6 replies to this topic

[Tor]

Will see, all subject to revision. I am not married to this idea, although this is my current thinking. Led by tech and rate FALLS. Hi octance stuff and likely a thin market.

Edited by Tor, 20 July 2007 - 07:30 AM.

[eminimee]

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=3&i=p78697670242&a=93322579&r=1823.png



I took es long at 55.75 stop 53.75

[NAV]

tor, Your FFs are very bullish. But, your positions are mostly shorts. Why ?

Edited by NAV, 20 July 2007 - 07:45 AM.

[eminimee]

Your FFs are very bullish. But, your positions are mostly shorts. Why ?

ditto

[relax]

i see no fuel for gains today

[eminimee]

i see no fuel for gains today

Natural gas is invisible.

[Tor]

tor,

Your FFs are very bullish. But, your positions are mostly shorts. Why ?

Its not a mind trick type thing.

I just think the sell off will create a major buy. i see the indices stalling st at these levels, and was hoping to trade it for a backtest around the 1520 level. The major bullish view is based on what I see in the macros, the technicals etc.

For me, I have learnt that when I have a lt view, it is healthy to trade the other side, to remain unmarried to any particular idea. That is how I try to contain my psychology.