SPDR S&P 500 (SPY): I was not able to pick that up; was it o...

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Re: 2X-Be-Me post# 4343

Friday, 01/26/2007 2:55:01 PM

Friday, January 26, 2007 2:55:01 PM

I was not able to pick that up; was it on daily chart and what ADX setting you are using? Mine is DMI 14 ADX 14, I will be very happy if you can post the chart or link, or settings. I am always looking for some good indicators and there unique knowledge.
I still think we might test 42.80 but that should be a reversal day. Other wise it is a trend change. Market maker do not make money in trending market they make twice in between periods.
As short term trader that what I look far. I went long again 43.52 now looking for same but may sell early.
We are not out of the woods; weak bulls have been flushed like they did to weak bears.
Thanks for sharing. Good luck.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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