I am not going for the last dollar here. I will leave a few dollars for the next trader. If your 1215 comes into play within the next 48 hours. I will fully exit my position and short from there. The next few days will be crucial for establishing a good short position.
Keep up the good work.
we’ve been banging the tape between 1120 & 1220, i’m in no hurry to get chopped up.
I’m just not that good.
and in between the whole mess, is the 200 week MA which is important to me, but the only enthusiastic person I’ve found was a broker who’s been in the biz 31 years.
I was seriously having doubts about my ability to read the charts GG, but I was just a day too early I guess. Tomorrow certainly looks bullish to me, and I even took another long position at the close. I think we’ll see at least 1187 tomorrow.
wow, what a closing rally. surprised me!
yes, the semi’s were strong, but I was assuming it was just defensive posturing.SPX close 1162.27daily 1000(MA) – 1162.4988off by 50 cents.
As you know red. The end of bull run will whip around with violent moves in either direction. We are at the end of the 9th inning. One last move upward to the 1187 – 1218 and I believe that will be it. I will not be waiting for the 1218 level. I am going to start layering my shorts possibly tomorrow thru Thursday at the latest and just sit back and watch history unfold in the markets.
I was really having my doubts on my bullish call, but this bottoming tail makes me feel a little better. I still think we’ll rally up to 1187 at least… probably tomorrow.
Yeah, we’ll probably hit that area but I don’t see it doing a false breakout to 1218-1220 now. If that was going to happen, they would have rallied hard today to start the move. Now it looks like it will end around that 1187 area.
I am not going for the last dollar here. I will leave a few dollars for the next trader. If your 1215 comes into play within the next 48 hours. I will fully exit my position and short from there. The next few days will be crucial for establishing a good short position.
I like 1215.
the weekly 70MA is around there.
Keep up the good work.
we’ve been banging the tape between 1120 & 1220, i’m in no hurry to get chopped up.
I’m just not that good.
and in between the whole mess, is the 200 week MA which is important to me, but the only enthusiastic person I’ve found was a broker who’s been in the biz 31 years.
So I sit and learn.
Ok, are we going to be surprised? I love surprises… he he he
I was seriously having doubts about my ability to read the charts GG, but I was just a day too early I guess. Tomorrow certainly looks bullish to me, and I even took another long position at the close. I think we’ll see at least 1187 tomorrow.
wow, what a closing rally. surprised me!
yes, the semi’s were strong, but I was assuming it was just defensive posturing.SPX close 1162.27daily 1000(MA) – 1162.4988off by 50 cents.
As you know red. The end of bull run will whip around with violent moves in either direction. We are at the end of the 9th inning. One last move upward to the 1187 – 1218 and I believe that will be it. I will not be waiting for the 1218 level. I am going to start layering my shorts possibly tomorrow thru Thursday at the latest and just sit back and watch history unfold in the markets.
Hey guys, watch my old company PZG on the NYSE tomorrow. Sorry I couldn’t say anything today.
I was really having my doubts on my bullish call, but this bottoming tail makes me feel a little better. I still think we’ll rally up to 1187 at least… probably tomorrow.
Yeah, we’ll probably hit that area but I don’t see it doing a false breakout to 1218-1220 now. If that was going to happen, they would have rallied hard today to start the move. Now it looks like it will end around that 1187 area.