Jump to content



Photo

Keep it simple...


  • Please log in to reply
2 replies to this topic

#1 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 11 September 2007 - 08:27 PM

That defines an uptrend.. I see we've got bears up the @ss again in tonights polls. We're going up folks. I thought perhaps we'd go down with some weakness today, but nope. Looks to me like uptrend about to extend in a big way.
Qui custodiet ipsos custodes?

#2 rightside

rightside

    Member

  • Traders-Talk User
  • 237 posts

Posted 11 September 2007 - 09:39 PM

That defines an uptrend..

I see we've got bears up the @ss again in tonights polls. We're going up folks. I thought perhaps we'd go down with some weakness today, but nope.

Looks to me like uptrend about to extend in a big way.


Looks like I will be making a market for you on the short side tomorrow am. My models are showing several high probability shorts at the close today. I am flat until tomorrow....anything can happen!

Best,

RS

#3 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 11 September 2007 - 10:13 PM

Bears had their chance 2 days ago, and it went nowhere. I think Teaparty's count is correct, we are at the start of wave 3 UP, targetting SPX 1600+... But start small, and scale in if you're chicken like me. If its a 3 UP, we're not going anywhere near today's lows. So your risk is small, potential gain is big.
Qui custodiet ipsos custodes?