Tuesday, October 11, 2011

Can this pig fly today? Hmmm....

 I really dont think so :)

7 comments:

  1. What does that mean, pig fly today

    thanks

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  2. I think he means ST top, right Pata. I am looking to short today from SPX 1200.

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  3. Hi, sorry for late response, somehow I erased Disqus comment sys from this template and current system does not emailed me.
    I just tried to say there were little possibility of breakout on 10-11, and we should have topped the following day (marginal high), but this bull seems to be in very good shape after weeks of accumulation.
    We still can print a top but it will be likely be higher than ES1216 IMO.
    GL

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  4. Any chance we just keep slowly going up? This looks unnatural to me, I saw where UI said the same thing. I have a different system and came to the same conclusion. I wouldn't have exited my longs, but the sell signal I had was worth trading. Flat here.

    I'll be watching signs for the pre-flash crash meltup to start soon. Just a couple of points a day. booooooo!!!!! Not happy but will adapt.

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  5. Any target for how high this can go? Thanks!

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  6. We'd better don't have targets for this move... all of them would be run over, I believe.
    Patience is key, more than anything.

    GL

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  7. Yeah, this rally is relentless, Pata. I got stopped out for -5 on Fri. Still believe a ST top is near; will reattempt at 1229.

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