PileDriver Posted January 8, 2003 Report Share Posted January 8, 2003 Im with ya Pile...then its lock and load time I'm already loaded to the gils with BEARX, still have four donged screamers to take the edge off. REady to short my short list but they're just not signalling quite yet. Waiting for fib turn date or signals on shorts to go aggressively short. Looking good though. Just greedy for possibly better price. :grin: Link to comment Share on other sites More sharing options...
Guest alex Posted January 8, 2003 Report Share Posted January 8, 2003 AM: I was thinking the same thing about SA miners, too, but they're awfully strong today (HYM, GFI, DROOY) while the USD is tanking. That's what I love about PMs - totally confounding. Link to comment Share on other sites More sharing options...
simple guy Posted January 8, 2003 Report Share Posted January 8, 2003 SG will go one further 26.19 intra-day top today max.... Followed by leg to potential of 25.02.... over next few days... Getting ahead of myself.... but watch 26.19 this afternoon. I wont be covering, I will be sitting tight waiting for tomorrow and the next BOMB or BRICK to drop after hours.... If you missed it... Intel quietly said this morning that first half spending doesnt look good, maybe 2nd half.... they are telegraphing to the street that the Conference call wont be pretty.... You've been warned.... any short term moves up here IMHO should be shorted.... Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2003 Report Share Posted January 8, 2003 I'm still sniffing one more rally gasp. The dollar falling a little while ago didn't seem to affect the markets all that much, so I'm cautious as well. Still at the QQQ's 38% retrace, if we drop below that (SG's 25.91ish), I may go short again. Thanks Doc and SG for your take on the QQQs! Made nice coin on the 38% retrace. Link to comment Share on other sites More sharing options...
longOnUranus Posted January 8, 2003 Report Share Posted January 8, 2003 I like O'Brien's/Ord's saying "three pushes to a top" - a pattern call, not a wave one. But it seems to have held true the past several "rebounds" off intermediate lows. Problem is, we've yet to get that third "push". Has it failed? Or is it yet too come? I think the later, because there has been no real attempt at buying yesterday or today. I am still 50% in SPX puts, 50% cash. Waiting for that last rocket launch. If we see 904, I'll close on some of those puts. Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2003 Report Share Posted January 8, 2003 They're playing with us here. 1 day cycle high should be about now. 5 hour high due 3 PM. But 3 day low could come in and hold things together in the last hour. Link to comment Share on other sites More sharing options...
Injured Grizzly Posted January 8, 2003 Report Share Posted January 8, 2003 I'm still sniffing one more rally gasp. If they are going to rally it, they are going to have to do it fast. Friday is the unemplyment/jobs numbers and that could potentially be a heartbreaker if you're on the wrong side. A friend of mine went into the unemployment office Monday to file. He said while he was there over 400 people came in to file too. They had 3 people to do the work. Normal volume on any given day was 40. He couldn't believe how many there were. <_< Link to comment Share on other sites More sharing options...
BubbaBear Posted January 8, 2003 Report Share Posted January 8, 2003 Skidd......found this one for ewave basicshttp://www.elliott-wave-theory.com/elliott...t1.html#general Also signed up for the site SG and Pile mentioned Good Stuff :grin: I've been in and out the last couple of days. Which site was that. Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2003 Report Share Posted January 8, 2003 5 day cycle low with cmap of 902 also due today-tomorrow early. Link to comment Share on other sites More sharing options...
phatbubble Posted January 8, 2003 Report Share Posted January 8, 2003 i meant to post this 2 hrs ago. crapeuro anchor announced an upcoming guest to tackle the question "is the s&p about to crash?"....or something very similar. between phones ringing & distractions i missed whoever/whatever it was. mildly portentous, if i had it right. bit off some BEARX. still long SPX mar puts, GG feb calls, mostly cash. for now. Link to comment Share on other sites More sharing options...
fxfox Posted January 8, 2003 Report Share Posted January 8, 2003 would be 25.65 in QQQ be the same as 1031 in NDX? My QQQ's have a time leg of 15 mins Link to comment Share on other sites More sharing options...
Guest The CoinGuy Posted January 8, 2003 Report Share Posted January 8, 2003 Since were talking positions, mine hasn't changed. In trading account 20% BEARX, 40% at 200% leveraged short, and 40% in cash. Cash is a position here, I'm with Piles, looking "very closely" for opportunities, but no need to front run anything. Watching and Waiting mode here, The CoinGuy Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2003 Report Share Posted January 8, 2003 CBOE Intra-day Put/Call Link to comment Share on other sites More sharing options...
PileDriver Posted January 8, 2003 Report Share Posted January 8, 2003 looks like the load was blown on PMCS and ALTR. not much upside on these turds. Link to comment Share on other sites More sharing options...
Guest The CoinGuy Posted January 8, 2003 Report Share Posted January 8, 2003 Looks like Frazier isn't liking that left hook... TCG Link to comment Share on other sites More sharing options...
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