he's mentioned to me or in the forum before, he looks for
scalps, not necessarily swings, that's why he said taking it for a
possible bounce into the close. Sometimes makes a few cents,
and sells at say 36.25-36.50, more if possible of course, but gets
what he can quick on scalps on I'm guessing several thousand
shares, and it adds up.
Correct however based on my 15min chart unless something changes
I will take some home to scalp Thursday. Pos Div. on my
15min. chart on many readings I watch (STO, MACD etc.) on my ES
chart
short term, possibly through the end of the day, and
maybe into tomorrow, he's right, it's bullish. The RSI
and 14,3 stochastics turned back up on the SPX 15 min. chart, and
down on the VIX 15.
SSO Long @ 36
Posted by cspirit on 14th of Jul 2010 at 02:19 pm
See if we bounce into the close ... Ticks hit high number reading of -1300 and other chart readings hit lows etc.
Taking this trade home tonight ..
Posted by cspirit on 14th of Jul 2010 at 04:01 pm
15min. chart still looks good so taking it home and see what Thursday brings
for scalp, not swing
Posted by beth on 14th of Jul 2010 at 02:51 pm
he's mentioned to me or in the forum before, he looks for scalps, not necessarily swings, that's why he said taking it for a possible bounce into the close. Sometimes makes a few cents, and sells at say 36.25-36.50, more if possible of course, but gets what he can quick on scalps on I'm guessing several thousand shares, and it adds up.
Correct however based on my
Posted by cspirit on 14th of Jul 2010 at 03:23 pm
Correct however based on my 15min chart unless something changes I will take some home to scalp Thursday. Pos Div. on my 15min. chart on many readings I watch (STO, MACD etc.) on my ES chart
Well it worked ... Sold
Posted by cspirit on 15th of Jul 2010 at 09:47 am
Well it worked ... Sold Pre-market 36.58 .. Back to cash
very short term
Posted by beth on 14th of Jul 2010 at 03:27 pm
short term, possibly through the end of the day, and maybe into tomorrow, he's right, it's bullish. The RSI and 14,3 stochastics turned back up on the SPX 15 min. chart, and down on the VIX 15.
SSO LONG?
Posted by robincage1 on 14th of Jul 2010 at 02:45 pm