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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (21475)12/8/2005 3:33:40 PM
From: oexchaos  Read Replies (1) | Respond to of 207847
 
I'm hoping that we get some more pessimism with this drop.

NOBODY was all that Beared up last night.

BTW, we just nailed down a nice profit on our ST Sentiment Sell. Posted real time over on Traders-talk.com in the Fearless Forecasters area.

ST Sentiment Signal Update: We are out at 125600 for a dandy 6.75 profit.

>Short 1/3 at 126275. Target 125600. Stop 126625 for now. Arms is high so we may get some testing. I'm still nervous about this one.

>> We have the Sell, but I really feel nervous about this one. Still, a Sell is a Sell. Short the Dec. Emini on a limit of 126275 or better. Stop 126625 for now.

>>> We will short 1/3 on a 10-minute set-up again. We'll advise.


Mark Young
WallStSentiment.com



To: da_cheif™ who wrote (21475)12/8/2005 6:24:14 PM
From: oexchaos  Respond to of 207847
 
ISEE went out at 195 (waaayyy too Bullish!).

I'll be seeing what my Rydex Speculation Oscillator says tonight.

Also key, I think, will the the Fearless Forecaster Sentiment.

These polls are up at traders-talk.com and if there are fewer than 20% fully short, we've probably got problems. We do NOT want to see folks buying this dip if we're to see a rally.

Mark
WallStSentiment.com