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Hello Essan,
Thank you for your insight - I was lucky to close it in the morning
@858. Overall I am bearish as you but this particular long looked
promising to me in the short run. High Vix readings + low advancing
line signal intermediate up-swing may be under way.... But now I guess
it won't happen until war begin.
Best regards,
Alex mailto:alex_bell@xxxxxxx
Thursday, January 30, 2003, 7:19:25 AM, you wrote:
ettc> Agree about not wanting to long from here especially given the way we
ettc> rallied right up to a key resistance on the daily chart and then sold
ettc> off by 8 points into the close.
ettc> The one +ve for the bear camp is that we put in an outside reversal
ettc> with an up close that came right off of key support. If you are
ettc> still long Alex I would risk an an hourly close below 854.50. If we
ettc> rally Thursday morning look to take 50% profits ahead of Wed's highs
ettc> and trail a stop on the balance. Longs may have the wind behind them
ettc> as we are coming into the end of the month. But as I summarized in a
ettc> posting this afternoon we can rally a good deal from here and the
ettc> daily chart will still be bearish in my view.
ettc> FWIW.
ettc> E.
ettc> --- In realtraders@xxxxxxxxxxxxxxx, profitok <profitok@xxxx> wrote:
>> I would not be long here(unless I was long from 855)then my long
ettc> stop will
>> be at 859
>> if you can get out in the night session , I would,
>> (not a trading recommendation)
>> Ben
>> ----- Original Message -----
>> From: "Alex Bell" <alex_bell@xxxx>
>> To: "profitok" <realtraders@xxxxxxxxxxxxxxx>
>> Sent: Wednesday, January 29, 2003 9:21 PM
>> Subject: Re: [RT] sp500
>>
>>
>> > Hello Ben,
>> >
>> > I went long at 860. Stop at 859 that you recommend is only 2
ettc> points
>> > below todays close. It could be hit tomorrow by any
ettc> accidental
>> > intraday move or small gap down on open etc. Please clarify -
ettc> shall we
>> > use this stop at 859 in intraday OR on close only basis? Thanks.
>> >
>> > Best regards,
>> > Alex mailto:alex_bell@x...
>> >
>> >
>> > Thursday, January 30, 2003, 4:49:13 AM, you wrote:
>> >
>> > p> The perfect stop loss is calling for the following levels
>> >
>> > p> 881.45 be 100% long
>> > p> 867.65 be 50% long
>> > p> 863.55 be 25% long
>> > p> 859.0 if you are already long there is your stop loss
>> > p> se gif stop13003 bellow
>> >
>> >
>> > To unsubscribe from this group, send an email to:
>> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
>> >
>> >
>> >
>> > Your use of Yahoo! Groups is subject to
ettc> http://docs.yahoo.com/info/terms/
>> >
>> >
ettc> To unsubscribe from this group, send an email to:
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