Investment

» chlo888 - I see a breakout on the 90 min chart...anyone else see it?

In response to Handshake5 posted by Normxxx:

-- posted by chlo888

» GROUNDZERO - Asleep for 20 years...

In response to Handshake5 posted by Normxxx:

This guy was asleep for 20 years. When he woke up, the first thing he did was phone his broker. His broker said his portfolio was now worth $10 million. Then the operator cut in ask asked the guy to depost another $15 million for the next three minutes. Oh, well...

GZ http://xrl.us/SpiralProfits

NOTICE: The time stamp on this forum is not Chicago Time, so kindly take this into account when questioning time and sales when trades are posted. The SP's are traded in Chicago.

For free email alerts after each new position is entered, contact me at mailto:spiralprofits@gmail.com but if you already signed up last year, there is no need to sign up again. Just be sure your email address is the same. If not, then please let us know so we can make that correction.

DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» GROUNDZERO - A quick market comment...

In response to Asleep for 20 years... posted by GROUNDZERO:

There is a chance we could still re-test the 1500ish level once again, but I believe the lows are already in place, we should see a rally to new bull market highs before the end of this year...

GZ http://xrl.us/SpiralProfits

NOTICE: The time stamp on this forum is not Chicago Time, so kindly take this into account when questioning time and sales when trades are posted. The SP's are traded in Chicago.

For free email alerts after each new position is entered, contact me at mailto:spiralprofits@gmail.com but if you already signed up last year, there is no need to sign up again. Just be sure your email address is the same. If not, then please let us know so we can make that correction.

DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» chlo888 - GZ--did you mean the 1400ish level?

In response to A quick market comment... posted by GROUNDZERO:

-- posted by chlo888

» somedude3 - Asleep for 20 years...

In response to Asleep for 20 years... posted by GROUNDZERO:

Sounds like a fed governor nightmare.

-- posted by somedude3

» GROUNDZERO - Yes, I meant the 1400 level...

In response to GZ--did you mean the 1400ish level? posted by chlo888:

Riight, sorry about that eror, I guess I was in the wrong century for a moment... I meant to say a possible re-test of the 1400ish level...

GZ http://xrl.us/SpiralProfits

NOTICE: The time stamp on this forum is not Chicago Time, so kindly take this into account when questioning time and sales when trades are posted. The SP's are traded in Chicago.

For free email alerts after each new position is entered, contact me at mailto:spiralprofits@gmail.com but if you already signed up last year, there is no need to sign up again. Just be sure your email address is the same. If not, then please let us know so we can make that correction.

DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» tradesome1 - Could someone give me a live read on the sept. s&p futures.

Thanks

-- posted by tradesome1

» brofojoe - Could someone give me a live read on the sept. s&p futures.

In response to Could someone give me a live read on the sept. s&p futures. posted by tradesome1:
up 16.5 @3:58 eastern spu7

brofojoe

-- posted by brofojoe

» lcha - Futures up in evening

The S&P futures are up 12.25 this evening. I guess Bank of America putting $2B into Countrywide was a nice move.

OK, I am trying a 'cute' move in the after hours trading. I closed out my long position I took at 1393 last week at 1480 this evening. There was a 10 point gap up from 1468 to 1478 and these evening gaps usually get partially filled so I have a buy limit for 1473.50 to get an extra 6 points. Of course it is probably a dumb move as we may go up from here and if so I'll learn lesson #5671. I'll be long again on a spiral reversal by a few days anyway so...

I'm pretty happy with this last down spiral. I initially went short when the main up spiral reversed at 1513 and closed the position at 1493 for 20 points. I took a long position at 1393 on a mini down spiral wall play and closed it this evening for 87 points. So, I'll drink a glass of HDL boosting wine tonight and toast to 107 points while I have it.

BTW, I have the reverse point for tomorrow at 1498.

-- posted by lcha

» somedude3 - Yes, I meant the 1400 level...

In response to Yes, I meant the 1400 level... posted by GROUNDZERO:

Your prognostication sound hautingly familiar.

-- posted by somedude3