Gotta love ZERO RISK in the SP500 = $$$

NDX's Next Trick: Holding 1825 as Support

By Chris Schumacher

About this article:
The NDX trade setup worked well -- except for not triggering entry. Next week, look for NDX 1825 to hold and create a breakout above 1855. A break below 1825 would be worrisome.

 

this guy is very bullish, he has been wrong many times before though.

I hope we bust right through 1825, if we do and the nasdaq falls below 2500 expect a move back to 2450

 

Go ahead and buy the pullback then...

 

The banks are getting KILLED today. That is not good for the SPX

 

Amazing how well the semis act in the midst of all this.

 

I DID I BOUGHT DDM. Didnt you read my post.

 

I know, out of no where as the Dow starts to weaken the semis finallllllllllllllllllly make a move. But the problem with that move is it didnt happen because they were over sold it happen because of ADI earnings. If it were not for ADI the semis would be under 450 now.

 

Semi's go and down goes everything.

 

<i>"Yawn.. is there any risk yet?"</i>

When the intraday charts are crystal-clear as they were this morning, there is always more reward than risk. Gotta love straight rally moves!

Weekend came early

 

So you're a huge net buyer today, right?

I mean, that HAS GOT to be bullish.