17 replies to this topic

[NAV]

on ES and YM. Shorted YM @ 14135. This is in addition to the OEX puts that i bought on friday. If the market invalidates this hourly sell and displays strength, then OQM and Denleo are smarter than my indicators . I will have to close everything and join them on the bull side. Just kidding folks ...

Edited by NAV, 09 October 2007 - 12:06 PM.

[MacRo]

I was looking at the ten-day moving average last night, and it is a perfect reverse duck tail and pheasant. I just bet the ranch

[NAV]

The bull darlings GOOG, RIMM and AAPL also seem to be a bit soft today. The NYSE intraday A/D line looks neutral. If bears cannot take it down hard today, it's time to say adios to my shorts.

[Cirrus]

I just bought some ITM QQQQ and IWM puts FWIW. I'm not looking for a big move down, though. I have plenty of longs--mostly in energy and resources and I just wanted something to go along with my LT retail shorts for a trade if we get a swoon.

[Drano]

Equity-only put/call was at .54 last time I checked.

[denleo]

NAV, even OGM is looking for a pull back. I am all alone here. Denleo

[eminimee]

Wave count maybe saying that there will be a brief positive reaction to the minutes....then swoosh.

[NAV]

Stops at intraday highs on all my shorts. If today morning highs are taken out, it will invalidate my hourly signal and we could rocket higher very fast.

[eminimee]

http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=0&dy=17&i=p51122528271&a=118913201&r=9686.png

[ogm]

NAV, even OGM is looking for a pull back. I am all alone here.

Denleo

I'm still bullish, though And I'm not selling stuff, except the one that already moved to where I thought it was fair game to lighten up. But I do have fear of heights, like everyone else