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Night operators dream

Started by NAV , Sep 10 2007 11:37 PM

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6 replies to this topic

#1 NAV

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16,087 posts

Posted 10 September 2007 - 11:37 PM

Is this is a mess or what ?

"It's not the knowing that is difficult, but the doing"

https://twitter.com/Trader_NAV

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#2 atlasshrugged

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4,409 posts

Posted 10 September 2007 - 11:51 PM

Is this is a mess or what ?

i am hoping we fill the one at 143 first

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#3 BigBadBear

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Posted 10 September 2007 - 11:58 PM

Gap Sell is as sure a bet as it gets for today. We should be down at least 100pts 2day..whether we stay down or not is another question.

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#4 arbman

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19,504 posts

Posted 11 September 2007 - 12:15 AM

The world markets are just as busy as the US markets in these days and they hedge using the US futures. Currently, The breadth is still showing positive divergence while the selling is getting depleted for the very short term imho. I was thinking it is setting up an inverted H&S slowly to fill the gap for the next 2 sessions, then it can test lower until the FOMC next week. It either sells off or rallies thereafter, my guess it rallies, but historically the second half of the Sep hasn't been very bullish, especially if there are Q3 fund liquidations pending, I am sure there are now some too. So, I am watching closely how the volume is responding around the recent lows... - kisa

@qckisa on twitter