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Hey Michael,
Would it not be better to be on earth than heaven then? Here you can enjoy sex, marriage, grace and love and in Heaven, only grace and love? LOL
2bit
this is very healthy drop ...touches the channel where it breaks out from and on upward...text book case...
2bit
SPDPRO,
Just remember your reply to my post of May 7...LOL
2bit
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49931310
My advice is nothing is better than your own creation...especially when you make money from it..
I will eventually get rid of the charts I post and
replace it with my VBA driven EXCEL that only takes a
look at the market 4 times a day and I just enjoy life
2bit
We should be on target to OEX 500 by Friday...
2bit
Every one is expecting a down move...so it will be OEX 500 (SPX 1100) by weekend...
2bit
Mark my words...I am a blood sucker....
2bit
This is Feb 8 all over again...accumulate longs...bears will be slaughtered...
2bit
TSB signals on OEX and SPX and OIH...
AD issues say up but the bottom is not confirmed yet until OEX breaks 505 and OIH 107 to the upside. It will be clear next week.
2bit
Like the way it closed...at least for the next couple days it is a long play
2bit
Like the way it closed...at least for the next couple days it is a long play
2bit
Well, if it does not deviate too much from this point at closing a long is of greater probability of winning than a short for Monday...
2bit
OK Denmo,
very good, but how do you make a trade, if the market just goes up and down and around your mark...at some point you have to make a call, right?
2bit
Denmo,
You said couple of days ago that intermeidat and long term are coming down and now you are saying up...how can those trends turn in a couple of days...?? and
2bit
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50374045
Complements are good...trashings are good too...keep me on the toe....the trend has not changed yet until OEX 505 is taken out to the upside....just trade cautiously...and don't trade like NM..not to brag...some of my puts from OEX 520 were seven baggers..good luck
2bit
first stop OEX 505....
2bit
What did I say...I told you so folks...FXE bouncy bouncy...LOL
2bit
I think this is it for this burn...closing your shorts is not a bad idea...
2bits
This is close enough for a rebound...
lowest Advancing issues in 17 months..price deviates too far from norm..Aussie,Euro rebounding....sentiment at extremes...first shot OEX 510
2bit
Blasher,
not to rub it in...my puts are 5 folds now
2bit
Don't know what the comotion was all about..me ! an independent trader..I take no shit from anybody...just look at my record...it hits my target again...LOL
2bit
Shanghi, Hong Kong, Footsie, CAC indices all have gone into bear market territory....
2bit
T theory collapse,
Laundry "European problem were too much for the market to rebound. It is likely the market is just gradually rolling off the end of the big T above and headed into a panic sell off into later part June (20) via the null low concept."
Bulls beware, it is not your normal rebound scenario, sentiment is completely changed....
2bit
NM,
You see all these crazy option players all the time, case in point, someone bought 1000 OEX May 540 call for 0.1. In other words in two days, he is expecting the Dow to go up 600 points.
No wonder 95% of the option traders loose money. One of the golden rule is that you better be in the money if the time left is less than 2 weeks to expiration. The only exception I have seen was GOOG, it can go from 30c in the morning of option expiration day to 3000 by the close. But this does not happen anymore. Wonder why GOOG always do earnings annoucement just before option expiration.
2bit
As of closing today there is no buy signal whatsoever....it just may run down to Feb low 1060 OEX 490
2bit
there is absolutely no point to front run..the market will take probably 3 more days to stabilize. This is a down cycle of 19 days...now is at day 16...may be next Monday I will go long....
2bit
YRT1
It may be just for the day...text book trading 510 pivot short to 502 S1...there is no reversal until 510 is taken out to the upside..there is still a downside risk to s2 490 but since FOMC this aft may be it will not happen today...
2bit
Broken....
2bit
A swing day folks...sellers are coming out now....
2bit
I did not have a system at that time and kept losing...may be I should go back...but option is very profitable too...in a way I am shield from direct hit with option...and great leverage
2bit
Don't believe in any of those people, Futia, Laundry, and Palisadies and Evil, Knight and chart pattern guy...trust your own system and instinct......
2bit
It is swing day today gaps up and closes lower...more sellers should come out tomorrow...or not?
2bit
The HFT did the damage last Thursday...the market is obliged to touch 1050...sorry bulls...or may even pierce it
2bit
YRT1
It all depends on your trading time frame....if you are skittish cover at 30min MACD...if you are a swing trader...just put your feet up and let it slide....I see no good charts to go long whatsoever...
2bit
Hey NM
Like ur forecast for once...LOL
2bit
There is no buy signal yet...the resistance is OEX 523.56..NM
may just be right...exercise caution folks...
2bit