Comments on: Charts: DGP, PWE, SPX (S&P 500 Index) http://www.phantasmix.com/charts-dgp-pwe-spx-sp-500-index.html Trading stocks and options -- contact @ phantasmix.com Thu, 10 Jun 2010 06:55:10 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Phantasmix http://www.phantasmix.com/charts-dgp-pwe-spx-sp-500-index.html/comment-page-1#comment-3665 Phantasmix Thu, 08 Jan 2009 13:20:39 +0000 http://www.phantasmix.com/?p=1687#comment-3665 Hi HC, looking at the futures now and I'm scared. It's been awhile since we had -10 on SPX in premarket. Obviously, I regret buying the calls, but since they are Feb., I'll stick with them for now, as I think I may have a better chance to get out. Besides, I'm still net short. The chart above DOES look like what IBD says. However, note that the previous low was higher, so hopefully we'll just go to 888, and not 850 or below. Have a good day. Hi HC,
looking at the futures now and I’m scared. It’s been awhile since we had -10 on SPX in premarket.

Obviously, I regret buying the calls, but since they are Feb., I’ll stick with them for now, as I think I may have a better chance to get out. Besides, I’m still net short.

The chart above DOES look like what IBD says. However, note that the previous low was higher, so hopefully we’ll just go to 888, and not 850 or below.

Have a good day.

]]> By: headlinecharts http://www.phantasmix.com/charts-dgp-pwe-spx-sp-500-index.html/comment-page-1#comment-3664 headlinecharts Thu, 08 Jan 2009 13:14:08 +0000 http://www.phantasmix.com/?p=1687#comment-3664 Hi, I'm getting a little paranoid too. IBD mentioned today that the market has a pattern of breaking slightly above resistance then failing. But the market was overbought and seems like it needs to consolidate a lot of the gains off the lows. Hi, I’m getting a little paranoid too. IBD mentioned today that the market has a pattern of breaking slightly above resistance then failing. But the market was overbought and seems like it needs to consolidate a lot of the gains off the lows.

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