Inverted head and shoulders on the SPX?

Discussion in 'Trading' started by fantastic4, Jan 28, 2009.

  1. S2007S

    S2007S

    Just added TWM and EEV.
     
    #151     Feb 6, 2009
  2. Please post a screen-shot of your positions.
     
    #152     Feb 6, 2009
  3. S2007S

    S2007S


    I dont know why you dont believe me,

    I have TWM @ 68.43

    I have EEV @ 49.40


    Why would I make this up.

    I bought these 2 positions in the last 10 minutes and will be adding REW and MZZ on any surge going into the rest of the trading day. My target on the dow is still 7000. At that point I will probably sell nearly 75% of all my inverse etfs and start adding on the long side.
     
    #153     Feb 6, 2009
  4. dsq

    dsq

    Wouldnt it be easier and less time consuming to post the screen shot of your trades just to get him off your back?I mean he s been dogging you for a while with your calls,,,just get it over with...otherwise the doubt and doggin will continue most likely...
     
    #154     Feb 6, 2009
  5. Got the pullback to 853's missed my fill at 853.50 so took 854.00 fills. Now adding positions at 861.00 with my first primary target now at 855.00. :)
     
    #155     Feb 6, 2009
  6. Dogon566

    Dogon566

    Great posting fellow traders (amt4swa,dsq,fantastic4,mvic,s2007s and Landis82) .....it appears that collectively the sentiment is still bearish as the markets continue to move higher...currently the $SPX is at the 860 range approach the highs of Jan...there is resistance at this level...we will see if a pullback occur today.

    Secondly the market internals $VIX is rising (bearish toward the markets) on the 10 day 15min chart.
     
    #156     Feb 6, 2009
  7. 861.00 entires had a pullback to 857's only, so covered at 861.00 and entered new positions with the rotation to new highs at 865's and 866's :)
     
    #157     Feb 6, 2009
  8. dsq

    dsq

    amazing, s2007 disappears after asked for a screenshot of his 'trades'...same thing happened on a previous thread...
     
    #158     Feb 6, 2009
  9. Was able to get profit target fills at 861.00 for a portion of my positions on the pullback to 859's........entered some additional positions at 868.00 on that last end of day rotation up, so I am holding positions into the weekend. :)

    So far we still have that resting inventory zone above us at 872's to 875's that the market has not been able to rally beyond....so we remain in the multiweek range. We will have to see what the Stimulus Plan/Treasury news will be over the weekend or maybe on Monday to see the next markets reactions. :)
     
    #159     Feb 6, 2009
  10. I have asked him on NUMEROUS occasions to post a screen-shot of his bearish "inverse" ETF positions and he has failed to do so.

    Instead, he has nearly 8,000 posts on ET with one "cut and paste" article after another.

    Apparently, he has plenty of time to post "cut and paste" articles on ET and to boast of his profitable ETF trades and all sorts of bearish "calls" on the market, but for some strange reason he is unable to just ONCE, post a screen-shot of his positions.

    Very strange.
     
    #160     Feb 6, 2009