| TIME | ALERTS | |
| 15:56 | Indicator worked good. I did not do such a good job of reading the trends. More in tonights summary.
| |
| 15:55 | A lot lower.
| |
| 15:50 | Yup. Lower we go.
| |
| 15:44 | I think we are going lower.
| |
| 15:41 | I would not feel comfortable playing that last reversal.
| |
| 15:30 | Be sure to checkout todays chart when I posted it this evening.
| |
| 15:26 | Last reversal for today is 15:44. That is awful close to the close.
| |
| 15:25 | ** STOPPED OUT @ 868 PROFIT -3
| |
| 15:22 | The spread between bid and ask price of Call options has increased greatly.
| |
| 15:20 | 30-minute candles confirm upward movement.
| |
| 15:17 | Breaking 875 might be hard to do.
| |
| 15:16 | WE ARE IN AT 870
| |
| 15:14 | ** BUY @ 870
| |
| 15:12 | We are drifting down into the next reversal. That could give us the kick start a small rally.
| |
| 15:10 | Does not look like we will break 870 here.
Watch for move below 862.
| |
| 15:08 | Still not in.
| |
| 15:07 | The move has to be within the next 10 minutes.
| |
| 15:04 | ** BUY @ 870
| |
| 15:03 | Now, if we made some gains in the next few minutes, then the pop is upwards.
| |
| 15:02 | Hold on. Do not jump yet.
| |
| 15:02 | Look like we might have to short here.
| |
| 15:01 | Darn, signals continue to be conflicking right up to the last minute.
| |
| 15:00 | It is going to pop, but we will not know which way until the last minute. Conflicking signs in direction.
| |
| 14:55 | Now if we can just make a straight line between now and 15:05.
| |
| 14:53 | Yes. There is our 865. Too bad I am not making any money on these :-)
Hope one of you smart traders out there are cashing in.
| |
| 14:52 | Another Major reversal at 15:16 and another at 15:45. Remember the one at 15:05 is a major with some clusters. Still the strongest one on the chart.
| |
| 14:46 | We are a little above the top of the triangle. Still think this will reverse and hit 865.
| |
| 14:41 | If we hit the top of the triangle in the next 5 minutes, a short play with a target of 864 could put some change in your pocket. Me, I am going to wait till the major reversal hits.
| |
| 14:37 | We are bouning around inside that triangle.
| |
| 14:36 | Small clustered reversal at 14:44. Might takes us back down to the bottom of the triangle again.
| |
| 14:36 | Look at any 5-minute chart (OEX,SPX, NDX etc.). Do you see the triangle forming?
| |
| 14:34 | The most logical thing to expect now is a side-ways movement into 15:00.
But, if 862 is taken out, then we are looking at 850.
I will wait till the 15:05 reversal before taking a position.
Unless something unusual happens.
| |
| 14:31 | Remember, we have support at 862
| |
| 14:27 | In addition to the major reversal at 15:05, we now have some clustered reversal showing up within 5 minutes of the major reversal. Could be the best play for the day.
| |
| 14:25 | Little bit of a reteat for the next few minutes.
| |
| 14:21 | If we follow the current trend, we should trend down into the 865 area, that major reversal will pop us up.
| |
| 14:19 | A major reversal is forming at 15:05
| |
| 14:09 | Strong support at 862. Resistance at 872
| |
| 14:07 | I see we had a culster of smaller reversal at 13:52. There should be a good size move coming, and I think it is to the downside.
Stay tuned.
| |
| 14:03 | We have another reversal in a couple of minutes. We will wait to see what happens.
| |
| 14:02 | Things still looking negative.
| |
| 14:01 | OK. Got my other business taken care of. Back in the saddle. Giv eme a few minutes to get the pulse of the market.
| |
| 13:37 | Great time to buy Puts
| |
| 13:32 | Go to a 2-minute chart, and look at 12:38. Then go to a 15-minute chart and look at 12:38. You should see a nice reversal setting up.
| |
| 13:27 | Support at the 868 area.
| |
| 13:20 | Remember that major reversal at 12:38? It is still working. We got a "W" reversal out of it which means we are going much lower right now. I am too busy with something else to make a call right now.
