Recent content by b.haria

hi Mark J I am not a stubborn person, and although I have my view and it is sometimes good to have a view on the long and mid term... maybe not so much short term, I am willing to accept mistakes and learn from them. Following on from that, I would not be a proper trader or a good trader in...

Well what can I say.... Add another 1 to the times I have been caught out by options expiry. Yesterday produced two significant selling surges... but it didnt retrace back on them. I know Mark J calls this shakeouts.... maybe he has a different system to me when trading volume (obviosly more...

Well there was nearly that 5-10 point slip up I was talking about!!

The more times it is testing 11160 the happier I seem to get... as backward as it sounds. To me it is testing the level to see the strength of resistance... which we all read about in books, but more importantly is letting the big boys soak up and short the buying pressure from the little guys...

Nothing at all MTUK. Was referring to my post that I thought double top had formed just before the Lehman results and Empire Index came out!! That's what I meant about looking like a muppet.

Thanks Mark J... having a second look and can see what you mean. Still think the low volume is not looking good for a further push up. I'm inclined to think we could see a massive fail today. I actually shorted at 19.00 because I use the VMA 5 day 60 mins, which is a lot more conclusive then...

Well..... theres me looking like a muppet!!! Maybe I should have waited until 1.30 before posting my view!!! Anyway if the double top is true, then today is probably one of the best days to test it!! regards

MTUK You've hit the nail on the head!! This is the problem when your hitting multiyear highs as there is no history to support stops/entries. Looking back like 5-7 years you can see enormous congestion between 11200/300 hence whatever happens the Dow is going to need a massive push to get...

Hi All, Its been a long while since I last posted.... been travelling, new job etc... But have been keepin an eye on the board. Nice to see a few new bodies and of course the old ones. (My Username changed). Disapointed to see a few of my fav posters have disapeared but probably due to 1 of 2...

Hi All, Its been a long while since I last posted.... been travelling, new job etc... But have been keepin an eye on the board. Nice to see a few new bodies and of course the old ones. (My Username changed). Disapointed to see a few of my fav posters have disapeared but probably due to 1 of 2...