ALSI

[Mar-11]

im still longer term bearish...just think we will still see bounces..28600 odd wld not suprise me today... above that cld be prime shorting....

[richardw]

Same as me. Long (or rather medium)-term bear but our market does like a bit of a bounce when it can get away with it. My average entry point is dropping but I'm still mostly long. If we go up again I'll happily short the bounces.

[richardw]

Let me rephrase that. I'm entering lower and also selling lower. When the overseas guys drop and we're faffing around, I'm shorting.

[#4]

Well I have just gone short on my system that doubled me up in March - April, but that has only given me net 200pts in the whole of May.

[#5]

so there was no system to me taking 100pts profit on that trade - not at all, just pure gut and the fact that I have taken consecutive bad beats in the last week on profitable trades that turned into losses. On that note, I think I will pack up for the day - at least until wall street opens.

[richardw]

I exited yesterday's long juuust before it dropped, picked it up again the bottom and I see your 100pts profit :)

[#7]

SP500 is trading a triangle(10 min chart),That is the reason why we also up and down all the time.Presently doing the d leg down.I am short aiming for 28140.I think sp500 will break out to bottom when us markets open.Target of the triangle 1270 for sp 500.alsi possibly testing 28000 then.For now in the range.

[#8]

UsA data at 2.30..Trade Balance and Unemployment Claims

[#9]

gap trade time..hold on to yer socks

[#10]

HI, where could we open tomorow, im already out today... down or up and may the max we can expect from this gap. Im thinking of going back again?

[G_V_V]

Dow futures must brake the 12000 and then the 12200 for the ALSI to move up. If the Dow brakes the 12200 it can go to 13200.

[#12]

Something really ominous about that Rounded Top Formation on the ALSI.The central Banks will pull the plug properly and then...much lower....they'll save us from Ourselves.= Usual Con,Different Year.Careful out there.As Zzzz gets ready for Gaaa !