johnpaulca
12,036 posts
msg #107602
- Ignore johnpaulca |
8/13/2012 11:48:23 PM
SPX....still no sign of weakness, trend still intact and you should still be long. You would be late in the cycle to open new long positions....imho.
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Eman93
4,750 posts
msg #107606
- Ignore Eman93 |
8/14/2012 1:45:49 AM
Yes I agree but hard to sit and watch...... I will play a breakout if its convincing enough.. It will prob be capitulation for the bears just in time for option exp.. then it could reverse next week... SPX 1422 by Friday? dolla looking like it wants lower to 81.50.
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johnpaulca
12,036 posts
msg #107671
- Ignore johnpaulca |
8/16/2012 10:45:17 AM
TZA....long at $17.15 for a scalp...playing the mean reversion.
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BarTune1
441 posts
msg #107672
- Ignore BarTune1 |
8/16/2012 11:18:08 AM
I am along for the ride JP, hope you called this right ....
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johnpaulca
12,036 posts
msg #107676
- Ignore johnpaulca |
8/16/2012 11:52:52 AM
LOL.....i'm swinging this trade, it's a very risky trade, counter trading is not for the faint of heart....make sure you have a stop in place.
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BarTune1
441 posts
msg #107679
- Ignore BarTune1 |
8/16/2012 12:40:05 PM
yeah, stopped out at 16.97 for a $100 loss; i don't normally trade like this - i did have a signal on one of my connors gap filters to buy sqqq at 38.75 ... maybe should have gone with that - it did trigger and is at 38.83 now
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johnpaulca
12,036 posts
msg #107680
- Ignore johnpaulca |
8/16/2012 12:55:17 PM
I'm bias long with my other stocks, was fishing for a bottom and it will come. CSTR and LVS were my two stars this morning, nothing showing up on my filters as yet for tomorrow....glty
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johnpaulca
12,036 posts
msg #107687
- Ignore johnpaulca |
8/17/2012 9:12:05 AM
TNA($56.32).....in the red zone on hourly chart....not a sell signal. This mean we can turn down anytime, risk is on.
TZA($16.68)....oversold, waiting for a buy signal.
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Eman93
4,750 posts
msg #107688
- Ignore Eman93 |
8/17/2012 9:41:43 AM
I am getting short for a swing some time today...
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Eman93
4,750 posts
msg #107689
- Ignore Eman93 |
8/17/2012 9:46:30 AM
USD made a big move last night back to 82.55
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