New numbers for today. They blew right through our long for today so I had to adjust for that. This is not out of the ordinary. New Long 1272.25 New Short 1267.75
My orders are set if 1272.25 gets hit now I will be in long. This should be good today. IBM is up, QQQQ's are up and we are up. So get ready to rock. I amy go for more than 2 points this morning. Good Luck, 4re
This from Yahoo Finance: 09:00 am : S&P futures vs fair value: +5.2. Nasdaq futures vs fair value: +9.8. Stage remains set for the indices to open on a strong note as investors come to grips with the fact that fundamentals haven't changed nearly as much as market sentiment. Despite very little in the way of corporate news and no economic data on the docket to set the tone, the fact that selling has extended beyond a fundamental reaction to an extra 0.1% on the core CPI and left stocks at very reasonable valuations could be warranting the market bottom that many on Wall Street have been looking for to get back into stocks.
Good job, Dude Did you take the trade you called yesterday? I got in at 1272.25 and got out at 1274.75. I still think we will go higher but I wanted to bank some money. I am currently watching the live S&P index also and if we break the high of Friday which is 1272.15 I think we could have a nice up day today. I will not trade anymore today but will still be watching adnd chatting here while doing paperwork.
Yes, I put on a big position this morning using 25% of my account so I don't need to trade anymore today.
Missed the first. Took the second. The behavior this morning is really strange. The pace should be quicker given where we are, one reason why I let the first one go. But there may be more here.