23 replies to this topic

[NAV]

Took a 50% short position here at NDX 1973 (ETFs and Options) for a swing trade. Stop intraday high.

[eminimee]

still guessing....but if we get another high...watch that 1987 on ndx

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=7&i=p15809628286&a=93322579&r=413.png

[BigBadBear]

Teaparty....agreed after JacksonHole we shud be up 300+ points

[ogm]

Why did you pick NDX out of all stuff ? The strongest meanest index with so many good looking charts. INTC, ADBE, DELL, CSCO... you name it they look strong.... techs look the strongest.

[NAV]

Tea, As of 2:30 Est, I have a sell on 30-min and 60-min. If 120-min flips to a sell, i can say with certainity that the swing top has been seen.

[BigBadBear]

Ben will each you a hard lesson in less than 24hrs. Remember the discount rate cut

[NAV]

Why did you pick NDX out of all stuff ?

The strongest meanest index with so many good looking charts.

INTC, ADBE, DELL, CSCO... you name it they look strong.... techs look the strongest.

After fake slingshots, the strongest index gets brutalized the most. That's why i picked NDX. The charts always look good at the tops. They only say what has already happened. Just gotta trust your indicators....

[rkd80]

Ben will each you a hard lesson in less than 24hrs. Remember the discount rate cut

that may very well be true, but today its not looking so good anymore. triple digit dji down-day is now very possible.

[BigBadBear]

Nav, Do you think that b of X of your longer term chart is done and c of X into the 9mth bottom has started? If not what would confirm it ?

[eminimee]

good call nav....I'm short es 58.50 stop 62.75...the great thing about ewave is that it warned this was possible....and kept me from getting real long again ....