Jump to content



Photo

OGM was right...


  • Please log in to reply
6 replies to this topic

#1 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 19 October 2007 - 08:34 AM

that wedge did break up.....but alarms are still going off ...even a much louder. Hell...maybe it's a sign of real strength that I'm refusing to acknowledge at this point. I'm bullish LT....just don't think we are headed up in a straight line and that we need some more downdown. Maybe more than people think.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=8&mn=6&dy=0&i=p12107110695&a=107023022&r=7790.png

Edited by Teaparty, 19 October 2007 - 08:41 AM.


#2 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 19 October 2007 - 08:37 AM

absence of strength today. GOOG run is marking the near term top? yes, I now remain short GOOG from pre, so would love to see it move back to 643.50 that I bought last night AH pullback. more swing points in 18 hours GOOG than a week plus

Edited by hiker, 19 October 2007 - 08:38 AM.


#3 dowdeva

dowdeva

    Member

  • Traders-Talk User
  • 525 posts

Posted 19 October 2007 - 08:53 AM

absence of strength today.

GOOG run is marking the near term top?

yes, I now remain short GOOG from pre, so would love to see it move back to 643.50 that I bought last night AH pullback. more swing points in 18 hours GOOG than a week plus



Out of GOOG at the bell. Looking to short at some point, but think they might throw a curve next week.

D

#4 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 19 October 2007 - 09:11 AM

i think good finished a 5th and is headed to 580 area

#5 chris3403

chris3403

    Member

  • Traders-Talk User
  • 35 posts

Posted 19 October 2007 - 11:29 AM

absence of strength today.

GOOG run is marking the near term top?

yes, I now remain short GOOG from pre, so would love to see it move back to 643.50 that I bought last night AH pullback. more swing points in 18 hours GOOG than a week plus



Out of GOOG at the bell. Looking to short at some point, but think they might throw a curve next week.

D

DD help me out here, other than to lock in some very good profits why did you sell it at the open?
I don't see any breaks of FLD's or VTL's. What am I over looking?
thanks,
chris

#6 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 19 October 2007 - 04:29 PM

643.50 arrived before the close, and after the close.

#7 dowdeva

dowdeva

    Member

  • Traders-Talk User
  • 525 posts

Posted 22 October 2007 - 09:27 AM

This is the bounce I was waiting for. Let's see how high they can take it. Also, 10 week low too consider - should be strong move out of that. Calls concentrated in 640, 650 strike price. ~D