Glad to know you are no longer bullish Robert. You have a good weekend too, and let’s all pray for at least a 50 point (spx) drop… the bears need to eat too.
The Nasdaq continued to make highs until March. The only thing I don’t like is that the daily RSIs are too high and that the market could go higher and top out on lower RSIs. The $rut and dow are at acceptable levels but $spx and nasdaq aren’t. Commodities have been topping out on lower RSIs.
The MLK trade worked as advertised. Pomo kicked in at lunch and we rallied. What a beautiful week. Sold all my longs today into strenth. We are in the 1300 area and the risk reward for me is too risky. I have rode this monster up for awhile now and it’s time to lock profits. I am expecting some weakness next week and hopefully the bears get a bone or two. Have a great weekend Red.
eur/dollar currency. on my demo acct it showed an fp down to 3200 area. but on my real acct it didnt go down that far. so dont know if it will get there.
hey redd speaking of Da bears, the hawks will eat up Da bears this weeekend when they play them in Chicago. good luck to both teams.
Glad to know you are no longer bullish Robert. You have a good weekend too, and let’s all pray for at least a 50 point (spx) drop… the bears need to eat too.
hey redd just emailed you the pic go head and post it here
The Nasdaq continued to make highs until March. The only thing I don’t like is that the daily RSIs are too high and that the market could go higher and top out on lower RSIs. The $rut and dow are at acceptable levels but $spx and nasdaq aren’t. Commodities have been topping out on lower RSIs.
The MLK trade worked as advertised. Pomo kicked in at lunch and we rallied. What a beautiful week. Sold all my longs today into strenth. We are in the 1300 area and the risk reward for me is too risky. I have rode this monster up for awhile now and it’s time to lock profits. I am expecting some weakness next week and hopefully the bears get a bone or two. Have a great weekend Red.
Sign up for a free account at screencast and upload it there, then post the link. Or, just email me and I’ll do it for you…
Red (at) Red Dragon Leo (dot) com
eur/dollar currency. on my demo acct it showed an fp down to 3200 area. but on my real acct it didnt go down that far. so dont know if it will get there.
hey redd how do i post a picture here?
Hmmm… it didn’t look to good after January 14th, 2000. Interesting coincidence?
sorry what is e/u?
Can you get a screen shot and post it or email me?