Search results

Yup. I already see some stuff pointing down. But, other short term stuff pointing up. Staying out until the market figures out what it wants to do.

You were right I was wrong. Good trade. ___________________________________________ 08-11-11 11:58 AM Quote from startraitor: long to 1180+ 71-89 are the highs of the last few days. So you are anticipating a breakout after this 50pt move?

Oh good, if you are still in it then IMO you are good. But, I am only right about half the time. lol

Short 1160.25 Stop 1170 Target 15pts or EOD

_______________________________________________________ Sorry.

I am looking at sideways to slightly long through the lunch and then most likely down in the afternoon.

Im not in. But, I like this play. It makes sense inside this range.

71-89 are the highs of the last few days. So you are anticipating a breakout after this 50pt move?

Maybe 60

Looks like I missed it. Ill have to wait all day to get in.

I am hoping to get long in the 1119 area. I guess we will see what it does. I was hoping for a better setup at the opening bell. Now I wish my rules allowed me to trade the overnight. My strategy seems to kick in many times between 5-8am est. Oh well...:)

Wish I had caught it below 1110

I think I will do the opposite.

Get up and leave for lunch and it crashed. Thats what I get for trying to get a longer time-frame trade in. Could have sworn it wouldn't go below 19. But, then again I am just a newbie.

08-10-11 01:02 PM Quote from JSHINV: Just hope upside happens before my stop is hit - may very well will be hit. But, you want to play you got to pay. Also, I think 60 will take much longer than 50. I think we will see 50 soon and then 60 a good while after that...

Consolidation....38ish is now support. Moving through moving averages is tough.

agreed. topping off at the 50sma on the hourly while making higher lows on the 15min. Just a matter of time before it breaks the 50sma hourly and heads higher. A lot of waiting going on. Insignificant at this point Federal budget balance numbers coming out at 2pm est.

I think vodka and mojitos are a better bet. :)

We are at the beginning(maybe) of the turn around. Either get in and out or widen the stops.

New Post 08-10-11 01:21 PM Quote from letemrun: yes, i wonder if peter schiff has been pouring gold infused champagne all over midgets in his offices? http://www.youtube.com/watch?v=2I0QN-FYkpw Wow they were laughing this guy off like he was a loon. He called GLD at like...