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Seven Sentinels Sell Signal


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#11 thespookyone

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Posted 18 August 2009 - 11:25 AM

Good to see you trading your signal Don.

#12 Cirrus

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Posted 18 August 2009 - 12:00 PM

Cirrus, how could you call this a new bull market, just take a look at the volume, and that's with high frequency trading, PPT working full time, etc.

The only buyers are the now infamous Cheif, his accomplice Humble and maybe you , IT and IYB ...oh! sorry he's back on our team again.

http://stockcharts.c...p...4&listNum=1

GS.


I have stated before I use the 50wema for the major indexes (SPX, R2K, NDX). The averages have to be above them and the EMAs have to have a positive slope. All three indexes now meet my requirement for a "bull maket" trend. I don't do really much different. It just puts a wrapping on the context of the market.

#13 goldswinger

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Posted 18 August 2009 - 12:08 PM

Got 'cha. Wrappings and labels get confusing sometimes... Thx. GS.

#14 Cirrus

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Posted 18 August 2009 - 12:13 PM

Actually should have been a little clearer....I don't do much different WRT swing trading. However, I do position trade and invest from the longside. You can make the argument that the bull trend just flipped and really hasn't gotten going yet. I would say that should we continue at these levels or higher into Oct the market is going to have a massive internal spike WRT NHs as last Oct was the big decline.

#15 eminimee

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Posted 18 August 2009 - 01:49 PM

PPS...I've got a target of at least spx 967...providing we don't get a 15 min bar close over 994.50


PS..if checking out my blog...I've screwed something up...a bunch of charts are lined up to the right after scrolling down a bit...I'm trying to get them stacked..

#16 eminimee

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Posted 18 August 2009 - 02:59 PM

Intraday SPX 992-93 is tough resistance. Let's see what happens after that, if at all we get there.


I've got my eye on OEX 460.30 fwiw
ps..with a possible impunitonic c=a at 990 es......and vxo fills a gap at 25.88


...sorry...missed by a penny on oex....better take me out and shoot me!!.....then throw my body face up so the DuhCheif crowd can blow me too...

#17 eminimee

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Posted 18 August 2009 - 03:21 PM



#18 eminimee

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Posted 18 August 2009 - 03:28 PM

anyone add on the shorts at close???

#19 goldswinger

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Posted 18 August 2009 - 03:44 PM

anyone add on the shorts at close???


I remained short after the ABC correction Today.... more down Tomorrow, not sure how far, could be a 5th of C down or 3rd of 3 down, who knows but down it is after the textbook ABC up Today.

GS.

#20 isaac613

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Posted 18 August 2009 - 04:07 PM

anyone add on the shorts at close???

I added X short. United States steel at $44 today. Looking for about $38