Monday, August 25, 2008
NDX QQQQ NQ Trading (Agust 25, 2008)
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Stock traders, investors, blog readers, market watchers, money makers, all readers:
NDX QQQQ NQ Trading (Agust 25, 2008): After nailing the top of Friday (see friday's post), we call 1910 of today as this morning's bottom at 10:02AM.
Actually we made the calls of today, and also posted the call of friday, on a forum where apparently those active in the market hang.
Here is the posts we made this morning at the forum with NDX at 1910:
Friday Post on the forum:
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I agree with previous post, and would add this: A proper call should indicate at what price, time, direction, and size should the trade be. We wrote this afternoon on RFT's blog:
"With NDX at 1937, we are selling the NDX longs, and going short (half normal size)."
It contains time, price, direction, and size!
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Today's call:
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It is 10:02AM, and NDX is at 1910.
Pull a chart, and find the top of friday, and the bottom of today
Read the above post made on Friday.
Find the tops and the bottoms in hind-sight and judge RFT's calls!
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