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Going into the Fed meeting...


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#1 NAV

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Posted 28 June 2007 - 10:42 AM

http://nav-ta.blogsp...ed-meeting.html

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

 

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#2 Bob-C

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Posted 28 June 2007 - 10:52 AM

http://nav-ta.blogsp...ed-meeting.html

Hi NAV, thanks for the heads up and charts. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#3 Tor

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Posted 28 June 2007 - 10:53 AM

Nice post NAV and thanks for sharing.
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#4 eminimee

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Posted 28 June 2007 - 10:58 AM

I'm in agreement.......as long as we get through the next two hurdles ..1508/09 and the biggy....1518 SPX numbers. I wish the initial move up off the low yesterday morning on ES looked cleaner but if you were a real bull, you could count a series of 1's and 2's and the move up off the 1502.50 low at 1:30pm was only the beginning of a large 3. Ideally, I would like to see a lunch time swoon even to 1515ish to buy but who knows...maybe they break it up even before fed...we certainly seem like price doesn't want to wander much from the highs made yesterday on close. I'm flat a waiting. . . 1522/23 is my first minor hurdle on ES. Posted a possible bigger inverted H&S this morning....and would fit the scenario of yesterday's low being a 4th wave low.

#5 skyymaster

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Posted 28 June 2007 - 11:07 AM

http://nav-ta.blogsp...ed-meeting.html


Thanks for the Tech work and heads up. :sweatingbullets:
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.

#6 rkd80

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Posted 28 June 2007 - 11:18 AM

interesting stuff
“be right and sit tight”

#7 skyymaster

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Posted 28 June 2007 - 11:23 AM

SPX cash now resting on the 50 DMA, looks like they warming her up for lift off there.
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.

#8 eminimee

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Posted 28 June 2007 - 11:25 AM

a little resistance here too on oex at 695.75



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Edited by Teaparty, 28 June 2007 - 11:27 AM.


#9 rkd80

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Posted 28 June 2007 - 11:29 AM

any of you guys going long in a serious manner?
“be right and sit tight”

#10 skyymaster

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Posted 28 June 2007 - 11:31 AM

any of you guys going long in a serious manner?


Yeah, real serious with my 1 long ES contract. :blush:

Opened a Futures account mid-2006, My first trade was short the emine spx at 1555, got out earlier but I was just looking for successful trade. My goal to keep from blowing my Grand in less then 6 months. So, yes. This is serious for me.

Edited by skyymaster, 28 June 2007 - 11:41 AM.

People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.