Thursday, November 13, 2008

Sold at 876

will buy back later today

31 comments by xTrenders :

Trading Signs said...

You think it will dip?

Greenie said...

Good one !!

W. v. pashee - means nada to me.

SimpleTrade said...

How low do you think we'll pull back?

Mr. L said...

wowaaaweeewaahhhh!!

Atilla M. Demiray said...

I will buy Spoos later today

Mr. L said...

subscribing

projectsen said...

wth are spoos?

H said...

well done Atilla

Great trading

stockaholik said...

It is my suggestion that unless you are in some sort of hurry, you just leave your trades on. How can you hold his trade down so far, then dump it when it is getting juicy? I don't mean that in any maligned way, just a logical question for most of you. It will pull back, it will end up higher (today, tomorrow, next week, whatever). Remember Reminiscences? This message is all over that book...

Little Piggy said...

spoos = sp futures

Vineet said...

With you atilla. Got in/out of SSO for a quick gain. Will look at loading it later based on your calls.

xvidivx said...

No message in twitter

Atilla M. Demiray said...

They said twitter is not working folks

Lawrence Chiu said...

Did you sell both ES and TF? Or just ES?

Atilla M. Demiray said...

unloaded everything ES=876 and TF=471

Lawrence Chiu said...

Atilla because Twitter is not working and I missed new post, should I still unload at ES 864 and TF 463?

Thank you.

Trading Signs said...

Atilla M. Demiray said...

They said twitter is not working folks
===================================

It's back up Atilla

Steve said...

Induse, are you still long?

Atilla M. Demiray said...

we are close to the bottom i think, I would wait if I missed 880


i will post my entry

Whale said...

Atilla, excellent call for the day so far.

Whale said...

Atilla, excellent call for the day so far!

Zeistgist said...

Hi Atilla
Wat is ES and TF

Lawrence Chiu said...

ES = S&P500 e-mini futures. Behaves same as SPY; 2x ETF = SSO

TF = Ditto for Russell 2000. Behaves like IWM; 2x ETF = UWM

johnboy - Moderator said...

So far so good.

Lots of confirmations all round.

Looks like the C wave is in play.

Will start dipping my toes on this correction - just the toes I don't need for balance ;-)

Took me an hour just to clean all the shark guts off my screen, Atilla. You need some more napkins????

Lonewolf2007 said...

Atilla,
Brilliant Calls.

Thankyou....

Austin said...

looks like SPY pulled back to test the neckline of the inv. h&s on low volume at around 864. minimum price objective of the ihs 910. melf, any thoughts? thanks

johnboy - Moderator said...

OK time to rip some greedy suckers heads off with a corrective move... somewhere.... now.... please...

coption said...

atilla, bad call here. man, i hate when this happens. Of course, it's a pleasure to follow you after all... i sold half here with you, but i should have never done that! i nailed some spy call for .55(the almost absolute bottom), and sold here for 1.6(the high before was 1.82). Unfortunately, i sold the other half at 2.6 when spx@900ish... man, 3:59pm should be the time. i could have sold for 3.10.

txtornado42 said...

interesting how 882 catapulted the es to the next square of 912..typically u would take half off the trade 360 degree reversal off the 823 square....cant make this stuff up...882 should be support on a pullback on our way back to our old friend 1005 square... oil, as i said, squared with time and price today...that may have be low tick. GS 62 was the same...long and strong with you Atilla....ZZ Top...just got paid today!

dae42 said...

The NYSE TICK reached -1940. That's a new all-time record low, by 300 issues. Everything dumped at once.

That can politely be termed a "Puke-a-Thon". Nothing but blue skies above for awhile.

PCap said...

Blogger stockaholik said...

It is my suggestion that unless you are in some sort of hurry, you just leave your trades on. How can you hold his trade down so far, then dump it when it is getting juicy? I don't mean that in any maligned way, just a logical question for most of you. It will pull back, it will end up higher (today, tomorrow, next week, whatever). Remember Reminiscences? This message is all over that book...

---------------------------

excellent point

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Blogger Lawrence Chiu said...

ES = S&P500 e-mini futures. Behaves same as SPY; 2x ETF = SSO

TF = Ditto for Russell 2000. Behaves like IWM; 2x ETF = UWM

-----------------------------

This really is asked a lot, should be put on the main page

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Blogger dae42 said...

The NYSE TICK reached -1940. That's a new all-time record low, by 300 issues. Everything dumped at once.

That can politely be termed a "Puke-a-Thon". Nothing but blue skies above for awhile.

I see a low of -1947 on 09/17/2001, but yea, it sticks out like a sore thumb. The lowest between today and 09/20/2001 is -1513, so today was almost 30% over the highest value in 7 years.