firewalker99
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gilligullu
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I am very pro short for this news today. I believe they will have a worst than expect report.
firewalker99
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I'm with him on this... if he's right then I am too and we'll see 12700 before the close
it didn't happen, again I might have been too early too eager...
but the ticker is showing 12713 right now :whistling
gilligullu
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Funny old market, futures rallying with the Citi news.... Lucky I didn't go in
gilligullu
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FW, whats your outlook for the day? Keep shooting up?
Phil Mibbutz
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770-ish seemed like a good place to go short?
gilligullu
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Just found out yesterday people were expecting Citi to write off another 22 Billion, instead of the 0.933 per share on estimate. So, 12 billion, peanuts.......
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dans_ya_man
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Expecting a mother of all drops, short 803
firewalker99
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12800 would be about as far as I would ride it, and we just made it to there
which sucks actually, because that means I can't go long anymore where I wanted to
how about it, yesterday we have a small ranging day, but we jump 150 points overnight
just feels like the curse of the intraday trader
12800 would be about as far as I would ride it, and we just made it to there
which sucks actually, because that means I can't go long anymore where I wanted to
how about it, yesterday we have a small ranging day, but we jump 150 points overnight
just feels like the curse of the intraday trader
unbelieveable.................what do i do now?
gilligullu
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12800 would be about as far as I would ride it, and we just made it to there
which sucks actually, because that means I can't go long anymore where I wanted to
how about it, yesterday we have a small ranging day, but we jump 150 points overnight
just feels like the curse of the intraday trader
I think so too.... The longest I leave a trade without seeing by the com is the 30 mins I go home from work, and even that gets me very worried....
I am kinda keeping an eye out for the ES. My resistance is around 1386. if it push through, it might go upto 1400. But I am not sure about anything these 2 days. The only time I made money was following the trend after it got very obvious and bagging small points from it.....
great area to go short as we have gone so far up in a short time and we are still in a bear market, but news is all good at the moment, i was not expected this i must admit...............im currently thinking about a longer term short trade perhaps holding for a while, but first we must see what will happened today
trader_dante
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I'm actually expecting this to move up sharply today...
I'm long from 770
Just a small position though.
I'm long from 770
Just a small position though.
firewalker99
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I hope your reasons to short are somewhat more than "it's gone up far in a short time"...
markets are and will be irrational for longer than any one of us to witness
firewalker99
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short dow 12800 fut, stop 820
I hope your reasons to short are somewhat more than "it's gone up far in a short time"...
markets are and will be irrational for longer than any one of us to witness
and my macci 60mins is overbought and 30min................na, i agree with you, anyway i will not short this market until my major up trendline has been broken.........could be today, but would need to fall to 12780 -12760 to do that, but then of course we could just go sideways and then continue up so my up trendline continues.............im on the side lines at the mo
firewalker99
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stopped myself out at -5... if my trade doesn't move at least a bit in the right direction I prefer to stay flat, may always re-enter
firewalker99
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