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GLOBEX 10 -14-08


ORDER TO SELL ONE AT 1029.75, 2.5 STOP
quote:
Originally posted by BruceM

don't forget your closing $tick..I started shorts at 39....trying for 24....



Bruce,

load $tick and set it to daily, then make a 14-day simple MA. Watch the MA for breakouts of sideways moves, trendbreaks, old tops and old bottoms. This is one of the tools I use for options.
On it we hit levels we haven't since 1/25/08 and signaled a long the morning of 10/10
short from 1047.00, 3.5stop...
according to closing ticks on the nyse, a good decline should begin within 2 trading days.up 2.75 handles so far today.
trying to exit around the 1042 area.looking for 1040
ill exit at 1044.25.. getting long in the tooth
out 1044.25..plus 2.75.. now up 5.5 on the session
order to buy one at 1040.75, 3 point stop
trying to buy at 1054.25
taking profits here..long from 1054.25
thats a good idea....