4 replies to this topic

[eminimee]

If NQ drops below 2160 and ES below 1544......we should get some momo to the downside....would mean we are in a 3 of C down....or something more bearish. PS...if a simple flat on spx...C=A at 1536sih....also a key number. Holding those support levels is bullish for a wave 4 bottom in place possibly

Edited by Teaparty, 16 October 2007 - 09:07 AM.

[eminimee]

Todays low has to hold...if it doesn't ..may mean the 1520 area is next





PS...Sold all remaining puts. Still short half of my ES second swing position taken at 69.50...stop on balance at 53.50

[Russ]

There is a gap around 1528 as Da Cheif has noted....Wed is the Bradley date too.

[NAV]

PS...Sold all remaining puts.

Great trade

Still short half of my ES second swing position taken at 69.50...stop on balance at 53.50

I am confused. Yesterday you said you hedged your puts by going long ES. How can you be short and long at the same time.

[eminimee]

I did and was stopped out at breakeven and went short at 53.25...with a half position Thought it would be too much to type so just called it one trade.... close to my stop now. HONEST!

Edited by Teaparty, 16 October 2007 - 10:07 AM.