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ES and QQQQ long trade update


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#1 hiker

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Posted 12 July 2007 - 10:36 AM

still long QQQQ still long ES. SPX cash horizontal at 1530.50 seems to want to hold, but I have no idea what may happen on the upside, so why not give it some time. the 3 min and 15 minute are giving no reasons to sell yet. I took a lot of downside yesterday and Tuesday before I recovered to profits today....bull with early entries....I knew Tuesday I was spending Wednesday hiking, so needed to make my long entries Tuesday. some equity updates. remain long FCX, CALM, OIH, Fslr, NYX ( advance stalled today near week's high) and many more....short just a few not naming. I sold BIDU long today on limit orders..scaled out....will keep on eye on historic high for reentry signal...not buying dips between now and July 25th reporting

Edited by hiker, 12 July 2007 - 10:39 AM.


#2 da_cheif

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Posted 12 July 2007 - 10:43 AM

bidu looks like a terminal parabolic.....or a 3rd wave........never easy to ride those straight uppers

#3 bullishnot

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Posted 12 July 2007 - 10:46 AM

Good trade getting rid of BIDU, gonna head down from here