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Nasdaq 2100...
Still long.
omandan...
Ya made it!
Welcome to IHub.
POKERSAM...
You're short LEN at 56 and KBH at 73.
We'll see how it pans out.
POKERSAM...
Do you really have the room to boast?
I watched you get smoked on your September puts and all the while you were getting spanked, you poo-poohed the longs who were doing just fine.
The market pulls back to support and you can't stop beating your chest.
Enough already.
I've only seen your work for a couple weeks and your average isn't anything to write home about.
BTW, just for grins, post your trades ASAP. This bs of fortunate to get them near the high of day is grade school. You asked someone else what they got and what they paid, yet you do not provide the same.
Best I can tell of smooth_shot, he's long since 2050 and you have a problem with that.
Still long in my current trade, down 2%.
smooth_shot...
Still long here,
from Aug.31st --- Nasdaq 2152 --- SPX 1220
2100 is my stop loss.
POKERSAM...
Yep, still holding long here.
Currently at a 2% drawdown from 18.62.
London.
POKERSAM...
Correct me if I'm wrong,
but those 2 posters are calling for your shorts to get torched. Am I missing something? You seem all to willing to promote other views that counter your position.
BTW, nice Week 1 at ABOB's:
http://www.atomicbobs.com/index.php?mode=read&id=79628
Vestor_2000...
Where do you get your COT info?
http://www.softwarenorth.com/trading/commitmentscurrent/
Thanks.
moo.
POKERSAM...
Regarding coming around to the view that we are facing a big decline
That hasn't been a sudden revelation. I've got a few friends over at the RB GE board, where many are retired. I sent this out 3 months ago:
http://ragingbull.lycos.com/mboard/boards.cgi?board=GE&read=85746
BTW, if you have the time, stop by AB and play the Survivor game. Quite a few very talented stock pickers. Great place to hone skills and pick up ideas. The competition is fun and the Grand Prize is a great Champion hat. A free contest to anyone who cares to enter:
http://www.atomicbobs.com/index.php?mode=board_info&board=4
POKERSAM...
I guess denmo and smoothshot are still bullish. I hope they don't hang on too long. Which is worse, being late or being early like me?
In this case, I would have to say early like you.
As for extreme, my trading style is to go "all in" long when my bias is to the upside. I'm sure you and I would both classify "all in" as extreme. This is the tactic I deployed August 31st with VERDX at 18.62 per share.
http://www.investorshub.com/boards/read_msg.asp?message_id=7637550
VERDX closed today at 18.69.
http://stockcharts.com/def/servlet/SC.web?c=verdx,uu[h,a]daclyiay[da][p][vc60]&pref=G
Nothing to write home about, but I'll venture to say I have faired better than your September puts.
As for 1060 by 12-16, that may or may not happen. I don't make such precise calls that far out. I will agree that we are topping out here and I also feel we are directly in front of a substantial decline. But not until we top.
Just my 2 pennies worth.
Yep...
Right here.
Hey smooth_shot...
I guess once they let me in, they'll let anyone in. LOL!
Good to see ya.
Me too. eom.
POKERSAM...
It didn't take me "hours" to put together that post. You actually made it quite easy.
It takes 2 to make a market and as long as you are short, you will be giving your cash to me. I don't find that sad at all.
http://www.investorshub.com/boards/read_msg.asp?message_id=7624999
BTW, you forgot to cover the stop loss question.
POKERSAM...
Au contraire Paul.
My 9-9 post(entered at 11:32, not 12:01 as you claim) is not wrong. It still has a "few weeks" and remains in play.
Your past few weeks worth of posts discouraging longs and going 100% short and buying puts were wrong. All wrong.
Beginning with your claim that this run will top out at 1225, 1230 max.
http://www.investorshub.com/boards/read_msg.asp?message_id=7577236
I really don't need to go much further back than late August. You've been dead wrong the last 2 weeks, shooting off your mouth at any bull that has come along. You could have come back here with some kind of congrats to the bulls type post, but your arrogant, in your face post to the bulls tonight sucks.
Did you get out of your puts at 1232?
http://www.investorshub.com/boards/read_msg.asp?message_id=7589686
No, you didn't. Now you have 2 helpings of puts that are underwater:
http://www.investorshub.com/boards/read_msg.asp?message_id=7659992
Your broken clock bear call will eventually be right, but for now, you're wrong. You blew it these last 2 weeks and you don't have the wherewithall to just say it. Defiant and arrogant to the end.
