the RUT but be dam fast and then as NDX reaches a new high ..or not take profits on RUT long and shift NDX short

watching for RUT to retest today's highs at least...before exiting longs...maybe and then taking NDX position in case RUT tries to fill its gap

Thoughts?

I got a hook on BOTH the RUT and The NDX... Looks like both could pop and diverge and close lower tomorrow.....but the morning could be a wild POP and drop.

They are selling the RUT here today...so even a gap down from the hook could playout ...

So I'm going to short the dam RUT now at least half and 100% by the first hour tomorrow

Best to you


My indicators are suggesting a gap-down possibility.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#15 jjc

jjc

    Member

  • Traders-Talk User
  • 2,886 posts

Posted 14 June 2007 - 03:14 PM

Hey NAV,

What's your stop on the QQQQ Puts if you don't mind?


47.77





NAv
THX

I also see the weakness for the RUT but..........just like we talked about here earlier this week ..or last

we have another gap up there unfilled and now they've managed to push the SOX up on down days for the

overall markets....this has reflected itself in strength for the NDX and it is closer than the DOW S&P or RUT to

making new highs.

I mean I could put in an order to push there...and when that happens the RUT is certainly not going to want to fall but ...shoot up and fill its Gap.

Thoughts?




I suppose you are talking about the 857 gap on the ER2 (Sep). If that gap were to be filled, then NQ and ES would be at new recovery highs by then. I am not betting on that scenario at this point. But then, a lot of weird machinations happen during the OPEX. So, i am always with one foot outside the door.




PS. NDX has filled that same top GAP TODAY ! So No Mas amigo!



I'm thinking LONG the RUT but be dam fast and then as NDX reaches a new high ..or not take profits on RUT long and shift NDX short

watching for RUT to retest today's highs at least...before exiting longs...maybe and then taking NDX position in case RUT tries to fill its gap

Thoughts?

I got a hook on BOTH the RUT and The NDX... Looks like both could pop and diverge and close lower tomorrow.....but the morning could be a wild POP and drop.

They are selling the RUT here today...so even a gap down from the hook could playout ...

So I'm going to short the dam RUT now at least half and 100% by the first hour tomorrow

Best to you


My indicators are suggesting a gap-down possibility.


That would probably mean a slow drift up into midnight hour to clean any close stops on the futures.