6 replies to this topic

[traderpaul]

My last forecast was right on......The SPX will stay below the 200Dma.....Fade me if you want.....

[selecto]

Perhaps the bear needs to be a little cautious in here.
In the past a bounce at these levels has been predictive of price advance.

[eminimee]

point us to your last call.

[kaiser soze]

My last forecast was right on......The SPX will stay below the 200Dma.....Fade me if you want.....

Your last call was definitely a gutsy one.

In the light of a possible spike bottom in the New Lows and a 90% upside day, it another brave call. Lets see how this one plays out.

[Sentient Being]

I remember that post. No need to be defensive. I don't fade anyone. I should be fading myself! I've got a buy in place if it moves up. Looking at the Rim tonight, they are VERY positive. I don't know where it's going but if it can move above the 200 and stay there I want to be long.

[eminimee]

TraderPaul....Just want to understand...so you were short on Monday July 30th , spx trading around 1450/60 ...the spx dropped under the 200 briefly and went to 1505....you held that short ??? It never kissed back to the 200...it went screaming right back up through it......I'm not sure if I can say your call was "right on"

Edited by Teaparty, 20 August 2007 - 07:12 AM.

[traderpaul]

[quote name='selecto' date='Aug 19 2007, 05:14 PM' post='309680'] Perhaps the bear needs to be a little cautious in here.
In the past a bounce at these levels has been predictive of price advance.

[/quodtte]
Seleto, OB/OS oscillators are great on sideways and slow up trends markets but useless on trend change markets.....(they stay OS)......Back in the Eighties they stayed OB for months.....