18 replies to this topic

[NAV]

has the YM sitting right near the acceleration point (13680-690). So it's logical to expect a bounce from here. If it cannot bounce here and further sells off at the open and if you are long, run faster then you have been used to the last few days of Lull ! I am in a mad-scalping mode and will not be posting any trades. Good luck everyone. Use your oscillators in a ...

[rkd80]

has the YM sitting right near the acceleration point (13680-690). So it's logical to expect a bounce from here. If it cannot bounce here and further sells off at the open and if you are long, run faster then you have been used to the last few days of Lull ! I am in a mad-scalping mode and will not be posting any trades. Good luck everyone.

Use your oscillators in a ...

This gap down is the biggest one we had in a while. It would be quite interesting to see how the dip-buyers react. Like Mark said, short and unhappy with all of this.

[da_cheif]

todays gap so far has stopped at the 38.2 support off the last swing low.....below 1530 would suggest that the gap at 1514 will be filled....1514 is the 75% retrace......all this terrorist activity into WWW is not a surprise ......shorted the es at yesterdays close.....against the bigguns....

[relax]

all this terrorist action at www, doesn't that just set something good up for OPEX

todays gap so far has stopped at the 38.2 support off the last swing low.....below 1530 would suggest that the gap at 1514 will be filled....1514 is the 75% retrace......all this terrorist activity into WWW is not a surprise ......shorted the es at yesterdays close.....against the bigguns....

[da_cheif]

yup ...if history is any guide....also there is this cycle

http://www.geocities...soacs64/4yr.jpg

from moorso on ww

http://www.geocities...acs64/4year.jpg

[babs]

I think Bennie speaks at 1 est. I doubt they let the market go before the WORDS come down from the mount

[VolPivots]

two words...."controlled speculation". commercials are very bullish if the COT report has any value. These gap downs are just a mechanism to kill some speculative call premiums, increase premiums/charge higher prices on new option activity (high implied vols), force out weak hands and trap more bears....again and again and again..... it also gives 'em an opp to prop up bonds.

Edited by marketneutral, 10 July 2007 - 09:17 AM.

[da_cheif]

covered es short reselling at 1532

[NAV]

two words...."controlled speculation". commercials are very bullish if the COT report has any value. These gap downs are just a mechanism to kill some speculative call premiums, increase premiums/charge higher prices on new option activity (high implied vols), force out weak hands and trap more bears....again and again and again..... it also gives 'em an opp to prop up bonds.

I agree with your observation as far as the IT trend is concerned.

[calmcookie]

Today was SOOO predictable. Usually difficult to assess open ... but TODAY had a HUGE pile of indicators. Cheers, C.C.