Posted by marketguy on 26th of Sep 2011 at 08:47 pm
careful kalinm.....we just might get that this October in spite
of everyone calling for it....these 20/50 weekly crosses don't
happen too often (back the chart up 10+ yrs for even longer
perspective)....
kind of like the H&S pattern a few months ago that everyone
dismissed because everyone was talking about it....well, lo and
behold it worked to perfection.....
careful kalinm.....we just might get
5 months down in $SPX
Posted by marketguy on 26th of Sep 2011 at 08:47 pm
careful kalinm.....we just might get that this October in spite of everyone calling for it....these 20/50 weekly crosses don't happen too often (back the chart up 10+ yrs for even longer perspective)....
kind of like the H&S pattern a few months ago that everyone dismissed because everyone was talking about it....well, lo and behold it worked to perfection.....
Nice chart MG. This makes
Posted by kalinm on 26th of Sep 2011 at 08:53 pm
Nice chart MG. This makes me feel better about the boatload of shorts I bought today.
thanks....I started some small shorts
Posted by marketguy on 26th of Sep 2011 at 09:02 pm
thanks....I started some small shorts late this afternoon in my trading account (also have a bunch of buy stops in for more BGZ and TZA)....