Edited by redfoliage2, 26 July 2007 - 08:15 AM.
The Crash Day???
Started by
redfoliage2
, Jul 26 2007 08:14 AM
8 replies to this topic
#1
redfoliage2
-
- Traders-Talk User
- 18,033 posts
Member
Posted 26 July 2007 - 08:14 AM
Let's see it crashes or not today.
#2
kaiser soze
-
- Traders-Talk User
- 884 posts
Member
Posted 26 July 2007 - 08:18 AM
Cant dismiss the possibility. Need to watch the Japanese Yen- up 1% overnight. If it keeps increasing in a big way through the trading day, that might be a clue. Also T-Bond yields of course.
#3
LarryT
-
- Traders-Talk User
- 1,066 posts
Member
Posted 26 July 2007 - 08:21 AM
Let's see it crashes or not today.
ES futures projected low for today is 1507 with 1495 as an anamoly extreme level. Good spot to go long for next weeks up cycle.
#4
rkd80
-
- Traders-Talk User
- 2,385 posts
Member
Posted 26 July 2007 - 08:23 AM
Let's see it crashes or not today.
ES futures projected low for today is 1507 with 1495 as an anamoly extreme level. Good spot to go long for next weeks up cycle.
from a TA perspective, ES doesnt look so bad - just a good ol' downtrend on the 60min.
you going long at all Larry and if so, when would you even consider doing so?
“be right and sit tight”
#5
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 26 July 2007 - 08:24 AM
The crash scenario would be the most perfect for me, given I have missed this quick fall.
watching..........
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#6
redfoliage2
-
- Traders-Talk User
- 18,033 posts
Member
Posted 26 July 2007 - 08:26 AM
Don't miss this one:The crash scenario would be the most perfect for me, given I have missed this quick fall.
watching..........
http://www.traders-t...showtopic=73293
Edited by redfoliage2, 26 July 2007 - 08:28 AM.
#7
LarryT
-
- Traders-Talk User
- 1,066 posts
Member
Posted 26 July 2007 - 08:42 AM
Let's see it crashes or not today.
ES futures projected low for today is 1507 with 1495 as an anamoly extreme level. Good spot to go long for next weeks up cycle.
from a TA perspective, ES doesnt look so bad - just a good ol' downtrend on the 60min.
you going long at all Larry and if so, when would you even consider doing so?
Yes, going long at cash 1500 to 1495 zone, 15 point stop.
#8
rkd80
-
- Traders-Talk User
- 2,385 posts
Member
Posted 26 July 2007 - 09:27 AM
thanks Larry
Let's see it crashes or not today.
ES futures projected low for today is 1507 with 1495 as an anamoly extreme level. Good spot to go long for next weeks up cycle.
from a TA perspective, ES doesnt look so bad - just a good ol' downtrend on the 60min.
you going long at all Larry and if so, when would you even consider doing so?
Yes, going long at cash 1500 to 1495 zone, 15 point stop.
“be right and sit tight”
#9
tommyt
-
- Traders-Talk User
- 5,136 posts
Member
Posted 26 July 2007 - 09:41 AM
it can't crash...it can mechanically melt down as it hits the limits and eventually closes...nothing like '87, 23% in one day folks. The new guys think 5% would be a crash 
and in '87 the VIX was over 150. Its a different game now with ETF's and all the rest.
and in '87 the VIX was over 150. Its a different game now with ETF's and all the rest.
