25 thoughts on “Stock Market Trading And Analysis for 07/21/2008”
Hi GoFast!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
Hi Stephen!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
Hi Metamp!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
On tight trading days like this is there ever a good trade to take?
Hey SnP
Your videos help me clear my mind before the session. I’ve been pretty badly beaten up by myself through the markets getting in a real state but I’m slowly rebuilding and now feel it’s on a solid foundation, I’ll keep hold to what I make trading more cautiously.
May I ask, are you always flat by the close?
May I also ask do you use ‘hard’ stops or have levels in mind and the strngth to exit manually when they get hit?
Kind regards
Stephen
I’m curious how you handle situations when the mkt breaks out of the important level but it happens over night when most of the traders in US are not trading…..like this morning
I’m thinking of shorting anticipating a move bact to 1261 – 1262 but that would be a speculation of a minor top
second thought is waiting for a pull back and see if the resistance acts like a support now and go long
Hi there MC!,
Thank you for sharing what you liked and found beneficial about the lesson and I’m glad you got your site fixed up!
Regards and good trading!,
SnP
Hi there Brabo!,
Thank you very much for the compliment!
Regards and good trading!,
SnP
Hi there Destroyer!,
Thank you very much and I’m glad you’ve chosen to be here and subscribe!
Regards and good trading!,
SnP
Hi there ssvnv!,
Thank you very much for your great letter, your ratings, and taking the time to subscribe to be here as a member of our community! I’m glad you’re here!
Regards and good trading!,
SnP
“Charts indicate fear and greed”…that matches my psych driven view of the markets. 8)
Another thing I liked was the mention of comments and how your techniques worked well on other instruments. That’s because you teach timeless methods that can be applied to ANY instrument! Great stuff!
One last note, I appreciate the shouts you’ve given to TradersBASE. I had an issue where new users got errors and couldn’t sign up. Sorry and it’s fixed for anyone wanting to check us out.
Thanks,
MC
Great evening everyone!
Just took a quick break from my nightly video studies to say hello and wish good health and excellent trade to all…
-SnP, You’re born to teach my friend…
And don’t worry, there will be no trade jokes tonight 🙂
God bless ya.
Humble Chief
“A chart is an indication of fear and greed.”
A good quote. I just subscribed. Thanks.
Hi SnP,
First of all thanks a ton for working so hard to get these vids posted in time and for taking the pains to post and share excellent info and your insights. I’ve been watching your vids for the past 2 months, but today decided to subscribe to your channel and start providing my 5+ ***** rating as you deserve that. Too bad the rating only goes to 5 stars. Maybe youtube needs to come out with another rating category called “Super Stars” for our friend SnP. Good bless U.
Hi there Adam!,
You’re very welcome! I’ll stop writing so you can get back to those important lessons! 🙂
Regards and good trading!,
SnP
Hi there Brown!,
Thank you for your thoughts and you’re very welcome. I’ll send you my broker information as well!
Regards and good trading!,
SnP
Hi there JoJo!,
Thank you very much! Somebody has to step up and champion the cause for a new way to learn about the markets.
As long as it doesn’t interfere or take away from my trading, I’m willing to help!
Regards and good trading!,
SnP
Hi there Benke!,
No question, it’s there on both a 15 and 60 min charts. So, you have those timeframes bullish, and the Daily and other long-term still very bearish.
The great part is, all you have to do is watch those levels I defined in the video! If we fail to break out to the upside Monday (with a wide range bar up) then the Flag will fail and likely lead to very heavy selling! So trade it according to your Risk Trading Plan and the lessons here!
Regards and good trading!,
SnP
Hi SnP500Trader,
Thanks for the e-mail. You provide such a great service for everyone without asking for a thing. Thank you.
Hopefully, you’ll have a course available soon so beginner traders like myself can develop into good, maybe great traders.
Excuse me, I have some important videos I need to watch again. 🙂
Have a great day!
Adam
Thank you for all info. It is indeed very educational. Currently I’m trading Options using Ameritrade. I really like to test your method using Eminis; however, my broker dose not provide eminis service. It would be nice if you have a weekend session just on Emini futures and which broker you use.
Thank you
How refreshing to hear and watch your nightly comentary on the SPOO’s. Your efforts will be rewarded. Many thanks
Hi WS!,
Thank you very much and you’re right! I love teaching and getting to know a lot of great people in our trading community.
It also gives me great pleasure to help people avoid the snake oil salesmen that we’ve all come to know over the years!
I spent thousands of dollars myslef on them very early on in my trading career and now channel my spirit of volunteerism towards helping people with lower cost, high quality solutions to the gurus!
Regards and good trading!,
SnP
Hi Adam!,
Thank you and you are very welcome! I’m glad my efforts here are helping with your confidence and technical abilities to keep you on the right side of the trade!
Regards and good trading!,
SnP
Hi there Angel!,
Thank you for that nice note and I’m glad the lessons are helping you! So much more to come over time!
Regards and good trading!,
SnP
Hey there Steve!,
Thank you very much and enjoy that coiled spring! We’ll talk more about it when I call! 🙂
Hi GoFast!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
Hi Stephen!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
Hi Metamp!,
I’ll respond to this in the video I’m about to create!
