13 replies to this topic

[saltlake]

5 minute sell 60 minute sell Daily sell Stops in place

[hiker]

reward ideas if short SPX 200ema at 1450 converges with 1447 major horizontal risk idea 1488 to 1497 yest close ------------- 1476 needs to fail first before counting short chickens S3 1468 vs day low today of 1470.41 s4 1455

Edited by hiker, 09 August 2007 - 11:30 AM.

[beta]

Im looking for a drop to the SPX 1455 area, then another attempt at the highs next week. Buying Aug calls + Sept puts.

[hiker]

beta, hi I am wondering the odds of a daily close this week below the 200day ema...only one of those so far in the most recent 9 daily candles..seems that could be a high odds FF sometime prior to the retest highs move such a close would likely remain above the lower BB if occurs anytime soon

Edited by hiker, 09 August 2007 - 11:49 AM.

[eminimee]

i need this to break down to short.....right now it's a pick em'....1,2,1,2 either way

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=6&i=p24895446900&a=95301681&r=4721.png

[saltlake]

Short looking good so far. moving my stops up

[ken29]

Any takers for an another 30 mins out of nowhere 200 pts reversal today?

[eminimee]

Saltlake...where was the "right here"? what did you short and where?

[hiker]

stop method operative for me now...as 1468 S3 attempts to hold 147.34 to 147.50 based on 3min SPY ...recent candle high and 15sma above

Edited by hiker, 09 August 2007 - 12:12 PM.

[hiker]

50% retrace of this week's recovery at 1465. done with short unless move below 1465 long QQQQ from 48.08 area which is 50% retrace at 48.04

Edited by hiker, 09 August 2007 - 12:28 PM.