My indicators suggest that a sell off is imminent
Shorted ES 1524
Albert
Sell off coming
Started by
Swiss Trader
, Jul 02 2007 11:47 AM
5 replies to this topic
#2
ogm
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Posted 02 July 2007 - 11:48 AM
My indicators suggest that a sell off is imminent
Shorted ES 1524
Albert
Yes, mine are getting close too. Maximum through tomorrow of flat/upside action, if that.
#3
vitaminm
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Posted 02 July 2007 - 12:09 PM
ES
5-15min buy..............R 1527
S 1523
Edited by vitaminm, 02 July 2007 - 12:13 PM.
vitaminm
#4
rkd80
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Posted 02 July 2007 - 12:22 PM
this sell-off is an opportunity for a quick DT buck, but we are finishing in the green and then probably continuing to drift up through tomorrow
“be right and sit tight”
#5
JAP
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Posted 02 July 2007 - 06:30 PM
My indicators suggest that a sell off is imminent
Shorted ES 1524
Albert
Not today... and probably not tomorrow either. Maybe a small sell off on Thurs or Fri.
The 10 yr yield has dropped under 5% and earnings are right around the corner. M&A activity is increasing and there is no way the FED is going to let this market drop. The earnings will be underestimated as usual. That in itself will send the market soaring.
By 7/13 we will see DOW= 14,000 and SPX=1560.
#6
swanstkdh
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Posted 02 July 2007 - 08:26 PM
No consolidation between now and then???
