BullBear52x
Posts: 29676 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Tue Mar 08, 2011 11:46 am
Me XMan wrote: Is Netflix the great short?
This could be a good long term short, but I won't touch these leaders favorite with a 10' pole as much as bearish as it can be.
My comments are for entertainment/educational purpose only. NOT a trade advice.
99er
Posts: 3686 Joined: Mon Feb 14, 2011 3:43 pm
Contact:
Post
by 99er » Tue Mar 08, 2011 11:47 am
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
Post
by Me XMan » Tue Mar 08, 2011 11:50 am
Going long on SPY for lunch and dinner money.
I have trending up day today.
My stop loss at ES 1314.
simpletrade
Posts: 30 Joined: Wed Feb 16, 2011 11:38 am
Post
by simpletrade » Tue Mar 08, 2011 11:53 am
Wow, glad I didn't sell SINA yesterday, now it closed one gap. Still another gap above 90s, might be too greedy to look for that this push up. From Wolfe chart, is it time to reduce some? Balance or anyone else, if you guys can take a look, greatly appreciate your inputs!
balance
Posts: 41 Joined: Tue Feb 15, 2011 6:37 am
Post
by balance » Tue Mar 08, 2011 11:56 am
RE sina, time to let go. spike on high volume...
FWIW.
KENA
Posts: 2996 Joined: Tue Feb 15, 2011 1:54 pm
Post
by KENA » Tue Mar 08, 2011 11:58 am
It does not look like a good left sholder but who knows..If it is yes that would be nice.
Cobra
Site Admin
Posts: 58753 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Tue Mar 08, 2011 12:00 pm
This kind of consolidation is good for bulls, there should be more on the upside.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
BullBear52x
Posts: 29676 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Tue Mar 08, 2011 12:05 pm
$VIX is most healthy looking in two years. not good for market. it hasn't been this strong for a long time.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
Post
by Me XMan » Tue Mar 08, 2011 12:07 pm
Right on Cobra!
Cobra wrote: This kind of consolidation is good for bulls, there should be more on the upside.
BullBear52x
Posts: 29676 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Tue Mar 08, 2011 12:12 pm
Low risk short, Hi risk long here IMO WDIK?
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
balance
Posts: 41 Joined: Tue Feb 15, 2011 6:37 am
Post
by balance » Tue Mar 08, 2011 12:13 pm
market is up, and $trin is up?
99er
Posts: 3686 Joined: Mon Feb 14, 2011 3:43 pm
Contact:
Post
by 99er » Tue Mar 08, 2011 12:19 pm
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
Post
by Me XMan » Tue Mar 08, 2011 12:23 pm
If you go short SPX here, where's the stop-loss?
BullBear52x wrote: Low risk short, Hi risk long here IMO WDIK?
BullBear52x
Posts: 29676 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Tue Mar 08, 2011 12:24 pm
These days and ages, you buy at resistance and sell at support
new technical analysis.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra
Site Admin
Posts: 58753 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Tue Mar 08, 2011 12:25 pm
Breakout as I said, now let's see how far it can go, I'll assume the yesterday's high will be tested?
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
Post
by Me XMan » Tue Mar 08, 2011 12:26 pm
That she blows!
Looking at couple bottles of expensive wine.
Last edited by
Me XMan on Tue Mar 08, 2011 12:27 pm, edited 1 time in total.
uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
Post
by uempel » Tue Mar 08, 2011 12:26 pm
SPX trying to climb back avove support trendline from September.
BullBear52x
Posts: 29676 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Tue Mar 08, 2011 12:26 pm
Me XMan wrote: If you go short SPX here, where's the stop-loss?
BullBear52x wrote: Low risk short, Hi risk long here IMO WDIK?
see my chart posted earlier the top triangle breaking out is a stop. 132.55 area.
My comments are for entertainment/educational purpose only. NOT a trade advice.