11 replies to this topic

[rkd80]

Something about that late day action that did not sit well, I am shorting both Er2 and ES. With tomorrow rosh hashana starting, I think this should be a good bet. Tight stops. ES @ 1473 ER2 @ 783.60

[relax]

don't mix religion with trading but i guess if it works for bin laden then it's worth a try;-)

[rkd80]

lol selling our new year and buying yom kippur is apparently a strategy. The shorting reason is technical, the religious phenomena is an added bonus. Although perhaps I am a tad early, since it only starts at sun down tomorrow.

[ogm]

Something about that late day action that did not sit well, I am shorting both Er2 and ES.

With tomorrow rosh hashana starting, I think this should be a good bet. Tight stops.

ES @ 1473
ER2 @ 783.60

What is it exactly you think was wrong today ?

MCO bounced back from zero line,
Broad advance,
Summations keep trending up,
Good internals,
Normal volume,
Higher highs/higher lows.
High put /call on a big up day....

Hmm.......

Edited by ogm, 11 September 2007 - 03:30 PM.

[rkd80]

low trin

[hiker]

OGM what Summation levels typify bull markets? I realize the Summations are improving, but do you consider them at a level that confirms an uptrend is in play...something more than a bounce off the low? or are you anticipating that the Summations will move back to a level that is typical of a rising market?

Edited by hiker, 11 September 2007 - 03:44 PM.

[qqqqtrdr]

low trin

Four day TRIN issued a Buy yesterday. It will at least take a couple low Trin days to generate a sell....

Barry

[Jnavin]

No volume on the NDX gap fill and Weird Wollie Wednesday nullify all other indicators.

[relax]

for jnavin so you think we head down for www/thursday or you think www will a top like last month cheers

[Jnavin]

Possibility of both: a top and then down.