Since your first post here some 5 hours ago, your posting tally stood at 116, one of which was in Psychology, the other 115 being in Chit Chat. It's good to see you finally break out of Chit Chat, but I suggest you take a more subdued approach - remember, in Chit Chat you were papertrading, the Journals Forum is the real world.
strategy at the potential end of the short trade from 10.15 . should 9677 be broken, we will close the shorts and the next neo gann channel is 9703--9627. HOWEVER, it is still my contention that 9677 will prove to be aggressive resistance for the DJIA Just wanted to say nice call on the market, the 9677 area did prove to be a turning point today as the market tested it once and then the rally on could continue once that point was broken with conviction. I assume you are long the averages now. Also good call on GMH nice move today I picked some up at the 15.55 Happy trading.
we are taking profits here on the DJIA long entry @ 9740 cash equivalent. 9763-- 9697 is the next neogann channel. flat here. still short BBI and long GMH. best, surfer
the upper channel figure of 9763 is working its magic and holding the DJIA in the death channel here. we are FLAT at this time. best, surfer
we were stopped out of the longs, but are back LONG after the DJIA broke the upper channel figure again. holding here. best, surf
we are closing system longs here @ 9790. holding BBI short and GMH long. channel 9827--9773---- DJIA flat sorry for the brief snippets, will elaborate shortly. best, surfer
i have made the decision to circumvent the system here due to STRONG factors in play--- SHORTING heavily DJIA, SP 500, and NASDAQ. shorting 2 minutes before equity close at 4 NY time. this is classic and i am going for it ! SHORT ! surfer:eek: