Trading the SPI

[Bronte]

Our timeframe High is this weekend

Hi Euler,
We sold this morning.
Stoploss one point above Fridays High
As per our chart posted on Thursday
Post #1682 5th October 06
Large down day expected.
Now 5196

 

[Bronte]

lol ... anyone take it? ... if you did ... well done!!

Thanks

 

[Bobby]

lol ... anyone take it? ... if you did ... well done!!

Just watched it crumble also

 

[spitrader1]

Hi Euler,
We sold this morning.
Stoploss one point above Fridays High
As per our chart posted on Thursday
Large down day expected.
Now 5196

the down day has got nothing to do with charts or elliot wave or gann or anythings else...if you dont know why the SPI and equities are under pressure from about 1234 onwards, you should not be trading.

 

[Bronte]

Hi Euler,
We sold this morning.
Stoploss one point above Fridays High
As per our chart posted on Thursday
Post #1682 5th October 06
Large down day expected.
Now 5196

As per our call Thursday

 

[Bronte]

Now 5192
Down 48 points

 

[spitrader1]

As per our call Thursday

im happy for you bronte, but the SPI is under pressure for other reasons..

 

[mikeg]

Origianally posted by Spitrader
im happy for you bronte, but the SPI is under pressure for other reasons..

Do you mind sharing those reasons with us?

 

[Bobby]

We sold this morning.
Stoploss one point above Fridays High
As per our chart posted on Thursday
Post #1682 5th October 06
Large down day expected.
Now 5196

Am I missing something That post you quote ( 1682 ) did'nt say anything ?
Are you saying you went short last week & then bought back today for a profit of ?? points.

Cheers
Bob.

 

[neo]

I agree Spitrader 1.
After midday Asian markets opened........ N. Koreas nuke test put a bit a bit of a negative spin on the Asian markets including ours!!!!

 

[wayneL]

'Trading the SPI'
We will soon get back to 2000 posts at this rate

Why is this important?

 

[spitrader1]

Why is this important?

its not wayne, and you took the words right out of my mouth

 

[spitrader1]

I agree Spitrader 1.
After midday Asian markets opened........ N. Koreas nuke test put a bit a bit of a negative spin on the Asian markets including ours!!!!

correct neo.

 

[spitrader1]

Am I missing something That post you quote ( 1682 ) did'nt say anything ?
Are you saying you went short last week & then bought back today for a profit of ?? points.

Cheers
Bob.

well done bob. i got sick of wasting my time posting about catching bronte out and i couldnt be bothered with the fights, so im glad somone else has woken up. just wait, if the dow rallies 300 points tonight, bronte not only covered her short today at the low, but also went long due to gann/elliot wave/filling gap levels.

 

[Bronte]

Keep up the good work lads.
Nice to see a new High

Todays SPI chart:

 

[Bronte]

Am I missing something That post you quote ( 1682 ) did'nt say anything ?
Are you saying you went short last week & then bought back today for a profit of ?? points.

No Bob,
We bought Monday 4964 25th September
Sold 5222 last Thursday expecting a new HIGH
on Friday 6th October (confirmation was today)
Sold this morning, stoploss just above Friday High.
The arrows show Battmans Gann timeframe days.
(timeframe days are usually turning points)

 

[wayneL]

No Bob,
We bought Monday 4964 25th September
Sold 5222 last Thursday expecting a new HIGH
on Friday 6th October (confirmation was today)
Sold this morning, stoploss just above Friday High.
The arrows show Battmans Gann timeframe days.
(timeframe days are usually turning points)

Where did you post the trades?

 

[Bronte]

'Trading the SPI'
Sycom closed at 4966
If we open around here on Monday
Then we will be looking to Buy the SPI

Here Wayne

 

[Bronte]

Sat 23rd Sept 12.54PM

Our Target is 5222

and here Wayne

 

[Bronte]

Hi Euler,
We sold this morning.
Stoploss one point above Fridays High
As per our chart posted on Thursday
Post #1682 5th October 06
Large down day expected.
Now 5196

Answer to Eulers question only
Not posted beforehand this one