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Trade what you see NOT what you expect

  • #18,021
  • Jul 9, 2009 3:12pm Jul 9, 2009 3:12pm
Quoting jack.canadia
Based on the bounce from 6000 I agree as well. No idea if the stock market is finished the decline however the broken H/S patterns in the DJIA and Sp500 may prompt further downside to their projections (I calculated the DJIA to project to roughly 7600, there's a 50% level there as well).

Since the stock market fall has driven alot of GU's fall this week (dollar strength across the board), 642x may be a good area to try a short trade off the GU daily big 38.2% level (2.12 to 1.35) until finding support to long again.

Sry if any of the above was...
Excellent analysis bro! Your insight is very welcome.... I hope it won't be your last post here...
Patience + Discipline - Greed = Success
  • #18,022
  • Jul 9, 2009 3:12pm Jul 9, 2009 3:12pm
Quoting jack.canadia
Based on the bounce from 6000 I agree as well. No idea if the stock market is finished the decline however the broken H/S patterns in the DJIA and Sp500 may prompt further downside to their projections (I calculated the DJIA to project to roughly 7600, there's a 50% level there as well).

Since the stock market fall has driven alot of GU's fall this week (dollar strength across the board), 642x may be a good area to try a short trade off the GU daily big 38.2% level (2.12 to 1.35) until finding support to long again.

Sry if any of the above...
No Worries Jack you are most welcome I would like the price to get to 1.6420 I can can even see 1.6440 I will be looking for short seat later
  • #18,023
  • Jul 9, 2009 3:13pm Jul 9, 2009 3:13pm
Quoting davids
No Worries Jack you are most welcome
to david for the invite!
  • #18,024
  • Jul 9, 2009 3:13pm Jul 9, 2009 3:13pm
Quoting davids
Have you still got shorts running bro?
Yes... in and covered from 65... I'm still long too from the bottom...
Patience + Discipline - Greed = Success
  • #18,025
  • Jul 9, 2009 3:16pm Jul 9, 2009 3:16pm
Quoting Infinity
Excellent analysis bro! Your insight is very welcome.... I hope it won't be your last post here...
I invited Jack as he is getting annoyed with the cable thread, my cunning plan get all the people that know what is going in our thread
  • #18,026
  • Jul 9, 2009 3:17pm Jul 9, 2009 3:17pm
Quoting davids
I invited Jack as he is getting annoyed with the cable thread, my cunning plan get all the people that know what is going in our thread
Patience + Discipline - Greed = Success
  • #18,027
  • Jul 9, 2009 3:18pm Jul 9, 2009 3:18pm
Quoting Infinity
Yes... in and covered from 65... I'm still long too from the bottom...
Good luck with the trades bro I am flat atm I am looking at cheating with some other pairs just don't tell Pippinole
  • #18,028
  • Jul 9, 2009 3:20pm Jul 9, 2009 3:20pm
Quoting davids
Good luck with the trades bro I am flat atm I am looking at cheating with some other pairs just don't tell Pippinole
I wont... my lips are sealed...==
Patience + Discipline - Greed = Success
  • #18,029
  • Jul 9, 2009 3:23pm Jul 9, 2009 3:23pm
Quoting Infinity
I wont... my lips are sealed...==
Nice one bro I will catch up with tomorrow going to chill and watch some telly I may be on for Asia I find that nothing really happens until about 3:30am UK time
  • #18,030
  • Jul 9, 2009 3:33pm Jul 9, 2009 3:33pm
Someone just sent me this link regarding Ichimoku Clouds I know we don't use this but I thought it would be of interest

https://admin.na3.acrobat.com/_a777821181/p45719116/
  • #18,031
  • Jul 9, 2009 3:52pm Jul 9, 2009 3:52pm
Quoting davids
Good luck with the trades bro I am flat atm I am looking at cheating with some other pairs just don't tell Pippinole
You little . Sounds like you definitely belong in the cheaters and swingers thread.
  • #18,032
  • Jul 9, 2009 6:06pm Jul 9, 2009 6:06pm
Inserted Video
  • #18,033
  • Jul 9, 2009 6:25pm Jul 9, 2009 6:25pm
Inserted Video
  • #18,034
  • Jul 9, 2009 6:51pm Jul 9, 2009 6:51pm
And now...THE GREATEST R&R BAND of all time. I give you LED ZEPPELIN.

http:http://www.youtube.com/watch?v=73dvr...eature=related
Hi, my name is Barry and you can keep your doctor...
  • #18,035
  • Jul 9, 2009 6:57pm Jul 9, 2009 6:57pm
Quoting cisco
And now...THE GREATEST R&R BAND of all time. I give you LED ZEPPELIN.

http:http://www.youtube.com/watch?v=73dvr...eature=related
No doubt.
  • #18,036
  • Jul 9, 2009 7:17pm Jul 9, 2009 7:17pm
Quoting PippiNole
No doubt.


Think she is choosing?????

Where is Moe.....somebody go get Moe!
  • #18,037
  • Jul 9, 2009 8:12pm Jul 9, 2009 8:12pm
Quoting cisco
And now...THE GREATEST R&R BAND of all time. I give you LED ZEPPELIN.

http:http://www.youtube.com/watch?v=73dvr...eature=related
Just digging in the trenches like everyone else!
  • #18,038
  • Jul 9, 2009 8:14pm Jul 9, 2009 8:14pm
Quoting PippiNole
You little . Sounds like you definitely belong in the cheaters and swingers thread.

Just digging in the trenches like everyone else!
  • #18,039
  • Jul 9, 2009 8:15pm Jul 9, 2009 8:15pm
Quoting Infinity
Excellent analysis bro! Your insight is very welcome.... I hope it won't be your last post here...
I second this and couldn't say it any better. Your always welcome to post here.
Just digging in the trenches like everyone else!
  • #18,040
  • Jul 9, 2009 8:19pm Jul 9, 2009 8:19pm
I just bought at 6300..tight stop
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