Search results

technically you`re right....a wedge is a rising or decending & eventually comes to an to an apex or coil. i should rename it & call it a decending channel on that previous 30min chart i showed.....thanks for pointing that out as it is significant. 15 min right now would be a triangle that...

that 54 TL was a nice lo risk sell......took a meager 2 point profit on it just so i could get out of here & run some errands. if we take out that 30 min TL.....i believe that wedge will come into play ..........looks like everyone i swaiting on non farm/jobs report before committing here...

es outperforming dow/ym.....mixed markets make for tough trading. evo: 30 min TL held us up & did`nt make it coast to coast like i`d hoped.......top of wedge right now. fib confluence plays big role at 44/45...not just because it` the bottom of wedge is a buy.

there are some great traders out there......but if you believe for one second that info is`nt bot & sld/favors being done on a regular basis,you`re mistaken. where ever big money moves,politics play a monster role & this is the largest casino in the world. i know all about hard work &...

looks llike they`re going to give us 44/45 confluence on a 15 min coast to coast move off 15/30 min wedge/sell bars....nasty ones at that. buyers need to step up there which i expect they will. overnite lo tested at 48.00

how about the greatest edge of all........inside info ahead of a # or upgrade/dpwngrade call.....it`s always nice to have a head start,especially when capital is`nt an issue. it`s very diificult to turn the other cheek to a big,fat envelope/brief case filled to the brim with benjamins.

Tice sure nailed that Tyco/Kozlowski call on the head & stood by it......while Kozlowski, DLJ & cnbc were busy doing damage control to the masses. i equate Tice/Shiff extreme to the 1000`s of always bullish extremists out there..............except the permabears get a slap in the face while...

looks like the gap went north 3 points....& only caught the top of my pyramid at 48.25......was looking for 44/45 on the overnight dip where the base of buy limits were sitting. buyers were eager & meant business down there in the 47`s & would`nt give it up again.

even though i expect a 3/5 point gap tomorrow ,i`v decided to get flat here at 50.75 from 47`s....& start with the clean slate.if the gap opens where i anticipate it to...i should be looking good going into the afternoon session......as of right now we``re sitting right on the fence of a 10...

buyers were certainly eager & anxious to get long down there but let`s see if they can keep bid into the close?

out of some of my 47`s at 50.75/51....looking for a higher move into tomorrow......with more to buy down lo @ 44/45 zone. edit: should we challenge 53/54 today ...i`ll kick the rest of my 47`s there.

major buy bar if we clear 50 here....hammer time for bulls possibly on that clearance. edit: they missed it again on that bar....OVB that is.

big time confluence at 44/45...& an obvious pivot where i expect buyers to be anxious & possibly early....starting to nibble longs here in the 47`s. edit:fwiw, rule 10 there at 46.50 from 56.50

if we clear 50 on this 15 mim bar.....we should rip north into tomorrow. edit: they could`nt do it on that bar...

yup...just like buying on .25`s......now the .50`s before the whole #. Es is just getting more & more efficient

57 is rule of 10 & 10 min TL.....possible inflection point?? edit: as well as the 15 min TL.....a little more significance on the bigger TF. lo risk sell entry...eventhough i`m bullish up to 68/69 & having kicked longs a bit too soon.

no need to sweat any trade...as long as your R/R is intact & your risk is defined with an out. no trade should be regrettable.....just another small loss is part of every day business.

looking like 47 to the tic may have been that spring borad swing lo we were looking for....we shall see. nice job mbusch....was with you on that one. :cool:

nice 3/5 min IHS on the 3 amigos.....looking for a move to 60 & possibly gap up.

bot tic from lo 52.72 & 53....kicked 55.75/56 or @ the 50% looking at next S @ 50.....47.....44 solid still looking for objective of 68/69 to be hit ......then quite possibly 79/80.........looking for that swing lo spring board that takes us there.