Regards and good trading!,
SnP
On tight trading days like this is there ever a good trade to take?
Hey SnP
Your videos help me clear my mind before the session. I’ve been pretty badly beaten up by myself through the markets getting in a real state but I’m slowly rebuilding and now feel it’s on a solid foundation, I’ll keep hold to what I make trading more cautiously.
May I ask, are you always flat by the close?
May I also ask do you use ‘hard’ stops or have levels in mind and the strngth to exit manually when they get hit?
Kind regards
Stephen
I’m curious how you handle situations when the mkt breaks out of the important level but it happens over night when most of the traders in US are not trading…..like this morning
I’m thinking of shorting anticipating a move bact to 1261 – 1262 but that would be a speculation of a minor top
second thought is waiting for a pull back and see if the resistance acts like a support now and go long
Hi there MC!,
Thank you for sharing what you liked and found beneficial about the lesson and I’m glad you got your site fixed up!
Regards and good trading!,
SnP
Hi there Brabo!,
Thank you very much for the compliment!
Regards and good trading!,
SnP
Hi there Destroyer!,
Thank you very much and I’m glad you’ve chosen to be here and subscribe!
Regards and good trading!,
SnP
Hi there ssvnv!,
Thank you very much for your great letter, your ratings, and taking the time to subscribe to be here as a member of our community! I’m glad you’re here!
Regards and good trading!,
SnP
“Charts indicate fear and greed”…that matches my psych driven view of the markets. 8)
Another thing I liked was the mention of comments and how your techniques worked well on other instruments. That’s because you teach timeless methods that can be applied to ANY instrument! Great stuff!
One last note, I appreciate the shouts you’ve given to TradersBASE. I had an issue where new users got errors and couldn’t sign up. Sorry and it’s fixed for anyone wanting to check us out.
Thanks,
MC
Great evening everyone!
Just took a quick break from my nightly video studies to say hello and wish good health and excellent trade to all…
-SnP, You’re born to teach my friend…
And don’t worry, there will be no trade jokes tonight 🙂
God bless ya.
Humble Chief
“A chart is an indication of fear and greed.”
A good quote. I just subscribed. Thanks.
Hi SnP,
First of all thanks a ton for working so hard to get these vids posted in time and for taking the pains to post and share excellent info and your insights. I’ve been watching your vids for the past 2 months, but today decided to subscribe to your channel and start providing my 5+ ***** rating as you deserve that. Too bad the rating only goes to 5 stars. Maybe youtube needs to come out with another rating category called “Super Stars” for our friend SnP. Good bless U.
Hi there Adam!,
You’re very welcome! I’ll stop writing so you can get back to those important lessons! 🙂
Regards and good trading!,
SnP
Hi there Brown!,
Thank you for your thoughts and you’re very welcome. I’ll send you my broker information as well!
Regards and good trading!,
SnP
Hi there JoJo!,
Thank you very much! Somebody has to step up and champion the cause for a new way to learn about the markets.
As long as it doesn’t interfere or take away from my trading, I’m willing to help!
Regards and good trading!,
SnP
Hi there Benke!,
No question, it’s there on both a 15 and 60 min charts. So, you have those timeframes bullish, and the Daily and other long-term still very bearish.
The great part is, all you have to do is watch those levels I defined in the video! If we fail to break out to the upside Monday (with a wide range bar up) then the Flag will fail and likely lead to very heavy selling! So trade it according to your Risk Trading Plan and the lessons here!
Regards and good trading!,
SnP
Hi SnP500Trader,
Thanks for the e-mail. You provide such a great service for everyone without asking for a thing. Thank you.
Hopefully, you’ll have a course available soon so beginner traders like myself can develop into good, maybe great traders.
Excuse me, I have some important videos I need to watch again. 🙂
Have a great day!
Adam
Thank you for all info. It is indeed very educational. Currently I’m trading Options using Ameritrade. I really like to test your method using Eminis; however, my broker dose not provide eminis service. It would be nice if you have a weekend session just on Emini futures and which broker you use.
Thank you
How refreshing to hear and watch your nightly comentary on the SPOO’s. Your efforts will be rewarded. Many thanks
Hi WS!,
Thank you very much and you’re right! I love teaching and getting to know a lot of great people in our trading community.
It also gives me great pleasure to help people avoid the snake oil salesmen that we’ve all come to know over the years!
I spent thousands of dollars myslef on them very early on in my trading career and now channel my spirit of volunteerism towards helping people with lower cost, high quality solutions to the gurus!
Regards and good trading!,
SnP
Hi Adam!,
Thank you and you are very welcome! I’m glad my efforts here are helping with your confidence and technical abilities to keep you on the right side of the trade!
Regards and good trading!,
SnP
Hi there Angel!,
Thank you for that nice note and I’m glad the lessons are helping you! So much more to come over time!
Regards and good trading!,
SnP
Hey there Steve!,
Thank you very much and enjoy that coiled spring! We’ll talk more about it when I call! 🙂
Regards and good trading!
SnP