3 replies to this topic

[NAV]

remaining 1/3 position at 1555 for 7.5 points profit. Flat and watching. Hourly momo needs to turn up to get me long again.

[ogm]

What about your daily momo ? Or weekly momo ? How's that looking ?

[NAV]

What about your daily momo ? Or weekly momo ? How's that looking ?

As i have been saying the last two days that i am concerned about the Daily momo, which was very vulnerable. But it's still on a buy. If we close in red today, most certainly it will flip into a sell. Otherwise, you know, the bull just continues.....

I will update EOD. Right now, it's in a no man's zone. They could still turn this market up by the EOD and make the bears wonder "What the hell happened". Very neutral kind of a situation. I am flat and watching.

WEEKLY remains on a solid buy.

Edited by NAV, 20 July 2007 - 09:09 AM.

[OEXCHAOS]

Nice trade, Nav. I was open to the selling, but I really thought that they'd hold it together. then again, you never know what happens by the close. If da boyz want it higher, they can do it. Anyone watching the options right now? I'm seeing things trying to turn up...nothing firm yet. Maybe a bit of volume will come in. I'd buy that. Mark