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Anyone think we'll close green ?


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#1 ogm

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Posted 27 July 2007 - 02:26 PM

I do. Either green or darn close to it. I have RSI strong buy's flashing on 60 min charts, will trigger in 5 minutes. Financials getting greener by the minute. Some breaking yesterday's highs already.

Edited by ogm, 27 July 2007 - 02:28 PM.


#2 NAV

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Posted 27 July 2007 - 02:29 PM

:redbull: Watch the last 10 minutes.

Edited by NAV, 27 July 2007 - 02:31 PM.

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#3 ChickenLittle

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Posted 27 July 2007 - 02:32 PM

Should have another rise in the rally that began at 12:30. Interest rates began rising at 12:30. Market and rates have been in lock step all day. I keep waiting for the shorts to cover but no dice. The S&P is trying to finish off a slow 3 step decline from 2:53 PM to 3:40 PM.

Edited by ChickenLittle, 27 July 2007 - 02:41 PM.

History always repeats . . . only the details change.

#4 rkd80

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Posted 27 July 2007 - 02:33 PM

:redbull:

Watch the last 10 minutes.


That will be a very positive development going into Monday that is for sure, but the breadth has to improve dramatically.
“be right and sit tight”

#5 ogm

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Posted 27 July 2007 - 02:38 PM

:redbull:

Watch the last 10 minutes.


I'm watching :) Not looking good so far.... lol

But I still think we're trying to bottom. Turnaround on 60 min summations is imminent. They'll get it going next week.

Financials improved significantly already and carnage in corporate bonds appears to be over.

Turning around A/D line is technicality. Its very deeply oversold.

#6 CAzzaro

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Posted 27 July 2007 - 02:50 PM

You guys will be lucky if they don't set new lows.

#7 ChickenLittle

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Posted 27 July 2007 - 02:53 PM

No rally and now we're setup for a Monday morning bloodbath.

Edited by ChickenLittle, 27 July 2007 - 02:58 PM.

History always repeats . . . only the details change.

#8 ogm

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Posted 27 July 2007 - 02:56 PM

No rally and now we're now setup for a Monday morning bloodbath.


Yes, looks like they are going to take it down pretty hard on Monday morning. OIh well, I'm only 75% in, have quite a bit more to spend.

Surprizingly, all 4 high yield positoins I bought are closing strongly green :)

And some other stuff isn't looking that bad. All my 3 solar stocks are green too.

The only thing I'm hurting on are NDX calls.

Edited by ogm, 27 July 2007 - 02:56 PM.


#9 Cirrus

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Posted 27 July 2007 - 02:58 PM

no

#10 NAV

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Posted 27 July 2007 - 03:02 PM

No :lol: Whew ! Watta close !

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