thanks for the thoughts my friend goog got your 4 prints so far and i know it's to early to call it hammer but so far it looks like we have 2 hammers 1 done anther working thanks for the help nHow is weather in your area It's so dam hot not even a cool breeze when we do nget one it's a hot one reminds me of V.N.. HOT A STICKY WE BEEN over 90 3 days and looks like we could get 4 or 5 more before we get some cool air from the west??STAY COOL
Could use your thoughts here on goog I bought 2 lots 21 yesterday and 1 tdy both around 623.80 area just wanted to play using close stop off of point 620 print not that's it's any signal to sell or anything ?t the fact looking at small charts seems like a straight line 622=625 area So that's the reason for the 20 stop See what you mean about 20 mov up fast can't wait for that you get up were i can get in so for now at least i have something on My son sold my gld, lost 300 that's ok, He's short now futures 2 lots not me said no thanks have no feel . ok The Cme earning i thought like Zacks said were good and were down Got to believe the smart money is buying the dips tdy and am looking for a place to add a few too ,I could be wrong but didn't we have a day like this last time earnings came out and we ended up on day?? Not sure ? The weekly chart keeps holding her 20day avg last few weeks and again so far this week too,that's a plus ..Looking at small charts 25by 75 We came down and hit and held old triple top at 95.25 .. Tdy same chart gave us a buy signal at 97.75 Got to think that as long as we don't close below weekly 94.56 avg we should look ok? Off of that buy would look for a test of 99.50 area a 3 box key is not so bad as the possible formation it's working very well could see higher numbers going forward ? What do you think as your reads are as good as as any ones? P.S with goog if i don't get stopped out will try to hold the 2 lousy lots, wish i had your will power to hold on to positions long term as you prove with both CME AND GOOG that the reward was outstanding fr believing in your reads . The only think that has me thinking is Aug most times is a very dead month as all the big boys are away As the volume tailed off the past 2 weeks in july and hope we don't carry that forward too? All the best tdy
Lsst 7 8 days look poor we were doing so well too?the 30 earnings come out am i right?I think someone sauid on here it might have been you am not sure ,but zacks of all services are looking for good numbers?Kind of scarey when they say that Has the cme ever done what i should do in past?? GOOG looking to nget in again looking at point it could get as low as 595 575 but that's a gift if it does doubt very much if we see that Any thoughts you want to pass on to help me ?? Thanks .. CME bought some near gap even thought it was not filled 18 i think it was paid 28 Still long 3 lots of gld my son is watching it as he put in on for what ever reason so thought it better he gets me out HE SOLD MY NFLX made a few A FEW BUCKS THANKS TO AAAHHHA getting me in,Watching sp there trading just above there 50 day avg not overbought enough to go short here,with dia looking like #$%$ with that gap down that bam up big maybe it's best i just stay out to, to crazy for me... Reading were the ding bat at FED will not raise rates any time soon.. Doesn't she understand how she's hurting the stk mkt and not helping it going forward,? Printing money for what over 7 8 years wow who's going to pay for her mistake?? US THAT'S WHO iF YOU HAVE ANY HELP FOR ME WITH GOOG PLS ADVICE MANY THANKS
Yes gap is 18bought some at 22 wasn't happy we lost the bull formation on point chart with 3 box key the 3 box key has worked well for cme the pattern had worked great but the 6 even 5 print doesn't call for a bear move at all it just makes our work harder We need the vol to pick up last week it was poor we were working on a good month which we are losing We have earnings do i believe the 30 of this month? Ponz or cme111 would know better than myself You have low risk trade if you bough the gap area which is 95.18 right now we missed by a few ticks Weekly 20dayt avg is 94.66 the history with the weekly holding the 20 day has been good Looking at the small point chart we could get as low as 92.50 92 that's really pushing it any thing under that 88 here we come But to look that far out would be wrong but one should know areas of support and were it's possible that cme could take big hit But right now the gap area holding and small point chart had support at 95,25 triple top support So it could fight here Think the key is the 30 earning any bad news could sink and i=f big mkt keeps taking hits that could be a double hurt So watch for earning Good luck By the way ponz could answer any question on cme he knows the charts inside out too.
