12 replies to this topic

[A-ha]

on top of my day trading entries, I am building a short position around the current levels (ES 1474) that I think should handsomely pay next week. I expect SPX cash to test 1420-1430 range in the next 5-10 trading days leadership already headed there

Edited by A-ha, 24 August 2007 - 11:49 AM.

[Trend-Signals]

Thanks

That is street anticipation. However, what if market breaks out and hold above Breakout point.

While we had a strong DT like 7/19 - 8/16, there was very little bounce; now, conversely, we have extremely high negative sentiment as we can see on DOW p/c ratio. This could work as contrarian indicator as we could see, Buy/Short squeeze comes in?


http://www.stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=17&i=p98670794592&a=79285156&r=938.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=p22232131775&a=76929034&r=724.png

[risktaker]

leadership already headed there

Who are the leaders? (If you don't mind.)

[atlasshrugged]

leadership already headed there

Who are the leaders? (If you don't mind.)

the ones who lead us down..the banks and brokers

[underabigw]

Atilla,

Are you still planning to go long SRS for IT trade?

Thanks.

on top of my day trading entries, I am building a short position around the current levels (ES 1474) that I think should handsomely pay next week.

I expect SPX cash to test 1420-1430 range in the next 5-10 trading days


leadership already headed there

[A-ha]

Atilla,

Are you still planning to go long SRS for IT trade?

Thanks.

on top of my day trading entries, I am building a short position around the current levels (ES 1474) that I think should handsomely pay next week.

I expect SPX cash to test 1420-1430 range in the next 5-10 trading days


leadership already headed there

Yes

SRS long
RKH short

[underabigw]

Thanks!!!

Atilla,

Are you still planning to go long SRS for IT trade?

Thanks.

on top of my day trading entries, I am building a short position around the current levels (ES 1474) that I think should handsomely pay next week.

I expect SPX cash to test 1420-1430 range in the next 5-10 trading days


leadership already headed there

Yes

SRS long
RKH short

[A-ha]

shorting oih too... above 175

[eminimee]

ES price action feels like it' s looking for some sort of top

[risktaker]

leadership already headed there

Who are the leaders? (If you don't mind.)

the ones who lead us down..the banks and brokers

Which timeframe? $BKX and XLF are both unchanged today at the moment.