tag:blogger.com,1999:blog-12333088.post8288097827140548010..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on August 10, 2010Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12333088.post-4001844824738978432010-08-10T13:09:44.273-04:002010-08-10T13:09:44.273-04:00This is the first time i'm thinking that the u...This is the first time i'm thinking that the usd is very near a low. usdindex may have one more push down to about 77 then take off and take the MAJORITY by TOTAL surprise. If i see 78 I'll start buying in the money put options in EUR. <br /><br />Watching the USD index and EURUSD...Trading The Chartshttps://www.blogger.com/profile/00792175488254382700noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-31387532051421616962010-08-10T11:45:48.010-04:002010-08-10T11:45:48.010-04:00Edwin.. you sound wise.
I will go long today as
I...Edwin.. you sound wise.<br />I will go long today as <br />In AsiaPac, the biggest release will be the July eco numbers for China which hit Tuesday night/Weds morning (Trade Balance, PPI, CPI, Retail Sales and IP).<br />Tomorrow CSCO results..<br />Always grateful to Carl's teachings<br />and insight which is the best.<br />Yesterday's short over 1125 was justified but not now..<br />Happy safe trading to all on this site!<br />No shorts for me whatever..Navhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-77969125594039071172010-08-10T11:31:13.359-04:002010-08-10T11:31:13.359-04:00My take is that the 200 day SMA (SPX Cash 1,115.50...My take is that the 200 day SMA (SPX Cash 1,115.50) is the line in sand.Also, a drop below 20 day EMA (1106.30) would cause me to go short under the Extreme Point rule if SPX closes below last Friday's low. <br /><br />Folks, I suggest you come up with a trading plan and take advantage of Carl's generous guidance. You are empowered with confidence.Edwinhttps://www.blogger.com/profile/08996831560825424860noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-27069769376589360522010-08-10T11:20:42.253-04:002010-08-10T11:20:42.253-04:00It is interesting in that I was thinking we were &...It is interesting in that I was thinking we were "due for a drop" or a minor correction. The part that concerns me is that a 50 point drop (are you think the 1077 area, Carl) is quite a pullback. This could shake out some longs and cause the bears to pile on for another 50 points at least.dcatlowpjhttps://www.blogger.com/profile/03568127255552643343noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-19012970831140421842010-08-10T09:53:41.230-04:002010-08-10T09:53:41.230-04:00GM!
1110--1111 great floor .buying and doesn'...GM!<br />1110--1111 great floor .buying and doesn't look like 50 pts correction to me,now.I am out of trade as my work<br />is still not convinced w/big drop and <br />98% your estimates had been correct in last 8 mnths.<br />Thanks alot for guidance.Navhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-17754616854280602562010-08-10T09:14:16.301-04:002010-08-10T09:14:16.301-04:00Carl,
What do you see in 1111? Please elaborate.
...Carl,<br /><br />What do you see in 1111? Please elaborate.<br />thanks,<br /><br />MendiAnonymoushttps://www.blogger.com/profile/15306200045196329449noreply@blogger.com