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#11 risktaker

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Posted 30 August 2007 - 01:50 PM

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


Whatever Ben's plans are, we will probably get tipped-off of it based on the last hour's price action.

#12 NAV

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Posted 30 August 2007 - 01:58 PM

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 ?


No we are still in the b of X, which is not complete. This is just a ST swing top in the context of that wave b of X. More time is required to complete that wave b.

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#13 ken29

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Posted 30 August 2007 - 02:02 PM

Nice trade NAV........But what I don't understand is, why you are the only one that got it right and everybody on here is wrong? :P

#14 NAV

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Posted 30 August 2007 - 02:02 PM

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


Geez man, you are scaring me. :D Took 1 buck profit on QID in 60-minutes. Will hold the options.

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#15 ogm

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Posted 30 August 2007 - 02:10 PM

This is tracking to be the lowest volume day in many weeks. I wouldn't put too much meaning in today's fluctuations. We'll probably close unchanged with slight up on NDX. Now DELL after the close and Bernanke tomorrow.. that will set the tone.

#16 BigBadBear

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Posted 30 August 2007 - 02:13 PM

Bernanke rally has started

#17 eminimee

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Posted 30 August 2007 - 02:14 PM

Price action is whacky....stopped and back flat....done for day

#18 BigBadBear

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Posted 30 August 2007 - 02:16 PM

I dnt care what the charts say.their is no way we selloff when nobody has even seen Santa's presents. The sled pulls up in 18hrs

#19 blustar

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Posted 30 August 2007 - 02:24 PM

My guess is this is just a pull back pursuant to higher prices. Support tomorrow morning is near 1447-48 SPX. If we can get down move on open tomorrow, I would turn bullish.

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#20 BigBadBear

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Posted 30 August 2007 - 02:28 PM

Blustr,

too much thinkin, jst buy till the speech....simple


Nav,

good decision to cover your short...cause you know whats coming this friday


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


Geez man, you are scaring me. :D Took 1 buck profit on QID in 60-minutes. Will hold the options.


Edited by BigBadBear, 30 August 2007 - 02:28 PM.