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Going out on a limb


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#1 eminimee

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Posted 31 October 2007 - 02:16 PM

Goldman topped the market...not THEE top...just "a" top. I want to see ndx back under 2225 by close.

http://stockcharts.c...6523&r=6781.png

#2 ogm

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Posted 31 October 2007 - 02:21 PM

Agree. I think QID people just capitulated in force. Haven't seen so much downside volume hit it in one hour before. I think they were holding, and holding and holding, and now gave up. GOOG, etc keep plowing ahead but stretched pretty bad already, though ISRG and BIDU didn't make new highs here.

#3 MacRo

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Posted 31 October 2007 - 02:21 PM

Tea, I think you have the right idea. Best of skill.

#4 isaac613

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Posted 31 October 2007 - 02:37 PM

If ndx closes above 2225,you think we go much higher. Are you covering your shorts on it?

#5 eminimee

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Posted 31 October 2007 - 02:51 PM

on top of 2217 is a potential breakout on the weekly....I want a fake poke

I'm not short ndx or q's...I'm waiting for failure to go short...if it ever comes.

:blush:

http://stockcharts.com/c-sc/sc?s=$NDX&p=W&yr=7&mn=6&dy=0&i=p87580900933&a=80889979&r=497.png

Futures may continue to squeeze after 4..

Edited by Teaparty, 31 October 2007 - 02:46 PM.


#6 eminimee

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Posted 31 October 2007 - 03:10 PM

Now I'm short ...via Q nov 55 puts at .95 cents... edit....and now OEX via weekly options...720 puts at 2.50. No futures until the morning.

Edited by Teaparty, 31 October 2007 - 03:12 PM.