Radiomuse
288 posts
msg #72795
- Ignore Radiomuse |
3/16/2009 1:57:38 PM
SPY testing a trendline that runs from late Friday am, and just broke thru bb10. (10min bars)
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karennma
8,057 posts
msg #72796
- Ignore karennma |
3/16/2009 1:58:41 PM
I suspect you're looking at support around $33ish.
jp
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Geesh! that was some run from 34.80 to 36!
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karennma
8,057 posts
msg #72797
- Ignore karennma |
3/16/2009 2:06:03 PM
I suspect you're looking at support around $33ish. it may still get there, I can't pick bottoms so I will scale into the position.
jp
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In THIS market, I'm not so good at it either.
Here's a 4-letter word for ya' ... H-O-P-E.
< $33.
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karennma
8,057 posts
msg #72798
- Ignore karennma |
3/16/2009 2:33:52 PM
That's it, I believe JP.
DOW turning red.
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johnpaulca
12,036 posts
msg #72799
- Ignore johnpaulca |
3/16/2009 2:35:32 PM
FAZ, TZA, TWM ....It took a while but it's moving nicely in my direction.
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Radiomuse
288 posts
msg #72800
- Ignore Radiomuse |
3/16/2009 2:38:12 PM
FAZ, TZA and SRS for me - after a couple of whipsaws cuz I tried jumping the gun.
John - just curious, why are playing both TZA and TWM?
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johnpaulca
12,036 posts
msg #72801
- Ignore johnpaulca |
3/16/2009 2:39:40 PM
What those talking heads saying now....buying opportunity (:
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johnpaulca
12,036 posts
msg #72802
- Ignore johnpaulca |
3/16/2009 2:44:26 PM
TWM...most guys of this site know I have traded TWM for the past few years...it's my bread and butter stock. I don't regularly trade TZA just trying something different and I am making money on it (:
-btw are you in ???
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Radiomuse
288 posts
msg #72803
- Ignore Radiomuse |
3/16/2009 2:45:17 PM
I closed all 3 already with small profits (just for these trades, not for the day) as soon as I saw SPY turning back up. If it turns back down I'll jump into the shorts again...
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karennma
8,057 posts
msg #72804
- Ignore karennma |
3/16/2009 2:45:46 PM
oops ...
sorry.. wrong again.
;>)
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