Archive for January, 2009

Have we put the bottom?

Thanks for your votes…br /br /Past poll result is:br /br /a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=”http://2.bp.blogspot.com/_ZdctlOEsqMQ/SXf4emgGqOI/AAAAAAAABYQ/kbdrabTkFRw/s1600-h/DC_Capital_01+Jan.+21+23.31.gif”img style=”cursor:pointer; cursor:hand;width: 255px; height: 265px;” src=”http://2.bp.blogspot.com/_ZdctlOEsqMQ/SXf4emgGqOI/AAAAAAAABYQ/kbdrabTkFRw/s400/DC_Capital_01+Jan.+21+23.31.gif” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5293973091612272866″ //a

Have we put the bottom?

Thanks for your votes…

Key reversal day on volume

We got the key reversal day on volume, I closed YM hedge staying net long ES and other given ETFs. Expecting a significant gap up tomorrow.

shorted YM @7985 against ES

I closed SP around 815 in the morning, hedging ES with YM for the day.

Today will be a reversal day

Based on yesterday’s EOD, today will be a key reversal day. What this means is, after a morning spike which we are seeing currently, there will be lower prices. This could be 780 or 790 or higher on ES but this level will produce a severe reversal that will push the indices above today’s opening prices by the close. Before the noon, I will be closing SP big contract positions that I opened below 820 last week. I will reenter later today.

Why sell off can not last

and the low will produce new swing highs on many indices. Internal charachteristic is not showing similar signs as the previous sell offs. VIX is broken. br /br /a href=”http://2.bp.blogspot.com/_ZdctlOEsqMQ/SXZ213dCDhI/AAAAAAAABYI/PdqThsE-JzM/s1600-h/AY7LKZ3CA93NIUUCAUJYJ3HCAULB21HCA4DQNVMCA14HY7RCAUQ7TAJCAW0Y3YTCA6E3ZGKCATRTJMMCA7AFD9SCADWXCKNCAS51GK2CAICI34CCA7VO57ZCAWEUMHXCAJAE0ICCABU9N2UCAND7HVS.png”img style=”cursor:pointer; cursor:hand;width: 400px; height: 314px;” src=”http://2.bp.blogspot.com/_ZdctlOEsqMQ/SXZ213dCDhI/AAAAAAAABYI/PdqThsE-JzM/s400/AY7LKZ3CA93NIUUCAUJYJ3HCAULB21HCA4DQNVMCA14HY7RCAUQ7TAJCAW0Y3YTCA6E3ZGKCATRTJMMCA7AFD9SCADWXCKNCAS51GK2CAICI34CCA7VO57ZCAWEUMHXCAJAE0ICCABU9N2UCAND7HVS.png” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5293549079811460626″ //abr /a href=”http://1.bp.blogspot.com/_ZdctlOEsqMQ/SXZ2jsvCjmI/AAAAAAAABX4/5mzTbpCS-_g/s1600-h/A11BP0GCA33KT0ZCALIXPH6CATKNP7OCAW4DD1ECAZG32A3CA0OJHNTCAC7Q435CAQTYH5TCAJN2910CARTH04ACAW4HJE8CAZQK5UXCA6K7J2DCAY8LRDBCA6YY52KCAHKBRMSCAZOFRMJCAYGI03D.png”img style=”cursor:pointer; cursor:hand;width: 400px; height: 314px;” src=”http://1.bp.blogspot.com/_ZdctlOEsqMQ/SXZ2jsvCjmI/AAAAAAAABX4/5mzTbpCS-_g/s400/A11BP0GCA33KT0ZCALIXPH6CATKNP7OCAW4DD1ECAZG32A3CA0OJHNTCAC7Q435CAQTYH5TCAJN2910CARTH04ACAW4HJE8CAZQK5UXCA6K7J2DCAY8LRDBCA6YY52KCAHKBRMSCAZOFRMJCAYGI03D.png” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5293548767696555618″ //abr /a href=”http://3.bp.blogspot.com/_ZdctlOEsqMQ/SXZ2jKbS1II/AAAAAAAABXw/dZtis8LPyjw/s1600-h/untitled.GIF”img style=”cursor:pointer; cursor:hand;width: 400px; height: 276px;” src=”http://3.bp.blogspot.com/_ZdctlOEsqMQ/SXZ2jKbS1II/AAAAAAAABXw/dZtis8LPyjw/s400/untitled.GIF” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5293548758486930562″ //a

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