17 replies to this topic

[A-ha]

I'm flat, have nothing to get over-but,would never begin to base my trades on anyones "gurantee". Being flat, I have NO need to wish or hope.

I am basing my opinion on a statictical fact. Personally I dont give a flying heck about who believes what, neither do i have an obligation to educate people here.

Unlike most of the other flies who come here after 90 spx points rally and claim that they were long from the bottom, I called the bottom one day before and I gave my trade during day, realtime on Thursday.

No sir, I am not begging for a "thank you" here, but I will not take ******** from you or anybody here who tries to mug my opinions just because I put my money in what I said and say.

XD, you have Da-Chief's personality. Even when you agree with someone, you argue for the sake of arguing.

In the same spirit, I will say: NO, I guarantee we will not see August 16th lows for 2 to 4 weeks.

Denleo

You dont know me denleo. I am quite opposite of the old f. Completely opposite.

[NAV]

Gaurantees, Counter Gaurantees, attacks, snubs will not change the market mood. When you are edgy, use stops. If that does not help, a shot of bad tequila usually helps. After reading this post i just took a swig....No ********.

[thespookyone]

Wasn't trying to "mug your opinions" xd. If I would have thought there was no possibility of a retest-I guess I would have stayed long as well. I simply prefer to daytrade the volatility. Price will dictate which positions are correct, it always has. It was obviously a great entry for you at the bottom, and, is of course your choice how long to hold the postion. I trade on a risk reward basis, and strictly staying long here does not fit my risk-reward view.

[NAV]

Everyone seems to be talking about whether a retest will happen or not. It seems now the impossibility of new lows below 8/16 is a foregone conclusion. Now that's "the spooky one".....

[thespookyone]

Everyone seems to be talking about whether a retest will happen or not. It seems now the impossibility of new lows below 8/16 is a foregone conclusion. Now that's "the spooky one".....

Agreed, Nav-but it is not a foregone conclusion to me.

[A-ha]

Everyone seems to be talking about whether a retest will happen or not. It seems now the impossibility of new lows below 8/16 is a foregone conclusion. Now that's "the spooky one".....

This is this

http://www.traders-t...?...st&p=309309

attempted test means teasing

it will be over at QQQQ 46

and it will be the last one before NDX tests 1920, spx 1465

Edited by A-ha, 20 August 2007 - 11:21 AM.

[swingtrader]

XD, You predicted today's gap up and saying that they will unload their shares at open. That was a great call. Just wonder in what case it will produce a gap down. I think with the run up towards expiration later last week. All the puts will be out of money. Therefore, there should be no stocks put to them. Why you were thinking there will be a gap up. Thanks a lot ST

[A-ha]

XD,

You predicted today's gap up and saying that they will unload their shares at open. That was a great call.

Just wonder in what case it will produce a gap down.

I think with the run up towards expiration later last week. All the puts will be out of money. Therefore, there should be no stocks put to them. Why you were thinking there will be a gap up.

Thanks a lot

ST

When there re massive piles of puts to expire worthless, and when they close the opex on a positive note, you can pretty be sure that da boys are loaded with near the money calls which expire in the money.

On monday, when they excercise the shares, they want to get best prices. They give a push to futures before the open so everything else gaps up for their precious shares. They unload excersised shares in the morning and later in the day or next day, they move on to the next scenario, in this case, "UP" we go
They bought the f&^%* out of the market this noon i bet,


just like I told you in the morning QQQQ =46 was the point for the pull back to end

Edited by A-ha, 20 August 2007 - 02:56 PM.