Disappering Friday and coming back Sunday night with an in your face post to all the successful bulls is wrong. Some lame excuse that you were out of town and couldn't get back til now is bs. With the amount of time you spend on these boards tells me that you could have at least waved good-bye before you left town. Clearly, you were in hiding.
Good luck to you Paul, but not until after I exit my longs.
Where is your stop loss?
What is the title of the Hurst course book. Thanks.
POKERSAM...
Hats off to J.M.Hurst.
Target for this run top out at SPX 1265 (+/- 5) over the next few weeks. RUT 700.
re:Da Boyz...
DaBoyz aka The Big Guys aka the 5 white guys that run Wall Street, are referring to the big Wall Street brokerage houses. Merrill, Goldman Saks, Morgan Stanley etc.
I took a day trip to the CBOT and watched the large SPX contracts being traded. Quite an experience.
Everyone in and around those pits watch Da Boyz for clues. It's true that Da Boys do what they have to do to conceal their motives. Once word gets out what Da Boyz are doing, the small fry do the same.
Don't get caught short above Nasdaq 2162.50.
2X-Be-Me...
I generally like to key off the SPX.
I traded long when I felt that down trend was over:
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]faclyyay[d30][p][vc60][iua12,26,9!lb14][j217...
Which index do you watch?
Thanks.
2X-Be-Me...
Again, I say it's all about one's time frame.
Is the down trend in force that you speak of, the one from 3-2000 to 10-2002? I agree with you that I do not see any indication that the down trend has returned.
In the mean time, I offer this chart with higher lows and higher highs which clearly defines an uptrend:
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$COMPQ,uu[h,a]dacayiay[df][p][v...
POKERSAM...
Still riding the bull here, still 100% long.
I can definately see the 3 pushes higher, with the 3 lower MACD humps on the SPX weekly. That tells me we are toppy.
However, I also see MA support and positive MACD crossovers on the daily charts.
While I believe this market is topping, I do not see any confirmation to justify shorting.
That being said, it's all about one's time frames.
The SPX has just ripped up 36 points to the upside is 5 sessions. Is there room for consolidation/pullback? Certainly. Scalp a couple points on the short side if you must, but IMO, we're going higher.
Has anything confirmed a top? No.
I'm not trying to pick a fight with you. Actually, I appreciate you. You seem very confident of your short stance and it is your confidence that drives me to search just a little bit harder to be sure of my long position. This 6 month SPX chart supports my stance:
http://www.ttrader.com/mycharts/display.php?p=36228&u=denmo83&a=denmo%5C%27s%20charts&id...
POKERSAM...
I agree with Carl. Watchout for those weekly neggy D's.
This is where my 1253 comes from:
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[h,a]waclyiay[d20000101,...
airedale...
My SPX 1253 target lines up pretty well with your target:
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]waclyiay[d20000101,20050902][pf][vc60][iua12...
I recall earlier this year...
Some here took a stab at Hurst analysis on gold.
I searched, but couldn't find it.
Does anyone recall their scenerio? I'm very curious, but can understand if it's too much work.
Thanks.
POKERSAM...
Not surprised by this move at all. Actually, I was counting on it.
http://ragingbull.lycos.com/mboard/boards.cgi?board=GE&read=87396
http://clearstation.etrade.com/cgi-bin/bbs?post_id=6795827&usernm=denmo83
Looking for SPX 1253ish on this move.
POKERSAM...
The 10, 20, 100 and 200dMA's were all regained today on the OEX.
MACD positive crossovers as well.
More upside coming.
Ted Burge at Stockchart's Public Chart's List does an excellent job of identifying support and resistance.
The trend is up. Don't fight it.
My denmo6 triggered a buy signal today.
re:Public Charts List...
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695
Gizmo...
When I questioned stockcharts about log vs. linear, the answer I got was use linear if the chart/ price movement is large vertically. That's why I used the linear setting.
POKERSAM...
When 2 people disagree, that what makes a market.
Moo.
http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]dacayiay[df][p][vc60][iua12,26,9!lp14,3,3]...
kenwong re:W.Yan...
W.Yan's system would actually still be short.
The 10EMA is at 50.32 while the BPCOMPQ is a smidge below at 52.30:
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$bpcompq,uu[w,a]daclyyay[da][pc...
Hey GLENO...
Is it really you!?!
Welcome to Ihub.
pegwatcher...
38.88(horizontal) - 38.93(20dMA) is support per Ted Burge.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQQ,uu[r,a]daclyyay[db][pb20!b...
re: Monday..
Markets are closed Monday.
2X-Be-Me...
Are you saying the company you work for had no way of stopping you?