The S&P put in another short term bottom on April 11

[volente_00]

Need some math help here.


1318 - 1281 = ?


?/2 = N



N+ 1281= ?


What was today's intraday low ?



I promised buy1sell2 no more predictions until 1334.


But if I was going to make a prediction, I would say we made another short term bottom today.

 

[lilduckling]

by short term ... you mean until tomorrow .. i hope.

cause im short and holding overnite... already a few points underwater. C'mon Volente... give a little duck a break..... let tomorrow be a down day...

 

[CowboyBlue]

Quote from caddyshack2006:

Hi ,
I know that I could play futures and options if I had a good idea of which way to trade, up or down, urr long or short as you guys say.

Rodney

anyone else catch this one?
sorry not meaning to make fun of you and hope you dont get offended I just thought this one line was funny because this is exactly what trading is.

 

[Bitstream]

Quote from dwl603:

anyone else catch this one?

r0r, quote of da day, maybe of da month also...no q.

 

[William Rennick]

Quote from dwl603:

anyone else catch this one?
sorry not meaning to make fun of you and hope you dont get offended I just thought this one line was funny because this is exactly what trading is.

Care to enlighten about what we're supposed to catching

 

[CowboyBlue]

Quote from William Rennick:

Care to enlighten about what we're supposed to catching

if you dont understand you must have an EXTREMELY dry sense of humour, nevermind im not going to elaborate

 

[William Rennick]

Quote from dwl603:

anyone else catch this one?
sorry not meaning to make fun of you and hope you dont get offended I just thought this one line was funny because this is exactly what trading is.

Shame on you, here's a guy who comes to learn and you say something dumbass like that. Bad Kharma mister, if I were you I wouldn't trade for at least a month, unless you want to lose your ass.

 

[CowboyBlue]

you are right, i will not trade again until next month at this time, thank you for the advice.

 

[William Rennick]

Quote from lilduckling:

by short term ... you mean until tomorrow .. i hope.

cause im short and holding overnite... already a few points underwater. C'mon Volente... give a little duck a break..... let tomorrow be a down day...

Hey Duck,
Through the years I've always listened to my instinct. Today the Market didn't sell off strongly when it seemed that it should. It didn't close at the lows of the day either, my instinct (that's all I'm going off of here) says that we have a sizeable down move in store very soon. Hopefully for you it starts in the morning. Going overnite can pay off big when you're right. Hopefully our friend's morning call will confirm your trade. Good luck

Rennick

 

[lilduckling]

Quote from William Rennick:

Hey Duck,
Through the years I've always listened to my instinct. Today the Market didn't sell off strongly when it seemed that it should. It didn't close at the lows of the day either, my instinct (that's all I'm going off of here) says that we have a sizeable down move in store very soon. Hopefully for you it starts in the morning. Going overnite can pay off big when you're right. Hopefully our friend's morning call will confirm your trade. Good luck

Rennick

Thanks... but unfortunately for me i dont think the selling will be in the morning...but in the after noon. Which means me sitting through some pain. This will be a big trade for me either way.

Still...... i can see a 150-175 pt drop this week and next.
Have a feeling Mkt is in an area that is susceptible to being easily spooked.... in other words, will take less to make mkt go down then to go up. But if this trade blows up in my face.... so be it, wont be the first time and sure as heck wont be the last.