8 replies to this topic

[Scott-stock]

If you assume you have been out of the market this week. WOuld you BUY at tonights Close or Sell Short, since the Market is back to being in a BULL MArket Thanks

[eminimee]

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

[rkd80]

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

if you think its a bull market, why are you out of it? sort of impossible to answer the question with out knowing what your time frame is.

[hiker]

consider three data points for SPX 1498 minor horizontal now being tested 1501+ 50day ema just above day high so far 1525 major horizontal from long-term daily risk vs. reward measurements consider the reward R elements above

Edited by hiker, 08 August 2007 - 01:13 PM.

[rkd80]

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

i see 1510 as formidable resistance on ES

[eminimee]

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

if you think its a bull market, why are you out of it? sort of impossible to answer the question with out knowing what your time frame is.

I never said it was a bull or a bear...I said jury still out but I do favour the bull if you have read my work....I'm still sitting on a ton of oex calls that have more than quadrupled...sold some this morning.....I'm just trying to "give a gift" to the bull Gods as Don would say.. I'm a tick from getting stopped out by the way...

[rkd80]

heh tp, that question was not to you, but to the original poster.

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

if you think its a bull market, why are you out of it? sort of impossible to answer the question with out knowing what your time frame is.

I never said it was a bull or a bear...I said jury still out but I do favour the bull if you have read my work....I'm still sitting on a ton of oex calls that have more than quadrupled...sold some this morning.....I'm just trying to "give a gift" to the bull Gods as Don would say.. I'm a tick from getting stopped out by the way...

[eminimee]

ah...ok....I saw the quoted reply and thought you meant me...

I'm all out of those calls by the way....sold the rest of the aug 670s bought at 7.20...sold them at 31 even. I'm flat all around...looking to get short again for a trade.....my stop was too tight...nice call on the 1510 area.....OEX didn't like the 200sma on the hourly
but still may want TL
http://stockcharts.com/h-sc/ui?s=$OEX...id=p85296073534

http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=21&i=p85296073534&a=107003689&r=1278.png

[rkd80]

i picked up some vst longs and dumped them at 1510 and went short 1 es contract.

yeah, i mentioned 1510 to you when i saw your 1508 stop, thought it was a tad tight...figured i'd chime in, but was too late? hopefully you re-entered.

heh tp, that question was not to you, but to the original poster.

I'm short es at 1505...but only a trade.......jury still out on the bull market thing...stop at 1508....I'll be out by the end of the day one way or another...who knows what tomorrow will bring.

if you think its a bull market, why are you out of it? sort of impossible to answer the question with out knowing what your time frame is.

I never said it was a bull or a bear...I said jury still out but I do favour the bull if you have read my work....I'm still sitting on a ton of oex calls that have more than quadrupled...sold some this morning.....I'm just trying to "give a gift" to the bull Gods as Don would say.. I'm a tick from getting stopped out by the way...