Wave 5 of something ended.
This may only be a ST trade or something longer.
Full Version: Short ES 972
ST stuff looks bad again...exited some longs.
what a game this is?
never been so aware as the last few mos....sheesh! is the only word that comes to mind
posted the QQQQ pivots here this a.m. ....the breakout definition failed to transpire today
http://investorshub.advfn.com/boards/read_...age_id=33245571
never been so aware as the last few mos....sheesh! is the only word that comes to mind
posted the QQQQ pivots here this a.m. ....the breakout definition failed to transpire today
http://investorshub.advfn.com/boards/read_...age_id=33245571
Well if my projections for wave 4 and wave 5 are correct, we start with a gap down monday.
But I know where my stops are if things don't look right.
But I know where my stops are if things don't look right.
SPX 854 cash would be nice if you can take the heat that may come first next week
I'm not the kind to count chickens yet.. I'm more interested in making sure my eggs don't break first.
Fortunately, I've started small and I was patient to wait for my target and patterns to resolve. Doesn't mean it will be what it is, but darn I was itchy all week. At least if there's a scorch, I wasn't getting burned from far below.
And its at relatively overbought levels now where there's some comfort in shorting. But VIX is still high and that means price moves are quick in both directions.
Fortunately, I've started small and I was patient to wait for my target and patterns to resolve. Doesn't mean it will be what it is, but darn I was itchy all week. At least if there's a scorch, I wasn't getting burned from far below.
And its at relatively overbought levels now where there's some comfort in shorting. But VIX is still high and that means price moves are quick in both directions.
my simple versions of daily and weekly VIX
http://stockcharts.com/h-sc/ui?s=$VIX...id=p97549507383
the weekly candle body from his week is doing something new for the pattern
http://stockcharts.com/c-sc/sc?s=$VIX...58752&r=829
http://stockcharts.com/h-sc/ui?s=$VIX...id=p97549507383
the weekly candle body from his week is doing something new for the pattern
http://stockcharts.com/c-sc/sc?s=$VIX...58752&r=829
QUOTE (dcengr @ Oct 31 2008, 03:49 PM) 
Well if my projections for wave 4 and wave 5 are correct, we start with a gap down monday.
But I know where my stops are if things don't look right.
But I know where my stops are if things don't look right.
..but what about the small guy....you inconsiderate bastage...you...and ONLY you will be responsible of any downward movement. I really thought that you were Mother Teresa....the lower and middle class will never forgive you for shorting.....{oh yeah, I'm gonna be put on moderation} ....you have no idea what you have just done. I really hope you are happy now that you have f..cked Joe Plumber....You should be absolutely ashamed of yourself you Anti-American piece of crap....the last bastion of "protect the uninformed" has gone "I'm in it for me" now reigns supreme.....I really hope there is a G.O.D....he and isaac613 will be throwing darts at your balls for eternity....you stupid twit...
...oh...by the way....I shorted OEX 471....but I'm Canadian...and we have no G.O.D....but plenty of D.O.G.s
QUOTE (Teaparty @ Oct 31 2008, 01:49 PM)
QUOTE (dcengr @ Oct 31 2008, 03:49 PM)
Well if my projections for wave 4 and wave 5 are correct, we start with a gap down monday.
But I know where my stops are if things don't look right.
But I know where my stops are if things don't look right.
..but what about the small guy....you inconsiderate bastage...you...and ONLY you will be responsible of any downward movement. I really thought that you were Mother Teresa....the lower and middle class will never forgive you for shorting.....{oh yeah, I'm gonna be put on moderation} ....you have no idea what you have just done. I really hope you are happy now that you have f..cked Joe Plumber....You should be absolutely ashamed of yourself you Anti-American piece of crap....the last bastion of "protect the uninformed" has gone "I'm in it for me" now reigns supreme.....I really hope there is a G.O.D....he and isaac613 will be throwing darts at your balls for eternity....you stupid twit...
...oh...by the way....I shorted OEX 471....but I'm Canadian...and we have no G.O.D....but plenty of D.O.G.s
I make up for all my sins with this:
Kiva.org
Every 6 figures I pull out of the market I put some into this. darn I must be supporting a small village by now!
out es 967..
waiting for better opportunity.
waiting for better opportunity.
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