that's what i thought too.. read were the services saying the cme was headed to new highs too.. With the big point chart 1by 3 with a possible powerful formation if we can break through the double top that formation most times is very fast and quick to upside... IT SCARES ME THAT THE TALK AND CHARTS LOOK SO GOOD BEING THAT WERE TALKING ABOUT THE CME you can't be sure of anything do we have earnings do soon?. that could hurt us if the numbers are bad but so far they look ok i would hope? like you said it's hard to believe that cme would do what people think,. so very true .
your so right my friend. By the way how was your week? goog just overbought correction,yes? there's no news for this move is there?? Just big mkt taking everything along for ride? Looking for a place to get back in,any thoughts? My son sold my nflx said he didn't like big mkt thought it would take a hit too sold 300 at 110.65 with that he bought gld for me 3 lots thursday close 104.40 He said the floor what's left of them option guys all were buying calls or what ever they buy when they think it's going up He said he was risking 104 stop Haven't had chance to look at charts will do that tdy feeling good ALL THE BEST
SAY AGAIN I DON'T SEE ANY BEAR FORMATION WHAT I DO SEE IS A POSSIBLE BULL FORMATION WITH 3 BOX KEY AT 7 NOW if we get that 2 print taking out double top at 100 than bam were off if you pls who's taliking bearish? everything you said above is possible bull not bear formation, as i read it pls not being a wise guy trust me been away just want to see who talking were doomed many thanks cme1111
were did my post go about how hospital gave me infection they put a tube in my you know what,, why i have no clue? I felt like i had the clap in burned like hell What's with hospitals the guy next to me had a simple operation for his knee wound up with a blood infection he's been in now for 2 weeks which he said should have been in and out same day 1 at most??They don't do their jobs right people die because staff is over worked and their to cheap to hire more HELP I SEE YAHOO STILL STINKS WAS SHORT 2 LOTS ON OPENING AT 50DAY had orders in at 210.20 213 204 looks like it staying in same range ?? have great weekend
sorry to hear that.i am sure with your track record you will make it up in time all the best
Looks like it might want to hold 20day not oversold and don't want to give back a good first day so i am lowering my buy stop on one lot 208,90 and bought 1 lot back just now at 208.44 #$%$ making new lows as i bought 1 back bit never thought it would get below 20 game plan was to buy them both back at 209 so i got lucky there Any reason for the week being so bad ?? any other country in trouble,bad earnings,or what??/ Many thanks
48 cents and also went long 5200 shares at 200 day mov avg which is at 49 cents payed 52 cents so now long again This stk might be a so called scam but the fact that it's trading at important mov avgs and holding them and than rally from them or falls from them there's good money to bee made just trading the avgs Been doing for some time WHO CARES IF IT'S A SCAM STK IF THERE'S MONEY TO BE MADE TRADING IT OFF A CHART THAN DO IT Using stop a below 200day on close
Thanks for your thoughts on NFLX as you know i never look at the fundamentals which is wrong just charts Ahhaa tip got me in 200 share at a very good price added another 100 at 114.82 on Friday avg price about 104 i put in stop a(105) good till 7/23 as i should be ok to trade by than if not before?Still #$%$ at the mms and scottrade for the lousy fill on friday how do you trade about 45 pts below my order and only give me 100 shares and give the insider 45,000 or so shares ? All in all besides losing about 600 bucks on my sp trade had real good week so i guess that made up for the cme trade i didn't get Told my son if cme is not so overbought and we get a 2 print that she could buy me up to 800 shares and if good day trade half if we are way overbought Hope you have another GREAT WEEK BOTH YOU AND DADDY WITH THE DOG STK ALL THE BEST
AAahhaa want to take you for the heads up on NFLX since it's cheap will try to become like ponz and learn to become a long term trader As ponz said in a post tdy AS LONG AS THE STK IS NOT SOME SCAM OR FLY BY NITE AND IT'S A SOUND COMPANY IT MAKES SENSE IN THE LONG RUN TO HOL,AND ONE SHOULD DO WELL Hope to be back trading guess by Mid week As soon as i am off the pain meds as you can't trade being high they said there's not that much pain like a knee operation? Again have great weekend guys