S&P has had it ! Intermediate term top right here !

Discussion in 'Trading' started by ghostzapper, Jul 20, 2007.

Did the S&P make an intermediate top @ 1555.9 ?

  1. Yes I agree

    49 vote(s)
    40.8%
  2. No, I don't agree

    41 vote(s)
    34.2%
  3. I don't know / I don't care

    30 vote(s)
    25.0%
  1. lol, i meant the folk who bought off you must see your same numbers in own acct pnl... just that his are painted in red, innit. ;-



    good trading
     
    #151     Aug 6, 2007
  2. Knew it meant something that was not a slight !

    good trading to you too
     
    #152     Aug 6, 2007
  3. Nice work Pabst !
     
    #153     Aug 6, 2007
  4. yep, and that bloody candle...

    ?
    :(
     
    #154     Aug 6, 2007
  5. Thank's bro. The profits from my index longs were relatively modest but my losses had I stayed short would have been dramatic. I'm short Bonds so I had to stay a bit underleveraged on the long side of stocks. After all Treasury strength and equities weakness are virtually 100% correlated these days.......
     
    #155     Aug 6, 2007
  6. what you thinking of in terms of short into the fed announcement today?? i really dont see how a rate decrease is possible, and i think the street thinks it is coming, but with the market down so much it seems dangerous.

    I am willing to go ballsout and say short into fed = money, but if its wrong it will hurt real bad real quick.
     
    #156     Aug 7, 2007
  7. S2007S

    S2007S

    market at intraday highs ahead of the announcement.

    Going to get very volatile in 3 minutes.


    13700+ is possible.

    13250 is also possible.
     
    #157     Aug 7, 2007
  8. I suck i called this a week ago on ET and could not make any money off of it cause i stopped myself out for the day on a shitty short early =( whatever atleast i had the discipline to follow my rules.
     
    #158     Aug 7, 2007
  9. you still holding shorts GZ or do you hold any significance on this reversal???


    I suck, i handed the market money like michael jackson at the childrens festival today......, short 15000 imcl between 11:35, and 11:45 eastern.

    I got hammered on like a whore on payday =(
     
    #159     Aug 7, 2007
  10. ghost you still out there?


    tough junction here:

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1559464>
     
    #160     Aug 7, 2007