Sunday, June 1, 2008

Arbman's Chart


http://img233.imageshack.us/img233/8244/oeffo4.png


Blogger arbman said...

If it breaks the small channel on Monday, I am also going to conclude that the retracement is over. I am thinking down on Monday a bit and one more high on Tuesday and then down eventually...

3 comments:

Anonymous said...

The last time I commented on
one of your trades, I think
I distracted your focus...
Sorry; It was not intentional,
you hit it dead on.

I have the ideal short being
setup on the SnP on Tuesday
~2:15 pm et. The risk is very much
to the downside and It may not
be able to wait that long.

Take care on all overnight longs.
-jjc.

The blogger said...

Arb: which sector looks to have the most dramatic move? Homebuilders? Financials?

What do you think?

The blogger said...

http://stockcharts.com/h-sc/ui?s=%24bpspx%3A%24vix