Markets going to explode today I think.

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Living...vicariously through myself.
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Oil down more overnight.

Should be fun to watch.
 

SSI

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base, trading volume will probably be light today with 3 day weekend ahead..

good up moves still coming in Jan, probably........

SP chart still looks bullish........ should test 14.40 in SP ---- before next correction in market....... this is the top of bollinger band, so add on about 10 more pts in SP next week,,,,,,, probably means another 100pts to the upside in the dow.......

certainly looks like up, is the near term direction but probably not much action today...... more like tuesday.......
 

Living...vicariously through myself.
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Kind of depends on how folks react to AMD and SAP but with the retail numbers being absorbed, the DJ may continue its climb to 13K
 

SSI

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basehead, guys....... the SP is approaching 1440...... 1439.50 is currently the daily high......

watch this area,,,,,,,, the 1440 mark should hold today........... its the top of bollinger bands........... a return to 1435 area should be expected.......
 

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SSI said:
basehead, guys....... the SP is approaching 1440...... 1439.50 is currently the daily high......

watch this area,,,,,,,, the 1440 mark should hold today........... its the top of bollinger bands........... a return to 1435 area should be expected.......

I just dumped half the INTC I own @ 22.

DJI only midway between bands.

May be some profit taking ths afternoon.
 

SSI

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would expect that....... good move.....

1439.50 still holding....... 1440 is going to hold it down for a while..... if it breaks it..... there will be another leg up.........

better than average chance, there is profit taking and we finish with the sp around 1435........
 

SSI

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this market is still very strong.......... if you had live quotes and could see the bollinger bands,,,,,,, there is hardly any red bars...... all green.......

interesting fight developing here around 14.40.................

lets look at this one....

the high today is 1439.50.................... lets see if we can place a buystop at 1439.75 and a sell limit order at 1441.75.............. lets see if this works......... if it does, it will be a fast $100 profit per unit...... im talking a few seconds to minutes trade.............. just for fun.......
 

SSI

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high is still in, orders are still working........ huge fight going on, right here.. i knew there would be.........

buy one emini sp on a stop 1439.75,,,,,,, place sell limit order (profit target 1441.75)..........

if im filled and not cashed out as well, in 20 minutes,,,, call me,,,,,,, ive got to get out myself.......... (this was note to broker)......... things like this, is why i pay $25rt...........
 

SSI

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nice little nap,,,,,,,,,,,, high of 1439.50 still in.......... the fight wages a few more minutes......
 

SSI

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we actually took out 1439.50 in the last half/hour of trading today.....

filled long at 1439.75,,,,,,,,,,, the market then eased to a high of 1441.50

which was close to our profit target of 1441.75.....

however it didnt drop either....... the settle was 1440.75

market is now closed, this trade would have netted a $50 profit, per contract ------- in about 5 min or less.......

sort of worked but everyone was going home, right there at the end...

market will re-open on night session,,,,,,,, monday evening.......
 

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