anyone smart enough to load up on Fannie Mae. Those guys hide paper better than anyone, after all they are like the govt.
Since it is quiet here, I will post my live predictions from the chatroom: Pekelo (Aug 31, 2007 10:33:23 AM) we had the big top at 10 and now pulling back into 11 am Pekelo (Aug 31, 2007 10:33:52 AM) we should have a low around 11am or hitting the bottom W R% --------------------- Pekelo (Aug 31, 2007 11:10:38 AM) W R %bottom got hit Pekelo (Aug 31, 2007 11:11:51 AM) so ADU play would go long now for 50-60 mins Pekelo (Aug 31, 2007 11:12:15 AM) signal was both the 11 am and the W R% hit ------------------------- Pekelo (Aug 31, 2007 11:15:12 AM) we should reach 1475 Pekelo (Aug 31, 2007 11:39:45 AM) here comes my 1475 target Pekelo (Aug 31, 2007 11:45:20 AM) we hit the top W R% that was the exit signal from the long, about 5-6 ES pts --------------------------
princessa u r correct...never open your mind ...stay with the crowd...that is the safe box....can you find the ignore button and then you don't see the truth......
Pekelo, Let me test your technical prowness with a question from the attached chart of the SPX: which 50 day moving average will stop the current rally? the 50 Exp. Moving Average, or the 50 Simple Moving Average? Jeff
word on the street is after lunch is over, sell programs are going to send this back to the gap :eek:
im a little off sometimes which is why I dont post daytrades. normally im correct on day to day things.im really great on intermediate term cycles. here: http://www.elitetrader.com/vb/showthread.php?s=&postid=1572370#post1572370 show me a person anywhere who made that call.Im not talking about ET, im talking anywhere. case closed blackguard