I was thinking we might go up to 1185-1186 tomorrow, and then fall on down to that 1175 area… at which point, that should match up with your 195 min long setup. Am I figuring that out correctly?
the 195 min setup is getting real close to a long setup
$SPX currently has 4 consecutive lower closes than opens on the 195 min
Well, I panicked and sold my put spread early, at the first low of the day. I'll be looking to get back in on a bounce… if we have one tomorrow?
Carl at day’s end:
1198-1210 estimate for today (12 points)
1177.50–1208 actual today (30.50 points) Carl did ok on the high, missed the low. Didn’t anticipate the news event.
Trade: No trades today.Grade: C (made no money)
hip hip hooray is all I have to say! Finally! Sold 3/4 of my SPY 119 puts but still have all of my 122 puts.
here was the setup that gave the $SPX the powerful move into the closehttp://www.flickr.com/photos/47091634@N04/45581…
yellow containment held $SPX during 4.22 low, backtest of yellow containment & the subsequent flush
speculative capital is lined up 100 wide with the exit door being single file
all those suckers that thought 4.19 low ended the “reaction” are ignorant of basic mathematics
At this point, I know if there will even be a bounce tomorrow morning?
this is beautiful to watch speculative capital get harvested!!!!!!!
this is it's de-leverage pt. originating from it's 2.5.2010 high
I was thinking we might go up to 1185-1186 tomorrow, and then fall on down to that 1175 area… at which point, that should match up with your 195 min long setup. Am I figuring that out correctly?
the 195 min setup is getting real close to a long setup
$SPX currently has 4 consecutive lower closes than opens on the 195 min
Well, I panicked and sold my put spread early, at the first low of the day. I'll be looking to get back in on a bounce… if we have one tomorrow?
Carl at day’s end:
1198-1210 estimate for today (12 points)
1177.50–1208 actual today (30.50 points)
Carl did ok on the high, missed the low. Didn’t anticipate the news event.
Trade: No trades today.
Grade: C (made no money)
hip hip hooray is all I have to say! Finally! Sold 3/4 of my SPY 119 puts but still have all of my 122 puts.
here was the setup that gave the $SPX the powerful move into the close
http://www.flickr.com/photos/47091634@N04/45581…
yellow containment held $SPX during 4.22 low, backtest of yellow containment & the subsequent flush
speculative capital is lined up 100 wide with the exit door being single file
all those suckers that thought 4.19 low ended the “reaction” are ignorant of basic mathematics
At this point, I know if there will even be a bounce tomorrow morning?
this is beautiful to watch speculative capital get harvested!!!!!!!
this is it's de-leverage pt. originating from it's 2.5.2010 high