DrStool Posted December 5, 2002 Report Share Posted December 5, 2002 Are you ready for the next wave? Subscribe Today! Link to comment Share on other sites More sharing options...
simple guy Posted December 5, 2002 Report Share Posted December 5, 2002 SG Chimes in As you all know, I called the moves recently pretty accurately using my ewaves and other proprietary stuff culled over the years. Yesterday I said I covered at 1045 my 200% Q's short position. I did not reenter last night at all. Today we see the Q's as my cited resistance of 26.90 this morning... Some gaps to look at today to SHORT into NDX... 1093- 38% retrace; 1105- 50% retrace; 1117 61.8% retrace Above are all from the Monday highs where shorted Depending on this mornings action, I will likely re-enter on this upward re-trace. Cheers and back at ya later... Target on Q's remains 24.20-24.50 within 5-7 trading days or so... after todays corrective move... Link to comment Share on other sites More sharing options...
Charmin Posted December 5, 2002 Report Share Posted December 5, 2002 Doc went and DONE did it Link to comment Share on other sites More sharing options...
Bird D Durr Posted December 5, 2002 Report Share Posted December 5, 2002 Stoolies, Look at this ECB Jam as "the glass is half full"........................ A great opportunnity to short some tulips and ride the next wave down....................... Link to comment Share on other sites More sharing options...
Guest Posted December 5, 2002 Report Share Posted December 5, 2002 IG - Thanks for your post. I love hearing about this stuff. Link to comment Share on other sites More sharing options...
SupplySider Posted December 5, 2002 Report Share Posted December 5, 2002 Prayer is like TA ... it works except when it doesn't. Yeah, I know, this belongs over on the religion forum. But, then, shouldn't the opening post of IDS focus on the markets? Link to comment Share on other sites More sharing options...
Bearman Posted December 5, 2002 Report Share Posted December 5, 2002 INTEREST RATES TO ZERO ALONG WITH STOCK! SAVERS WHATS WRONG WITH YOU? SPEND!SPEND!SPEND! PULL A UAL! Link to comment Share on other sites More sharing options...
sweefraapp Posted December 5, 2002 Report Share Posted December 5, 2002 I took 20% of yesterday's profits and bought some OEX puts at the close below bid. They are now at the ask so I'll be under water this morning on those. I'll keep 'em for a while and maybe add when we seem to have pooped out again. Numbers tomorrow are expected to move the market big time. Link to comment Share on other sites More sharing options...
Charmin Posted December 5, 2002 Report Share Posted December 5, 2002 The run off the October bottom has finally hit the wall, and we're going to exit both our long positions in the Rydex funds at the close today. There is a good chance that today we'll see a bounce, and a good chance it will last through to the close. Following the coming correction, it should be time to get aggressively long, for a larger thrust higher into 2003. The weekly charts are projecting a much bigger move that should carry the markets considerably higher by next spring. 21st Century Link to comment Share on other sites More sharing options...
BubbaBear Posted December 5, 2002 Report Share Posted December 5, 2002 Glad, thanks for the inspirational post - great way to start the day will add more qqq puts this a.m. I think we will close red today or not Link to comment Share on other sites More sharing options...
GregFokker Posted December 5, 2002 Report Share Posted December 5, 2002 Careful, Stoolies- this cut from the ECB is another big step in the reflation scenario. I dunno jack, but I'd be more aggressive donging gold than I would shorting equities. Link to comment Share on other sites More sharing options...
DrStool Posted December 5, 2002 Report Share Posted December 5, 2002 Pre Market Update Link to comment Share on other sites More sharing options...
GregFokker Posted December 5, 2002 Report Share Posted December 5, 2002 Fokker's getting a new hairdo- the Kentucky Waterfall, as it's known in some circles. Right here Doc, ever visited Nyack? Seen driving near Coxsackie (my name for my younger brother since our first drive-by). Link to comment Share on other sites More sharing options...
DrStool Posted December 5, 2002 Report Share Posted December 5, 2002 Blessed Uncle Buck, dost thou not suck. Link to comment Share on other sites More sharing options...
ShamPoo Posted December 5, 2002 Report Share Posted December 5, 2002 ECB not knocking POG Link to comment Share on other sites More sharing options...
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