Problems are gone. Back to Normal.
#1
Posted 15 June 2007 - 09:33 AM
#2
Posted 15 June 2007 - 09:55 AM
#3
Posted 15 June 2007 - 10:04 AM
#4
Posted 15 June 2007 - 10:20 AM
I am taking my loss of 13 points and looking to go long on any pull back of 5 points. Problems are gone. Risk is over. Trade on the long side only.
Denleo
When you trade long in the coming days/weeks....don't forget to put also the USD/YEN chart on your desktop
It usually provides panic attacks
Insider
#5
Posted 15 June 2007 - 10:27 AM
Risk goes when the ten-year yield drops, risk returns when it rises.
Exactly.
#6
Posted 15 June 2007 - 10:44 AM
#7
Posted 15 June 2007 - 10:47 AM
#8
Posted 15 June 2007 - 10:53 AM
NAV, I thought you said your indicators have turned bullish this morning. Are you still bearish? And if you are, what kind of a pull back are you expecting? 5-7 points intraday or close this gap? or all three gaps?
Thanks
Denleo
Denleo,
I am not bearish anymore. My hourly has turned up at this point. I really don't have a clue as to what kind of a pullback to expect here. Waiting for more clues here. If the next pullback happens to be shallow one, i would cover and look to go long. If we get a high velocity selloff, that would turn the hourly down, then i would hold the shorts. At this point i am just patting myself on my back for not shorting the ES. QQQQ puts, i can take the pain.
#9
Posted 15 June 2007 - 11:20 AM
Next month should be good trading
Seems like we have to wait for Japan to raise rates and ruin the party - maybe in september
NAV, I thought you said your indicators have turned bullish this morning. Are you still bearish? And if you are, what kind of a pull back are you expecting? 5-7 points intraday or close this gap? or all three gaps?
Thanks
Denleo
Denleo,
I am not bearish anymore. My hourly has turned up at this point. I really don't have a clue as to what kind of a pullback to expect here. Waiting for more clues here. If the next pullback happens to be shallow one, i would cover and look to go long. If we get a high velocity selloff, that would turn the hourly down, then i would hold the shorts. At this point i am just patting myself on my back for not shorting the ES. QQQQ puts, i can take the pain.
#10
Posted 15 June 2007 - 11:48 AM
http://www.boston.co...xpected_03_pct/
SPX rose by 5 percent. 10-year yield fell by 30 basis points.