Another dip, another chance to make $$$

Discussion in 'Trading' started by makloda, May 8, 2007.

  1. CSCO reports tonight after the bell. Let's see what that brings and then uncle Ben tomorrow.
     
    #31     May 8, 2007
  2. S2007S

    S2007S

    csco tonight should be another catalyst for the bulls.....


    the fed meeting = free money$$ by now and wait......dow going to 13550+ tomorrow.
     
    #32     May 8, 2007
  3. Joab

    Joab

    I think you guys should DOUBLE UP !!!

    This trading stuff is easy as pie .... :D

    Euphoria, Euphoria, Euphoria ... :)
     
    #33     May 8, 2007
  4. uncle ben will be cautious as ever
     
    #34     May 8, 2007
  5. OOPS HAHAHAHAHA WEEEEEEE YAHOOOOO
     
    #35     May 8, 2007
  6. wheeeeeeee.... easy money wish I would have bought more. I took a nap and woke up just now, yahooooooo
     
    #36     May 8, 2007
  7. i think we pullback a ways now. not saying that the bull is done, but definitely think a correction in works.

    ill attach chart of s&p. notice since the brief penetration of rising channel last week, the s&p rose for 5 straight sessions; however, each session decreased in volume. a look at weekly chart shows down and s&p very extended above 20-week ma's.

    i shorted the s&p yesterday via the SDS in my ira thinking risk reward very good.
     
    #37     May 8, 2007
  8. I'm grateful I gave up "thinking" a long time ago :D
     
    #38     May 8, 2007

  9. Your positions dont count after the fact, at least not here on ET. Had you said yesterday, I AM SHORTING THE SP, then you have credibility.

    Are you can post you account snap shot, thanks for playing!
     
    #39     May 8, 2007
  10. Makloda, did you cost average in?
     
    #40     May 8, 2007