Tuesday, December 9, 2008
tomorrow and today stock price prediction (qqqq, spy, dia, ndx, nq, spx, djx trading, December 9, 2008)
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tomorrow and today stock price prediction (qqqq, spy, dia, ndx, nq, spx, djx trading, December 9, 2008)
(ALERT: December 10, 2008: 11:33AM we are starting to scaling in on short side with NDX at 1228).
(ALERT: A post will be made later which essential will indicate that at 11:20PM december 9, 2008, a short eur/GBP has been generated by our analysis with eur/GBP at 0.8775).
We could not follow the market in the morning except closing the overnight trade at open which lead to around 20 NDX points. The trade was short NDX at close yesterday at 1225.
Today is Tuesday. A summary of the results of trading for each day during the last seven days are:
Tuesday (of last week): 78NDX points
Wednesday:75NDX points
Thursday: off day (thanksgiving)
Friday: 78NDX points
Monday (yesterday): 34N DXpoints
Tuesday (today): so far (as of 12:30PM) 20 NDX points.
We are now in afternoon session. Let us start.
12:42PM: with NDX at around 1242, we are scaling in a quarter size position. direction short QQQQ options calls (which is short QQQQ, nasdaq-100).
1:05P: the market rolled down immediately after visiting the entry price of 12:42PM. A great entry. No draw down. NDX is now at 1228. Position is showing 14NDX points so far.
Profit taking
1:17PM: with NDX at 1223, we took the position off. Profits: 19NDX points. Today's current profits: 39NDX points.
2:32PM: NDx at 1204. This is a risky trade. We are scaling on LON side of NDX. Details later. Size 1/8 or 1/4 depending on filling of normal trade size. We have other matters to attend to. We would not be able to report on the progress, but NDX should revisit 1210 area. The farthest we will take profits is if NDX were to go to 1220 to 1225 area. One should reverse at that point, as market should close below 1225.
2:42PM: With NDX at 1212 Profits taken on LONG position. 8NDX points profit.
We were NOT patient to wait for profits today! Read what we posted on 2:32PM. The outcome was exactly what we thought it would do.
2:58PM: with NDX at 1222, scaling on short side. Entry is complete, and we were luck to get entry at a bit higher than 1222, when NDX spiked to 1226. We get entry somewhere in between, let us say 1224. It should end at 1225 or below if our analysis is right.
We may not be able to post before the close. NDX is now at 1218. 6NDX profits so far, but we plan to possible take profits on a visit at around 1213.
3:29PM: with NDX at 1213, we are taking the profits. Another 11NDX points.
Tally for today: 58NDX points.
(ALERT: December 10, 2008: 11:33AM we are starting to scaling in on short side with NDX at 1228).
(ALERT: A post will be made later which essential will indicate that at 11:20PM december 9, 2008, a short eur/GBP has been generated by our analysis with eur/GBP at 0.8775).
We could not follow the market in the morning except closing the overnight trade at open which lead to around 20 NDX points. The trade was short NDX at close yesterday at 1225.
Today is Tuesday. A summary of the results of trading for each day during the last seven days are:
Tuesday (of last week): 78NDX points
Wednesday:75NDX points
Thursday: off day (thanksgiving)
Friday: 78NDX points
Monday (yesterday): 34N DXpoints
Tuesday (today): so far (as of 12:30PM) 20 NDX points.
We are now in afternoon session. Let us start.
12:42PM: with NDX at around 1242, we are scaling in a quarter size position. direction short QQQQ options calls (which is short QQQQ, nasdaq-100).
1:05P: the market rolled down immediately after visiting the entry price of 12:42PM. A great entry. No draw down. NDX is now at 1228. Position is showing 14NDX points so far.
Profit taking
1:17PM: with NDX at 1223, we took the position off. Profits: 19NDX points. Today's current profits: 39NDX points.
2:32PM: NDx at 1204. This is a risky trade. We are scaling on LON side of NDX. Details later. Size 1/8 or 1/4 depending on filling of normal trade size. We have other matters to attend to. We would not be able to report on the progress, but NDX should revisit 1210 area. The farthest we will take profits is if NDX were to go to 1220 to 1225 area. One should reverse at that point, as market should close below 1225.
2:42PM: With NDX at 1212 Profits taken on LONG position. 8NDX points profit.
We were NOT patient to wait for profits today! Read what we posted on 2:32PM. The outcome was exactly what we thought it would do.
2:58PM: with NDX at 1222, scaling on short side. Entry is complete, and we were luck to get entry at a bit higher than 1222, when NDX spiked to 1226. We get entry somewhere in between, let us say 1224. It should end at 1225 or below if our analysis is right.
We may not be able to post before the close. NDX is now at 1218. 6NDX profits so far, but we plan to possible take profits on a visit at around 1213.
3:29PM: with NDX at 1213, we are taking the profits. Another 11NDX points.
Tally for today: 58NDX points.
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