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#1 selecto

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Posted 04 November 2007 - 11:26 AM

:unsure:

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#2 Rogerdodger

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Posted 04 November 2007 - 12:04 PM

Thanks Mike. Good simple chart (for us simple guys). :D Compare it also to 60 min $SPX:$VIX with a 5 sma. Crosses with the MA look good as well as going with the direction of the MA.

#3 Islander

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Posted 04 November 2007 - 12:11 PM

Love to believe it. I am long the 2x based on just volume pent up last week. Islander.

#4 selecto

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Posted 04 November 2007 - 12:19 PM

Yea, I'm short DXD from Friday afternoon but very ancy about the trade as I think we are just about to have a choque grande.
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Edited by selecto, 04 November 2007 - 12:24 PM.


#5 Russ

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Posted 04 November 2007 - 12:21 PM

Good charts. Are you sure you believe what you are saying though. ;)
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#6 VolPivots

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Posted 04 November 2007 - 12:30 PM

Another idea...
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#7 ogm

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Posted 04 November 2007 - 12:30 PM

VIX will reach mid 40s on this decline.

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#8 gti_99

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Posted 04 November 2007 - 12:33 PM

Yea, I'm short DXD from Friday afternoon but very ancy about the trade as I think we are just about to have a choque grande.
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Hi, selecto, are you "short the DXD", meaning expecting the DXD to do down (Dow to go up), or short the Dow with DXD long? Thanks.

#9 selecto

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Posted 04 November 2007 - 12:41 PM

qti, short dxd, expecting some kind of intraday dow pop, but I am the bear in here, longer term.

#10 gti_99

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Posted 04 November 2007 - 12:44 PM

Ah, thanks for the clarification. Appreciate it.