POLL: Monday's Open

[daniel_m]

Quote from tampa:


Is this the kind of riviting "professional traders" talk you mentioned in another thread?

what's up tampa? come here trying to get one up on wall st of a lazy sunday only to be let down?

FYI - this isn't "professional trader" talk, it's bullshit - of course, that's just my humble opinion.

guys, for professional trader talk, be sure not to miss your copy of the daily skirt...

 

[TGregg]

Quote from H2O:

TGregg,

How do the results match your current position ? (correct me if I'm wrong.....)
Did you not feel to certain about it and wanted to gain confidence by hearing other peoples opinion ? If so, learn your lessons :

1. If you're daytrading, DON'T take positions overnight
2. If you're not daytrading but you don't feel good in a position, exit, even if it's at a loss (Good for your well needed rest)
3. If you're confident about your position, don't listen to what other have to say (Other than Greenspan etc.)

I appreciate your concern. While I do have a swingtrade on, it has rules written in stone for exits, and will not be influenced by something as meager as a (more or less) random poll of anonymous users of undetermined ability. I mean, how unscientific can one get? .

Originally I suppose I hoped that posts would eventually evolve into T/A and maybe even fundamental discussions. Later, I realized it might be fun to have a "mockicator", our own tongue-in-cheek very short term forecast. Maybe we could get CNBC to post it every morning . We could call it CRLI for Completely Random Leading Indicator.

 

[nitro]

Quote from trader963:

dude ,


this market is going to ...0

I will take everything you want to sell at DOW 1200.

nitro

 

[nitro]

Quote from gertsman:

I think it all depends on if you go to war or not over the weekend. The short term yield curve rallied a bunch on late Friday afternoon, almost like someone knew something.

Gertsman

Yes,

I noticed that as well - the middle of the curve is the one that reacts the fastest to news it seems. I am thinking of overweighting the short term and long term, and shorting the middle as soon as war is under way.

As an aside, the CRB index is posed to breakout again - QM and YG closed higher...Fear is coming to a climax.

Opportunuity is ripe...

nitro

 

[nitro]

As to the POLL, you forgot an option - "I have no idea"

nitro

 

[TGregg]

Quote from nitro:

As to the POLL, you forgot an option - "I have no idea"

nitro

You're right, I didn't even think of that (*doh!*) But I wonder, should we use that option for our CRLI?

Uh oh, gotta run. Wife's home and we are going to the movies.

 

[tampa]

Quote from daniel_m:




guys, for professional trader talk, be sure not to miss your copy of the daily skirt...

It's usually the only thing worth reading around here - and you know it...

 

[TGregg]

OK, ET has picked a rating of 3.327, between opening about even and down just a bit.

 

[bobcathy1]

looking at the futures.....I am going to say an up opening followed by a slow rise.
This is subject to news driven changes.

 

[OVERtheLINE]

831 spx.x should be a key area

FWIW ----if you look at last weeks range on a 15 minute chart
you see a channel which developed and its bottom channel line comes in right about 831.34...... Not to mention the 20 sma, as well as a possible cross between the 5sma and 20 sma
all right there at the bottom channel line.

I know its monday and the real volatility blows, but who knows??