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Re: [RT] sp500

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I hear you and agree Ben...............a good strategy with stops is the way to go ............yet Thursday and Friday are still looking potentially weak, according to my work, so that's why I say this is tough.  The screamer you mention for the 26th........ I take that to mean more downside?  In general, February looks pretty bearish to me. 
 
Thanks,
Ron
 
----- Original Message -----
From: Ben
Sent: Tuesday, January 20, 2009 10:29 PM
Subject: Re: [RT] sp500

not if you have a plan,, and follow your plan
a:  what price to buy
B: if wrong,, where is my stop loss
c: if right, where do i exit at profit
d: if right after 1 day,, where do i move my stop loss to?
timing
1/26   is screaming
Ben
----- Original Message -----
Sent: Tuesday, January 20, 2009 9:45 PM
Subject: Re: [RT] sp500

Thanks Ben.  This is tough here.
 
Ron
 
 
----- Original Message -----
From: Ben
Sent: Tuesday, January 20, 2009 8:48 PM
Subject: [RT] sp500

Today was  a nice day to close shorts,and,, if you did not,, most likely we make a lower low tomorrow,max pain is 787.75 for es,
and we close up,
this trade is only for hi risk takers
as from 787.75,, we move to  close at 825.75 ,on Thursday,
hi  could be846.2,
then
south to  take out 787
attach is the long term trading,,
it is NOT  on a buy,, only showing a bullish divergence
be careful
Ben


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