| |
| 13:15 | Something unexpected came up. I am out of the Trading Room for a few mintues.
| |
| 12:57 | If anyone here is from the TimeAndCycle yahoo group, better bookmark this page. Looks like I am being kicked off for spamming
| |
| 12:48 | ** STOPPED OUT @ 878 PROFIT -3
| |
| 12:45 | Minor reversal at 12:47. Could signal another leg down.
| |
| 12:42 | Support @ 868
| |
| 12:41 | Current reversal had an excellent set up.
| |
| 12:39 | WE ARE IN @ 875
| |
| 12:38 | .OXBKM TAKE PROFIT.
| |
| 12:37 | ** SELL @ 875
| |
| 12:36 | We are at the reversal.
| |
| 12:24 | Look like last reversal was read wrong.
| |
| 12:24 | .OXBKM BID IS 1.95
| |
| 12:23 | .OXBKM BID IS 1.85
| |
| 12:20 | We are at another reversal. Expect move down.
| |
| 12:19 | ** OUT @ 873 PROFIT +2
| |
| 12:19 | Get out.
| |
| 12:14 | It is taking too long. Market is doubting itself.
| |
| 12:12 | Move stop to 870
| |
| 12:11 | .OXBKM BID IS 1.75
| |
| 12:09 | Support at 870 is holding.
| |
| 12:07 | New reversal time at 12:38
| |
| 11:59 | Yikes! No resistance till 905!
| |
| 11:58 | We are in at 871.
| |
| 11:57 | We have to punch through that 870 with some force.
| |
| 11:54 | .OXBKM BID IS 1.55
| |
| 11:53 | ** BUY @ 871
| |
| 11:52 | Move above 870 would be very bullish. I think I would buy there.
| |
| 11:47 | Indicators remain positive.
| |
| 11:46 | Watch out. Reversal just formed at 11:50
| |
| 11:44 | We hit resistance @ 860.
We are moving down.
Support @ 850
| |
| 11:43 | If there is a pop, it has to be to the downside.
| |
| 11:42 | We could see a pop here. Market is coiling up.
| |
| 11:36 | Overall, the trend is positive right now. Resistance @ 860
| |
| 11:33 | Looks like the reversal was a dud.
Waiting for next reversal.
| |
| 11:26 | Downward indicators are building, but we must see a move within the next 10 minutes.
| |
| 11:22 | If we move down, support should be around 845.
| |
| 11:20 | ** SELL @ 856
| |
| 11:19 | If you bought .OXBKM, hold it, it should pay off later today.
| |
| 11:18 | ** STOPPED OUT @ 859 PROFIT -3
| |
| 11:14 | Still leery about the direction.
| |
| 11:14 | We are in.
Watch for resistance @ 870
| |
| 11:12 | Of course, we have to get in first.
| |
| 11:11 | At the first sigh I called the direction wrong, get out.
| |
| 11:10 | .OXBKM is selling 1.5
** BUY @ 862
I am going long.
| |
| 11:08 | Mixed signals on the direction.
| |
| 11:05 | We are moving too high. Reversal could be to the downside now.
| |
| 11:03 | We need a little more to the downside in the next 5 mintues.
| |
| 10:59 | Almost there.
| |
| 10:56 | Get ready to go long.
| |
| 10:55 | Looking good so far.
| |
| 10:50 | Move to the up side should be in the cards shortly.
| |
| 10:41 | We have a major reversal coming up at 11:10
| |
| 10:39 | Got a bounce off support at 850.
Looks like this could be a very predictable day.
| |
| 10:30 | Yup. 10:00 reversal went south.
| |
| 10:04 | Watching.
| |
| 09:54 | This could mean another down leg.
| |
| 09:53 | Oops. Looks like the trend is changing.
| |
| 09:52 | .OXBKM selling @ 1.25 down -0.50
Could be a good play at 10:00.
| |
| 09:48 | We getting close to 10:00, and the trend is clearly down. If it holds, then we go long at 10:00
| |
| 09:35 | SPX support @ 850
| |
| 09:34 | We will be going up at some point today. Gap on NDX.
| |
| 09:14 | 10:00 is a reversal time.
| |
| 09:06 | Good morning!
| |
