Edited by da_cheif, 15 June 2007 - 03:04 PM.
closing near the low of the last hour of trading
Started by
da_cheif
, Jun 15 2007 03:02 PM
5 replies to this topic
#1
da_cheif
-
- Traders-Talk User
- 10,964 posts
Member
Posted 15 June 2007 - 03:02 PM
staying long the big contracts from 1525 and da udder ones 2.....stopping the es chort at 1555....the shrt term overbot condition along with this mornings gap opening has most off the long side and or shorting this........SJNORJHT......dats sveedish
#2
relax
-
- Traders-Talk User
- 2,224 posts
Member
Posted 15 June 2007 - 03:50 PM
monday 6.18 - will fib control the agenda
staying long the big contracts from 1525 and da udder ones 2.....stopping the es chort at 1555....the shrt term overbot condition along with this mornings gap opening has most off the long side and or shorting this........SJNORJHT......dats sveedish
#3
da_cheif
-
- Traders-Talk User
- 10,964 posts
Member
Posted 15 June 2007 - 04:08 PM
FROM observation 61.8 controls nothing...its 75% thats the biggymonday 6.18 - will fib control the agenda
staying long the big contracts from 1525 and da udder ones 2.....stopping the es chort at 1555....the shrt term overbot condition along with this mornings gap opening has most off the long side and or shorting this........SJNORJHT......dats sveedish
#4
selecto
-
- Traders-Talk User
- 6,871 posts
Member
Posted 15 June 2007 - 04:23 PM
That's good! I can do that with my fingers. 
#5
jjc
-
- Traders-Talk User
- 2,886 posts
Member
Posted 15 June 2007 - 04:29 PM
staying long the big contracts from 1525 and da udder ones 2.....stopping the es chort at 1555....the shrt term overbot condition along with this mornings gap opening has most off the long side and or shorting this........SJNORJHT......dats sveedish
Thks. cheif. I notice this and the bearish guests on CNBC as well as Pasani (sp) talking down the market
and I threw a couple of extra contracts in long into the close. On monday (after the bullish opening if I'm
correct) I'll be converting my position from futures into equity calls in spy. Nasty counter party types:) abound and I'm holding a large position.
In addition to closing near the low of the last hour, and the CNBC tell, I believe the rebalancing of the S&P 500 will leave alot of extra inventory hanging around that people will need a frenzy to sell into. All this
just speculation no work done to quantify how predictive.
good luck.
#6
Vector
-
- Traders-Talk User
- 1,828 posts
Member
Posted 15 June 2007 - 07:15 PM
well I'll be dipped, the market went up again today...amazing how it keeps on doing that 
