Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. out of aussie dollar at 6949. entered long at 6922 few hours ago. currencies starting to look weak. copper looking weak now, no where near that 2270 resistance..did some news just hit about miners ? oh wait, looks like moves are from bond market starting to show fear/risk off just now
     
    Last edited: Sep 29, 2015
    #10371     Sep 29, 2015
  2. probably a good time to cover
     
    #10372     Sep 29, 2015
  3. Pullback on S&P looks like another short opport.
     
    #10373     Sep 29, 2015
  4. romik

    romik

    Absolutely, weekly chart is very bearish, definitely sell rallies. 1725 SPX is very likely IMO.
     
    #10374     Sep 29, 2015
  5. WOW! That weekly chart looks ugly !!!!
     
    #10375     Sep 29, 2015
  6. Weekly charts on most major indices look the same, DAX, Nikkei, HSI all have the same weekly bear flag structure.
     
    #10376     Sep 29, 2015
  7. Well, I have been slowly moving my funds in the 401k back into stocks on down days. Still not all the way back in. I'm not going to try to time this thing much more I don't think though.
     
    #10377     Sep 29, 2015
  8. noddyboy

    noddyboy

    Do you daytrade your 401k or is this more of a multi-month view? I always find my 401k does the best of all my accounts!
     
    #10378     Sep 29, 2015
  9. they do, but everybody is expecting lower lows, which should lead to a bounce at least in the short term
     
    #10379     Sep 29, 2015
    classiccharts17 likes this.
  10. romik

    romik

    Price oscillates & trends persist.
     
    #10380     Sep 29, 2015