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Next Support?

Posted by racerick on 6th of Nov 2008 at 01:44 pm

Matt,

What do you have for the next support level? I have a horizontal line about 894ish on my 15min charts. Any ideas?

SPX Renko

Posted by racerick on 6th of Nov 2008 at 12:19 pm

buys

Posted by racerick on 6th of Nov 2008 at 12:17 pm

rp,

Legging into DEC calls  taking approx 1/3 positions here. As said below don't like that we're seeing almost no buying on these little bounce attempts. If we break 62% fib will close them out.

BIDU

Posted by racerick on 6th of Nov 2008 at 11:42 am

Nice bounce on BIDU past 30min. At 200ma in 1min now

Agree

Posted by racerick on 6th of Nov 2008 at 11:34 am

Agree with you rp, have started legging into some options here, but not loving yet

Market

Posted by racerick on 6th of Nov 2008 at 11:31 am

All these little bounce attempts getting no buying volume considering how much we're down

aapl

Posted by racerick on 5th of Nov 2008 at 01:07 pm

Looks like it did rp, hoping for a higher low here. Has a strong horizontal resistance line at 107.50ish

TS

Posted by racerick on 5th of Nov 2008 at 11:42 am

ROFLOL, yep use to have same problem rp. What I ended up doing was taking my supercomputer that was running 6 monitors and replace with 3 standard dells with 2 monitors each. Prob pretty much solved. Fido is a hog though, so still can't keep more than about 6 - 1min charts open w/o it bogging down and this is with 2gig machines.

TS

Posted by racerick on 5th of Nov 2008 at 11:25 am

A bunch rp. One of the guys in my room said like 40 years. LOL. I just tried 1min for 500 days intraday and it took it about 20seconds to pull it. I normally leave mine set for like 30.

They have great customer service and everyone real nice. I just moved my futures acct to not long ago and one of my trading accts. Great commissions but still have some accts at fidelity whose charts I like a little better for some things.

Only problem I've had with TS since from what I can tell you and I trade similarly is that when it gets real busy their charts and quotes get behind including their order matrix. The other day when I was trading Q's and EEV towards EOD they were lagging on px by about .30 on Q's and $4 on EEV. You get the correct px when you enter your order, but matrix doesn't always reflect at that particular moment. So I just keep on one computer and mainly enter trades and use fido charts mainly.

TS

Posted by racerick on 5th of Nov 2008 at 11:12 am

rp, I have some accts there, What do you mean, like time wise in days?

DUG

Posted by racerick on 4th of Nov 2008 at 02:55 pm

Getting a nice spike out of DUG here

Q's

Posted by racerick on 31st of Oct 2008 at 04:01 pm

I can remember not that long ago daily ATR for the Q's was about .50. Now moves that much in 5min.

AAPL

Posted by racerick on 31st of Oct 2008 at 03:54 pm

AAPL getting spanked EOD

sheesh

Posted by racerick on 31st of Oct 2008 at 03:43 pm

Heck of a pullback

sso

Scalping 1200 SSO into the Close

Posted by racerick on 31st of Oct 2008 at 03:42 pm

Careful, crosses selling off

Been leading all day

sso

Scalping 1200 SSO into the Close

Posted by racerick on 31st of Oct 2008 at 03:38 pm

Good luck

Q's

Posted by racerick on 31st of Oct 2008 at 11:07 am

Q's having a hard time at 32.70 rp

market

Posted by racerick on 31st of Oct 2008 at 10:50 am

rp, believe you may be right, darn choppy today

EEV

EEV

Posted by racerick on 31st of Oct 2008 at 10:35 am

Good stock to position trade, tough daytrader due to jerkiness. Can make hugh moves quick though if you get on right side of it. I normally give it about 4 points leeway, so adjust position size accordingly

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