Discussion in 'Trading' started by makloda, Jan 27, 2007.
Yes it is.
great call makloda, if there is a gap up and then another hard selloff this could be what the bears want, however in order for this to be anything we need this to follow through into early next week.
Two weeks ago we had that hard selloff on that monday, believe that was the week the federal reserve was meeting. Fast foward to the end of the that week and most markets were nearing highs again.
The market has had small pullbacks like today 5 times since late december 2006 and everytime it has fallen like it has today it has achieved new record highs.
t28 t280 or T WHATEVER! Did you catch that ??????? We are still waiting for your #'s?????
Looks like $27K for today. Respectable. So, what changed your mind so much that you decided to trade against the premise of your own thread?
Good points, and like you said, the FED head is Jewish.
And i will take your word as a pro trader it is above70dma
Not necessarly correlated very well with SPX/SPY as some think ;
but QQQQ had a nice downtrend day[friday], closed below 50dma.
If it wasnt such a n uptrend as measured by most moving averages;
may have considered holding shorts longer than friday about 12 minutes after 12;00 noon/central-chicago time
Like clock work a nice gap up in the Vix, every monday it gaps higher, sometimes 5%.
... like clockwork: Short ER 810.50 = trailed out 807.50 +3pts
Bottom & rally all day or cave in to new recent lows from here, we'll play it either way
Sweet, just covered NQ and went long in true dip buying fashion
How is that going?