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  • #96,841
  • May 15, 2009 1:49pm May 15, 2009 1:49pm
dbfusion good job on the short I shorted and 3 different areas so I am all good. If I were you I would take 70% of the profit oof the table and the lest ride with SL of +10 or so. i think the eventual place this thing is going is 1.34.
  • #96,842
  • May 15, 2009 1:49pm May 15, 2009 1:49pm
I never waited to see 1.3500 break today. i was out for some hours and 1.3460, nice!

I have closed some more shorts at 1.3470.

This is going to 1.3310/30 area, like I have wrote.

Now I will wait for some lines to be touched above or below to close some more shorts or enter again.

Will this to 1.3300 without stop, Yes it can, but time to open shorts was done already, now will wait for Monday.

GL and nice weekend.
  • #96,843
  • May 15, 2009 1:49pm May 15, 2009 1:49pm
Quoting dbfusion
I closed it 140+ pips

i see bullish diversion

and i am not greedy


have a great weekend every one

well done. have a good one.
  • #96,844
  • May 15, 2009 1:50pm May 15, 2009 1:50pm
Quoting The Fool
Hi Notch,

What can you tell me about your charting method? Can you please describe in brief?

Thanks
i'll pm you next week.
  • #96,845
  • May 15, 2009 1:55pm May 15, 2009 1:55pm
Quoting notch
well done. have a good one.
thanx buddy

you too enjoy your week end
I SEE YOU !!
  • #96,846
  • May 15, 2009 2:00pm May 15, 2009 2:00pm
S&P doing a little recoil north.. dont be scared..its expected..
those who can, do. those who cant, talk about those who can
  • #96,847
  • May 15, 2009 2:02pm May 15, 2009 2:02pm
Quoting gatorinla
agreed but all bets off if equitys dive...it still aint brokennnnnnnnnnnn... 84.20 current.......i already closed positions and waiting to reload..
I feel like playing both ways but with different lot sizes, net short.
The Thief of Wall Street
  • #96,848
  • May 15, 2009 2:07pm May 15, 2009 2:07pm
I hope you all had a good week. It was good for me. I'm out for now. Wish you all a nice weekend.

Best regards to all.
Greed and impatience are our greatest enemies.
  • #96,849
  • May 15, 2009 2:10pm May 15, 2009 2:10pm
I think this might be the live beginning of the 2nd wave of the crisis sell-off. "Sell in may and go away" (quotation needed, it's not mine but can't remember who said this first )
  • #96,850
  • May 15, 2009 2:10pm May 15, 2009 2:10pm
looks like bear is exhausted
1.3465 might hold
Some drink at the fountain of knowledge. Others just gargle !
  • #96,851
  • May 15, 2009 2:23pm May 15, 2009 2:23pm
Quoting plan-b
looks like bear is exhausted
1.3465 might hold
Well it is Friday so I am anticipating another run down to clear the longs.

I dont know how anyone can be confident on any direction at this juncture though as we are sitting right at the retracement point from the recent TL break.

If we dont see significant bearish momentum early next week plan for a wild ride into the 4000's.

GL
  • #96,852
  • May 15, 2009 2:33pm May 15, 2009 2:33pm
S&P top of coil.. down now? gotta get a close below 82 4 bears... cnbc people are saying 75... i got 82.31 on chart.. still 30 min left..
those who can, do. those who cant, talk about those who can
  • #96,853
  • May 15, 2009 2:37pm May 15, 2009 2:37pm
Quoting GrnEydGuy
Well it is Friday so I am anticipating another run down to clear the longs.

I dont know how anyone can be confident on any direction at this juncture though as we are sitting right at the retracement point from the recent TL break.

If we dont see significant bearish momentum early next week plan for a wild ride into the 4000's.

GL
No open positions currently.
Ofcourse nothing is certain but next week i will be looking to bet on that wild ride up
gut tells me 1.3740 and further above by this time next week but i could be wrong
Some drink at the fountain of knowledge. Others just gargle !
  • #96,854
  • May 15, 2009 2:37pm May 15, 2009 2:37pm
Quoting gatorinla
S&P top of coil.. down now? gotta get a close below 82 4 bears... cnbc people are saying 75... i got 82.31 on chart.. still 30 min left..
mine says 880.38
The Thief of Wall Street
  • #96,855
  • May 15, 2009 2:39pm May 15, 2009 2:39pm
Quoting Chicky
mine says 880.38
what platform?
those who can, do. those who cant, talk about those who can
  • #96,856
  • May 15, 2009 2:44pm May 15, 2009 2:44pm
Quoting gatorinla
what platform?
GCI - it is now shuttling between 880 and 881
The Thief of Wall Street
  • #96,857
  • May 15, 2009 2:48pm May 15, 2009 2:48pm
current 4 me 83.4 been 83/84 last 5m im close to cnbc number
those who can, do. those who cant, talk about those who can
  • #96,858
  • May 15, 2009 2:50pm May 15, 2009 2:50pm
last 10m we will know soon..
those who can, do. those who cant, talk about those who can
  • #96,859
  • Edited 2:51pm May 15, 2009 2:50pm | Edited 2:51pm
Ten mintues to eat the sls. I am helping brokers on this task.
The Thief of Wall Street
  • #96,860
  • May 15, 2009 2:51pm May 15, 2009 2:51pm
Quoting Chicky
Ten mintues to eat the sls. I am helping brokers on this task.
c if auto closes kick in
those who can, do. those who cant, talk about those who can
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