16 replies to this topic

[hiker]

how can you be bearish TEA when the 120 min ES support t/l off the Aug 16 low has held today? yeah, I know anything is possible in coming days. just curious... AND it remains uncertain whether we close today below last week's SPX low. I am long a full pos SPY from near lod.

Edited by hiker, 15 October 2007 - 01:41 PM.

[eminimee]

how can you be bearish TEA when the 120 min ES support t/l off the Aug 16 low has held today?

yeah, I know anything is possible in coming days.

just curious...

AND it remains uncertain whether we close today below last week's SPX low.

I am long a full pos SPY from near lod.

I dunno....maybe I woke up on the bear side of the bed...and yes...I see it held..and I know where to get out.....for now...I'll let time tell the story.

[MacRo]

the best times to be short are always the times when experienced traders are being told they're "nuts" to be short...

[eminimee]

PS: The main reason I'm hangin' in ....is that after an ED breakdown...a common target for the move is the previous 4th.....and that's at 705 ish no matter if I use my bear or bull count.

I'm also concerned ndx may have a more substantial top in than realized....twt

http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p07655536157&a=90787100&r=3572.png

http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=0&mn=8&dy=0&i=p06598535078&a=79222312&r=3239.png

Edited by Teaparty, 15 October 2007 - 02:00 PM.

[eminimee]

The bovine don't want to see todays lows get taken out

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=16&i=p30316782351&a=106624082&r=9911.png

[linrom1]

PS: The main reason I'm hangin' in ....is that after an ED breakdown...a common target for the move is the previous 4th.....and that's at 705 ish no matter if I use my bear or bull count.

I'm also concerned ndx may have a more substantial top in than realized....twt

http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p07655536157&a=90787100&r=3572.png

http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=0&mn=8&dy=0&i=p06598535078&a=79222312&r=3239.png

As the saying goes "stick a fork into this." What a nice chart. Tea, are you also also artistically gifted?

[vitaminm]

Learn't these nasty gambling skills from you. Bought some Oct 725 OEX calls at 4 bucks. Not a big position. But risking 1% of my account. Pure gambling. I wanna experience the ecstasy of the OPEX payday that the cheif keeps talking about. Cheif, make some sacrifices for me

Nav,

Why not buy YM instead Oex call for nearly same price?(5call = 1ym)

5min buy ........R@14100

Buy signal did about 50-60 points gain!!