Edited by A-ha, 01 October 2007 - 02:48 PM.
loaded for a sell off
Started by
A-ha
, Oct 01 2007 02:47 PM
18 replies to this topic
#1
A-ha
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Posted 01 October 2007 - 02:47 PM
shorted NQ starting @ 2132 gradually ...we gonna get a tradable selloff here
#2
relax
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Posted 01 October 2007 - 02:55 PM
aren't there just too many expecting it right now
even da monkey is screaming double top
down to 1.525 maybe - would not expecting anything more before friday
#3
mss
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Posted 01 October 2007 - 02:56 PM
Would you give some suggestions as to when and why you think so?
Thanks,
mss
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#4
beardown
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Posted 01 October 2007 - 02:58 PM
maybe not until the second half of the month 
#5
arbman
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Posted 01 October 2007 - 03:02 PM
I hedged with the MNX puts...
I agree, the implied volatility on Qs was the tell...
#6
A-ha
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Posted 01 October 2007 - 03:04 PM
Would you give some suggestions as to when and why you think so?
Thanks,
mss
it already started ... NDX cash 2120 was the top...
Edited by A-ha, 01 October 2007 - 03:04 PM.
#7
eminimee
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Posted 01 October 2007 - 03:10 PM
Got a little higher than expected....but breakdown is coming.
#8
IndexTrader
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Posted 01 October 2007 - 03:14 PM
Would you give some suggestions as to when and why you think so?
Thanks,
mss
it already started ... NDX cash 2120 was the top...
A top? Maybe. THE top...I doubt it.
IT
#9
Russ
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Posted 01 October 2007 - 03:20 PM
Got a little higher than expected....but breakdown is coming.
Maybe a short term pull back but this has more room to go up on the weekly.
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=5&g=0&i=p51924391883&r=9778.png
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#10
A-ha
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Posted 01 October 2007 - 03:23 PM
A top? Maybe. THE top...I doubt it.
IT
not the top but tradable top... imo, THE top (for a 15%-20% plunge or a cyclical bear market) is not far away either...
i do not want to jix by giving the number now but i strongly expect a %20 correction off the next swing top which I think is not far away from where we are today
Edited by A-ha, 01 October 2007 - 03:24 PM.
