looks like the SPX did a late dump and hit 1084.90 well it may
make that extra point .50-.90 with 15 minutes to go but I
took profits from my 1 day short already.
Even though the 60 STO never turned up yet, I figured I was
better off taking the money and running rather than wait and see
some of it evaporate on a potential late buying spree.
I can always scale back in tomorrow or position again if we
rally tomorrow.
So is this something really bearish if a falling bullish wedge
breaks down and out?
Posted by cwa82675 on 12th of Nov 2009 at 04:13 pm
sorry if I had anything to do with it. still looks like we
are moving up though, lots of overbought conditions are relieved
with little giveback in price. tomorrow is going to be
boring, but Monday should be interesting.
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SPX late dump
SPX 5 min
Posted by perthx on 12th of Nov 2009 at 03:47 pm
looks like the SPX did a late dump and hit 1084.90 well it may make that extra point .50-.90 with 15 minutes to go but I took profits from my 1 day short already.
Even though the 60 STO never turned up yet, I figured I was better off taking the money and running rather than wait and see some of it evaporate on a potential late buying spree.
I can always scale back in tomorrow or position again if we rally tomorrow.
So is this something really bearish if a falling bullish wedge breaks down and out?
sorry if I had anything
Posted by cwa82675 on 12th of Nov 2009 at 04:13 pm
sorry if I had anything to do with it. still looks like we are moving up though, lots of overbought conditions are relieved with little giveback in price. tomorrow is going to be boring, but Monday should be interesting.