Hi Red, unloaded some more of my longs. AAPL,CME,RGLD…savage profits. KGC,IWM, LONGS , medium savage profits. IBM long, I played earnings with a 125 stop, stupid thing never stopped out, 3% stop. taking a small loss, 1%
It's look's like we'll go higher again tomorrow I guess. We should backtest the falling channel trendline (around 1080), that we finally busted out of today… but there's no guarantee on that. We could continue much higher tomorrow?
I was looking at Morrise's charts, yesterday here's his chart SPX… http://screencast.com/t/YTZkYzVmYz He see's a 50 day, bear signal, but there's another signal embedded in this chart, that he failed to recognize. It's a bull pennant, with the pennant ending at 1140.
You can bet this is shaking out a bunch of fence line shorts today. If i had brassier balls I would buy into the shorts on this but the swing has me looking past 1100,
You made a good call on going long yesterday… I certainly didn't see this coming.
remember my email
Hi Red,
unloaded some more of my longs.
AAPL,CME,RGLD…savage profits.
KGC,IWM, LONGS , medium savage profits.
IBM long, I played earnings with a 125 stop, stupid thing never stopped out, 3% stop. taking a small loss, 1%
It's look's like we'll go higher again tomorrow I guess. We should backtest the falling channel trendline (around 1080), that we finally busted out of today… but there's no guarantee on that. We could continue much higher tomorrow?
Yes… but she's making money….
Hi Jim,
I'm short BRCM,FFIV,HCP…
FFIV, earnings might get FFIV to 85.
I was looking at Morrise's charts, yesterday
here's his chart
SPX…
http://screencast.com/t/YTZkYzVmYz
He see's a 50 day, bear signal, but there's another signal embedded in this chart, that he failed to recognize.
It's a bull pennant, with the pennant ending at 1140.
sure you did
You can bet this is shaking out a bunch of fence line shorts today. If i had brassier balls I would buy into the shorts on this but the swing has me looking past 1100,
Anna flipflops more than John Kerry.