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this is first leg of a downward correction. Probably ends at 1205 area then up to 1210 then down to 1195, then up again.
anyone speak English?
Is today a shortened trading day?
Is today a shortened trading day? anyone? T/A
looks like we are getting a 5th from yest low on s and p right now.
sold my nq into the opening gap and run (i always sell minor gap and runs) now looking for a possible turn down to 1193 then 1190 for spx and somewhere near 1575-85 ndx to reestablish longs. If we run up will not chase em. Have orders in lower to buy. No short orders higher yet. todays high needs to hold for a possible run back down below todays lows.
michael,
was hoping i would get a fill on ES at 1188-90 area as i have orders there. But maybe we get some bad news in the a.m. and get one more spike down and i will get them.
had to run for a couple hours, got another fill at 1596 nq. so got 3 postions longs 1596-1605 nq, should go up for a couple days
last little down wave here then up imo.
add nq 1602
spx looks like it could hit 1187-92 area first.
thinking we bottom today or possibly early tomorrow then up rest of week.
aj,
just having a little fun. I'll back off. lol.
starting a long at 1605 nq
ajtj,
wouldn't want you to live next door as i have a cable modem also.
Merry Christmas to all here and hoping everyone had a great year! Good luck next year!
i think the s and p for instance can fall about 10 points to upper 1180's low 1190's for a decent buy short term.
i do have have support and resistance targets but those are not necessarily trading targets.
i don't use exact targets as they restrict one to reacting to the situation. i can tell i went long After hours Friday and sold the pop this a.m. and just covered a small short and now will wait for a long opportunity if we sell off more. Trading NQ
see previous post. bingo.
This looks tentative, think we get a reversal down sometime today/tomorrow then rally
Hey Michael,
Can you check max pain for intc for me next month.
michael,
why can't you do your own work?
See Merck.
Mandatory expensing options is gonna kill the market for awhile here.
Expensing options now mandatory for techs, should give us a nice selloff. Sold longs and went short today.
just two people,
thats not so bad.
jrintl,
I guess you are gay then?
yeah South Beach jrintl.
If you are gay, you'll find plenty of dates.
Why would one use TD waterhouse in the first place? Just asking for trouble
Well i covered ndx short at 1578 as i said last week i thought we dip to 1570-80. Been long since 1585 and will sell by Tues or Wed then most likely short again.
lee how many contracts you shorting at one time?
how are they gonna know what you are using the loan for????
looking for a move in ndx to 1570-80 to cover shorts there.
sold es at 1183 bought yest at 1179 and this am at 1177.
a compliment, later boys
jjgayboy,
I told ya yesterday, we were not breaking out. That is why i posted. Did just take a small position at 1179es for a bounce though.
uh huh. tell me when we hit 1205
Hey jj bozo,
"deally, the pattern will form with 6 points (3 on each side) before a breakout occurs. "
Thanks for proving my point!!
Anyone ever see "dumb and dumber" JJ reminds me of them.