| StockFetcher Forums · General Discussion · Intraday Trend Watch: S&P 500 | << 1 ... 9 10 11 12 13 ... 30 >>Post Follow-up |
| nikoschopen 2,824 posts msg #61539 - Ignore nikoschopen |
4/16/2008 3:31:04 PM S&P looking very tired. Grabbed some short @ approximately 1361.50 (1363 for the ES) |
| maxreturn 745 posts msg #61540 - Ignore maxreturn |
4/16/2008 4:35:25 PM Niko...nice article from briefing.com. Sort of sums it up don't it? The game of ping pong continues. Looks like a retest of the recent pivot highs between 137.50 - 140 basis SPY with the EMA200 lurking just overhead. Things are going to get interesting very soon. |
| nikoschopen 2,824 posts msg #61543 - Ignore nikoschopen |
4/16/2008 9:43:12 PM IBM supposedly shot out of the gate with a stellar earnings and I'm not even going to speculate what's in store for tomorrow knowing what kind of (fill-in-the-blank) market this is. I'll most likely sit on the fence for a while. According to my calculation, the market will churn for the next 3-5 days before diving lower. But then again, take everything I say with a grain of salt. That is, do ure own damn homework. Cheers! |
| karennma 8,057 posts msg #61581 - Ignore karennma |
4/18/2008 10:03:10 AM Niko: DOW broke resistance @ 12,825 ... what's up with THAT!!? frankly, I AM surprised. |
| karennma 8,057 posts msg #61582 - Ignore karennma |
4/18/2008 10:22:16 AM or it might just be some more options expiration BS. |
| nikoschopen 2,824 posts msg #61585 - Ignore nikoschopen |
4/18/2008 11:02:35 AM This is in fact scary. Not so much because Google reported 20% higher AdClick growth or that Citigroup reported only $5.1 billion loss, but the damn chart is displaying an inverted head & shoulders. S&P 500 Daily  |
| nikoschopen 2,824 posts msg #61587 - Ignore nikoschopen |
4/18/2008 11:06:28 AM Whether that IHS will be broken remains to be seen, the market will most likely go overboard and test 1400 in the meantime. If it shows any weakness at that point, I will definitely whip out my short order. |
| maxreturn 745 posts msg #61589 - Ignore maxreturn |
4/18/2008 11:13:59 AM Just like I posted earlier the 139-140 area is critical right now basis SPY. Tons of resistance and the EMA200 lurking overhead. Who will win the battle....da bulls or da bears? Either way I'll be ready :) |
| johnpaulca 12,036 posts msg #61592 - Ignore johnpaulca |
4/18/2008 11:53:10 AM I am net short....I don't see the driver for this market...I am taking it on the chin being short. |
| nikoschopen 2,824 posts msg #61593 - Ignore nikoschopen |
4/18/2008 11:54:48 AM What's up with this IHS? S&P 5-minute |
| StockFetcher Forums · General Discussion · Intraday Trend Watch: S&P 500 | << 1 ... 9 10 11 12 13 ... 30 >>Post Follow-up |