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afternoon thought


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#1 eminimee

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Posted 03 August 2007 - 12:46 PM

if we hold the ES 1463.50 now...we are probably going to rally hard....target is 688 OEX....maybe not all this afternoon....but could get close.....that's approx. 16/20 ES points approx. KABOB

Edited by Teaparty, 03 August 2007 - 12:55 PM.


#2 skyymaster

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Posted 03 August 2007 - 12:56 PM

if we hold the ES 1463.50 now...we are probably going to rally hard....target is 688 OEX....maybe not all this afternoon....but could get close.....that's approx. 16/20 ES points approx.

KABOB


KABOB ! Answered in the previous message.
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#3 selecto

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Posted 03 August 2007 - 01:05 PM

I have a "buy" which may come in this afternoon, surely Monday, targets 1490 spx.

#4 rkd80

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Posted 03 August 2007 - 01:12 PM

I have a "buy" which may come in this afternoon, surely Monday, targets 1490 spx.


momentum is still down, but the others are coming out of OS conditions and suggesting a buy...

dont know about a kabob though, although it would be overly amusing to see a 3rd day with a 3:30 rally.
“be right and sit tight”

#5 selecto

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Posted 03 August 2007 - 01:16 PM

"momentum is still down..." I have daily turned up, and the 60 threatening to do so. As soon as I can confirm on the 60, I click. :)

#6 rkd80

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Posted 03 August 2007 - 01:24 PM

"momentum is still down..."

I have daily turned up, and the 60 threatening to do so. As soon as I can confirm on the 60, I click. :)


daily..maybe. 60 min not so much.

btw, these lows could be forming a nice inverted H&S too. 1457 on ES would mark the right shoulder. Er2 is already there. NQ is holding up even better than that.
“be right and sit tight”