M mu200411 Nov 15, 2007 #881 Status: Short position only. Strategy for today: Hold short position. Open long position at 200 - 250, 20 - 25, 40 - 50 points correction, then take profit at 100, 10, 20 points retracement. Set stop at the last low.
Status: Short position only. Strategy for today: Hold short position. Open long position at 200 - 250, 20 - 25, 40 - 50 points correction, then take profit at 100, 10, 20 points retracement. Set stop at the last low.
M Mup Nov 15, 2007 #882 You can see the bears Make or break point on the SPX.. We'll see how committed the bears , they need to bust the low as Rob points out.. Other wise they could be in a spot of bother... Attachments pw223259-66.png pw223259-66.png 65 KB · Views: 146
You can see the bears Make or break point on the SPX.. We'll see how committed the bears , they need to bust the low as Rob points out.. Other wise they could be in a spot of bother...
M mu200411 Nov 15, 2007 #883 Target near, wait for higher high to enter long position, the set stop at the last low.
M mu200411 Nov 15, 2007 #884 Long position entered. Prepare to sell when there is a lower low. Set stop at the last low.
M Mup Nov 15, 2007 #885 Quote from mu200411: Target near More... 5 min scribble like the 61.8% ...but i'll keep an eye on the 50% Attachments pw223259-68.png pw223259-68.png 43 KB · Views: 118
Quote from mu200411: Target near More... 5 min scribble like the 61.8% ...but i'll keep an eye on the 50%
M Mup Nov 15, 2007 #887 A bigger 120min Globex with the key targets on for the Bulls as Mu hinted at.. Attachments pw223259-69.png pw223259-69.png 56.7 KB · Views: 114
M Mup Nov 15, 2007 #889 Its 8 points of your low call That 1466 was 200% ext of wave a on my 5 min chart btw..
M Mup Nov 15, 2007 #890 A chart always helps... Attachments pw223259-74.png pw223259-74.png 45.6 KB · Views: 122
