Inverted head and shoulders on the SPX?

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

  1. Dow 50 points off lows and surging.

    You been warned losers

    today looks like a green close

    China stimulus plan will work. Obviously they can't pass another. Employment prospects improving. Economy is stabilizing.
     
    #461     Mar 5, 2009
  2. GTS

    GTS

    Wow, you're like a bozo the clown childs toy - no matter how many times you get punched you just keep popping back up undaunted.

    How many times in a row can you possibly be wrong? Are you going for a new record?

    [​IMG]
     
    #462     Mar 5, 2009
  3. How are those calls of yours doing stock? What exactly does it feel like to be dead wrong on a daily basis? Did you graduate from high school or go the GED route?
     
    #463     Mar 5, 2009
  4. jfw215

    jfw215

    Hy AMT,

    How's your trading today? I had one short nq 1096 closed at 1078.5. got lucky :)

    JW
     
    #464     Mar 5, 2009
  5. converging to zero
     
    #465     Mar 5, 2009
  6. <object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/20ALhOMeGKM&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/20ALhOMeGKM&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object>
     
    #466     Mar 5, 2009
  7. people need to stop selling.
     
    #467     Mar 5, 2009
  8. #468     Mar 5, 2009
  9. Hello,

    I bought the test of the 685' to 681's the first time down today as that area was not yet neutralized....I had scalp entry fills at 684.50 and 683.50 which worked out. I then bought one more time on the second retest of that 685's to 681's with fills at 682.50 and 681.50 (as area still did not yet go neutral......was still holding on)....that has worked out for up to 5 point targets so far. I will not buy that level again as area was almost taken to neutral on last run down. :)
     
    #469     Mar 5, 2009
  10. Yes there is now some short inventory (not statistically significant) at the 703's to 699's that would most likely get neutralized with any decent rally off the lows......this would NOT be the most optimal area to sell on any bounce imo. Delta zone at 720's to 724's would be a better area going forward on a first time retest of that zone which held so far yesterday. :)
     
    #470     Mar 5, 2009