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RUT & NDX THOUGHTS


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#1 Mr Dev

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Posted 25 June 2007 - 10:04 AM

Still playing the 200%RUT in here ... although it's a good time to reduce exposure ...until the market gives a more clear sign. Charts at the end of day Friday looked like they wanted to turn up from st oversold conditions....and still do. However, sticking with the New St Trend signals I was taking shorts home over the weekend. Liquidity looks supportive today..charts look oversold in a young ST down trend.. so I FLIPPED from shorts back to the longs... and will revisit my eval of the charts near the eod. Time to workout ..BBL Trade well. ;)

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#2 Tor

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Posted 25 June 2007 - 10:15 AM

Still playing the 200%RUT in here ... although it's a good time to reduce exposure ...until the market gives a more clear sign.

Charts at the end of day Friday looked like they wanted to turn up from st oversold conditions....and still do.

However, sticking with the New St Trend signals I was taking shorts home over the weekend.

Liquidity looks supportive today..charts look oversold in a young ST down trend.. so I FLIPPED from shorts

back to the longs... and will revisit my eval of the charts near the eod.

Time to workout ..BBL

Trade well. ;)


Dev I am not sure what you are saying.....

You are now 200% long? look to reduce longs.
Went into weekend short? did you flip these to long?
you flipped some shorts to longs after the weekend?

Many thanks and good trading as normal.
Observer

The future is 90% present and 10% vision.

#3 atlasshrugged

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Posted 25 June 2007 - 10:20 AM

Still playing the 200%RUT in here ... although it's a good time to reduce exposure ...until the market gives a more clear sign.

Charts at the end of day Friday looked like they wanted to turn up from st oversold conditions....and still do.

However, sticking with the New St Trend signals I was taking shorts home over the weekend.

Liquidity looks supportive today..charts look oversold in a young ST down trend.. so I FLIPPED from shorts

back to the longs... and will revisit my eval of the charts near the eod.

Time to workout ..BBL

Trade well. ;)



excellent timing! your in the zone!

#4 Insider

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Posted 25 June 2007 - 01:44 PM

Still playing the 200%RUT in here ... although it's a good time to reduce exposure ...until the market gives a more clear sign.

Charts at the end of day Friday looked like they wanted to turn up from st oversold conditions....and still do.

However, sticking with the New St Trend signals I was taking shorts home over the weekend.

Liquidity looks supportive today..charts look oversold in a young ST down trend.. so I FLIPPED from shorts

back to the longs... and will revisit my eval of the charts near the eod.

Time to workout ..BBL

Trade well. ;)


In my opinion it's difficult to flip and flop when the correction is not over

You may miss the big move

I am short from 1538 and will stay short until 1460/1440 SPX

Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200