Monday, November 16, 2009

sold one unit at 1108.50

 

4 Comments:

Blogger Jim said...

Carl

Nice pick off on that rally.
You makke it look too easy!

11/16/2009 10:35:00 AM  
Blogger extrader said...

Great trade Carl!

Looks like volatility picked up this morning... market looks strong for the first hour so far... lets see if it can continue!

11/16/2009 10:28:00 AM  
Blogger extrader said...

NYSE and TICK strong... could be a UP day!

11/16/2009 10:31:00 AM  
Blogger jeff said...

I think Wave IV of this last Wave V process completed itself at S&P 1112(cash). Using a 38.2% retracement of Wave III's length should find ourselves at 1102 before Wave V takes us to 1120 or so.

I think this process will be complete by end of day tomorrow/early Wednesday.

After that, I'm looking for either the start of many 5 wave down processes to start or one last ABC retracement and Wave V structure.

11/16/2009 12:30:00 PM  

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