SPI200 Chat - What will happen next?? *suspense music*

[Edwood]

did someone kick the plug out?

 

[Sean K]

did someone kick the plug out?

Lemmings kicked it out.

Time for some investors to pick up some oversold stocks coming up.

 

[Mr J]

A nice 20 minutes of steady, upwards movement there. Good pyramiding for faster traders!

 

[skc]

Is anyone watching the SPI still awake? One truely needs to heed the way of the turtle with today's action.

Have a feeling that the SPI is due for a 3:30pm rally. Any thoughts?

 

[Mr J]

I foolishly took a late stab at the SPI just now - about 5 minutes before it fell apart. I wouldn't usually get into a wave that high, but I guess greed got the best of me. This one might break further.

 

[skc]

Is anyone watching the SPI still awake? One truely needs to heed the way of the turtle with today's action.

Have a feeling that the SPI is due for a 3:30pm rally. Any thoughts?

Changed my mind. I based my feeling on the Nikke and DOW futures being quite strong. But something happened 5 minutes ago and there is no more strength there to lean on anymore.

Hopefully we have done enough falling today.

 

[Gordon Gekko]

Is anyone watching the SPI still awake? One truely needs to heed the way of the turtle with today's action.

Have a feeling that the SPI is due for a 3:30pm rally. Any thoughts?

I think we will see it close on the low


G

 

[Mr J]

Hope so, got on short at 3846 - hopefully it doesn't retrace too far.

 

[Trembling Hand]

Hope so, got on short at 3846 - hopefully it doesn't retrace too far.

Go ahead and tell me were ya stop is. I dare you.

 

[Mr J]

I suppose you think I'm about to be pushed out?

Edit, you were right, but I'd moved my stops.

 

[Trembling Hand]

I suppose you think I'm about to be pushed out?

Edit, you were right, but I'd moved my stops.

:nono:

:burn:

 

[Mr J]

I don't mess around getting greedy so far after the peak of a wave, TH.

 

[skc]

Retracement just ending here is my guess.

Limit short at 3856, stop 3859

 

[Mr J]

Would seem so, but I'd prefer to give it a little more.

 

[skc]

3841 that will do

 

[Mr J]

Round 3 soon?

 

[skc]

Limit short 3861, stop at 3 pts.

Target 3850.

 

[skyQuake]

Limit short 3861, stop at 3 pts.

Target 3850.

Bit late isnt it?

 

[Mr J]

I think he shorted on the way up and got stopped out soon after. London waking up.

Edit, late as in time...ah.

 

[skyQuake]

I think he shorted on the way up and got stopped out soon after. London waking up.

Edit, late as in time...ah.

Yeh i was looking at post time. 4:29 too late for a 3tick stop trade lol.

But prob traded it and posetd later