Market will close down today

myminitrading · Aug 4, 2006

I know call me a complete nut.

indahook · Aug 4, 2006

i`ll play. (spx/ndx)

Throw back to resistance that becomes support on the gap. Test is successful. Then make another strong run until around 1pm. At that time things stop moving because "they" are all heading out here for the weekend.

good trading to you.

myminitrading · Aug 4, 2006

Humm still have 4 hours left, anything can happen.

myminitrading · Aug 4, 2006

I wish I would have listened to my gut. I am long 2 contracts in YM @11344.

I was just about to close out that position too.

Eliot Hosewater · Aug 4, 2006

Red now. Still 2+ hours to close. My DIA puts are looking better.

ssternlight · Aug 4, 2006

Quote from myminitrading:

I know call me a complete nut.

Buy the trumpets sell the cannons. Nice call nut.

kaihui · Aug 4, 2006

Market close down everyday at 4pm :-)

lwlee · Aug 4, 2006

Sometimes you feel like a nut, sometimes you don't. Mmmmm, almond joy.

Steelhead · Aug 4, 2006

that was a great call

i hope you rang the register today

bl82 · Aug 4, 2006

Nice call indeed.

Even with all the blood on my screen, given today's volatility, I wouldn't be surprised if the indices still manage to close in positive territory.