11 replies to this topic

[NAV]

Well done. I got stopped out on my NQ long for 10 point loss. The decline looks like the real deal. 120-min momentum and trend both have turned down. The daily momentum has also turned down. Now need to find a spot to get short.

Edited by NAV, 20 June 2007 - 02:54 PM.

[Cirrus]

I got caught flat footed today. My principal shorts were homebuilders and a couple retailers. I did a little shorting the past hour but not going to chase it here. I'll stick to what I have...just trying to get another base hit before the EOQ.

[Mr Dev]

Well done. I got stopped out on my NQ long for 10 point loss.

The decline looks like the real deal. 120-min momentum and trend both have turned down. The daily momentum has also turned down. Now need to find a spot to get short.

Looking forward to you joining ... our "swing" dance team !

Edited by Mr Dev, 20 June 2007 - 03:03 PM.

[tommyt]

I didnt short today, been holding index shorts since expo close..should test the last low at a minimum: indu = 13,250 spy 149ish

[OEXCHAOS]

I missed my day trade shorts (twice), but thankfully I have IT shorts on. Mark

[rkd80]

if this is the real deal then we can probably expect to see a very much failed rally tomorrow with the bears pouncing even harder. I am curious as to the sentiment today, i had a sense on this board that more bulls were being formed than bears.

I missed my day trade shorts (twice), but thankfully I have IT shorts on.

Mark

[Insider]

BEAR ATTACK - VIDEO

Insider

[selecto]

Ride the tiger. Key reversal bar (bearish engulfing candle) on the Naz today. Plain vanilla reversal bars on Dow and Spx. I have price momentum just rolling down, so my expectation would be for more to come.

[BigBadBear]

This is exactly what I mean. DOW Futures already up 21pts and climbing

Edited by BigBadBear, 20 June 2007 - 04:30 PM.

[arbman]

Thanks but, I am worried about Denleo now...