firewalker99
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well... here we are... I sure as hell didn't try to short this, but I wasn't long neither
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well... here we are... I sure as hell didn't try to short this, but I wasn't long neither
firewalker99
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that's why I'm not shorting... tried shorting on the open but got stopped out
flat since then, should've gone long on the break ofcourse
black bear
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Least probable outcome is for the Low of a large range bar to be taken out within the next two bars
News will need to be bad for that to happen, if it does its a big short signal
News will need to be bad for that to happen, if it does its a big short signal
that's why I'm not shorting... tried shorting on the open but got stopped out
flat since then, should've gone long on the break ofcourse
so what you saying now fw, where would your money be for the rest of this week, say?
black bear
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heard he is pretty tight so it will probably be in his pocket, bit spare for new slippers because he can go through them in no time when he"s trading hard
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Phil Mibbutz
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On second thoughts, I should have just stayed in bed today. Men in white coats carrying large butterfly nets will be with me shortly.
black bear
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Here comes the men in Black
Stop Killers on the rampage
Stop Killers on the rampage
black bear
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Sorry was only joking all
Hell the things flying
at this rate she will be at the line by dawn
If this carries on can see them buying it all am before the news to allow for a bit of downside latter and be sat ontop of R going into next week
Hell the things flying
at this rate she will be at the line by dawn
If this carries on can see them buying it all am before the news to allow for a bit of downside latter and be sat ontop of R going into next week
black bear
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firewalker99
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heard he is pretty tight so it will probably be in his pocket, bit spare for new slippers because he can go through them in no time when he"s trading hard
probably more in my pocket than in the market
let's say I'll be threading carefully... remember this is a 'one-way-day' and will have caught many people offside
black bear
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Bit late in the day but...........
Good points FW
bit late in the day for smart ass"s
Ftse is a pretty reliable forward indicator imho, concede I do not trade dow much, but on a one way traffic day the ftse will not usually give up points on the Dow open = 10-15 max in my experience.
Its pretty usual for Ftse to back off if the Dows had a good pre-market session while the Dow tracts back to her previous days close or there abouts (local R or S)
Always found the Ftse hard to play on these kind of days because most of the time its reversal time on Ftse and tend to be offside as Fw points out
Over to FW for the Dow experts opinion :cheesy:
probably more in my pocket than in the market
let's say I'll be threading carefully... remember this is a 'one-way-day' and will have caught many people offside
Good points FW
bit late in the day for smart ass"s
Ftse is a pretty reliable forward indicator imho, concede I do not trade dow much, but on a one way traffic day the ftse will not usually give up points on the Dow open
= 10-15 max in my experience. Its pretty usual for Ftse to back off if the Dows had a good pre-market session while the Dow tracts back to her previous days close or there abouts (local R or S)
Always found the Ftse hard to play on these kind of days because most of the time its reversal time on Ftse and tend to be offside as Fw points out
Over to FW for the Dow experts opinion :cheesy:
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The trade I can see ......... ignoring short it cos it's high ... is to get under the dow pre-market for the ibm pop....... we are currently flat so no ibm premium appears to be in the price (at least ibm @ $125 does not seem factored in). Just a thought.......
Wonder what Oscar would do ...... ? He was telling disciples to short at these levels last week...
Wonder what Oscar would do ...... ?
He was telling disciples to short at these levels last week...The trade I can see ......... ignoring short it cos it's high ... is to get under the dow pre-market for the ibm pop....... we are currently flat so no ibm premium appears to be in the price (at least ibm @ $125 does not seem factored in). Just a thought.......
Wonder what Oscar would do ...... ?
what do you make of oscar, is he genuwin?, seems to make some good calls?
im holding out for the news first before i decide what im doing today, if we get good results and employment then im not trading today.........im up $550 for the week but yesterday i lost $430...........have not had a losing day for ages, was impressed with myself though for not moving my stop and being disiplined.
trader_dante
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Still need to see a break higher of 765 before I get bullish but not feeling so bearish anymore...
A huge deal of resistance between 765 and 800 odd.
It's really going to take something to go through here.
A huge deal of resistance between 765 and 800 odd.
It's really going to take something to go through here.
He's the man of the moment......
Oscar is pretty much like stocktiger ...but louder and more cramerican
Oscar's calling the market up not surprising given ibm... he too wants to get underneath* the market as you know........ maybe his low 1360's S&p futs dip has been seen since we tagged 1363 this morning and now 1369.
If me and oscar are saying buy the dip pre-mkt then it should be right
Today should then put you back on the winning path.............
* underneath in my language means buying market at discount ... or buying a dip
Oscar is pretty much like stocktiger ...but louder and more cramerican
Oscar's calling the market up not surprising given ibm... he too wants to get underneath* the market as you know........ maybe his low 1360's S&p futs dip has been seen since we tagged 1363 this morning and now 1369.
If me and oscar are saying buy the dip pre-mkt then it should be right
Today should then put you back on the winning path.............
* underneath in my language means buying market at discount ... or buying a dip
merrill lynch reported not so good, we need further good news for this to rise further i feel, any more bad and we could be falling today especially after such a rise in the markets yesterday.....like i said im only a shorter so i will not be going long, id rather wait and sit it out
if you are going long pre market, then right now there is a slight dip on the ym
if you are going long pre market, then right now there is a slight dip on the ym
black bear
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costs nothing to sit
QUOTE=jayjay121;420997]merrill lynch reported not so good, we need further good news for this to rise further i feel, any more bad and we could be falling today especially after such a rise in the markets yesterday.....like i said im only a shorter so i will not be going long, id rather wait and sit it out
if you are going long pre market, then right now there is a slight dip on the ym[/QUOTE]
Hi Jay
Sit and let the smoke clear, I am with you Jay accept for usual scalps
Its a good show
QUOTE=jayjay121;420997]merrill lynch reported not so good, we need further good news for this to rise further i feel, any more bad and we could be falling today especially after such a rise in the markets yesterday.....like i said im only a shorter so i will not be going long, id rather wait and sit it out
if you are going long pre market, then right now there is a slight dip on the ym[/QUOTE]
Hi Jay
Sit and let the smoke clear, I am with you Jay accept for usual scalps
Its a good show
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