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INDICATOR showing NEW PHASE......


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#1 Mr Dev

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Posted 05 May 2010 - 02:46 PM

....of Momentum ...Crash type selling to come. It usually takes time for such and indicator to pass thru the Momentum TOP buying into the bearish region and then into the momentum Selling Bottom region. Well here we are just entering the area and fast ....so I expect some kind of MASSIVE DOWNWARD MOVE Be (very) careful if you have ANY LONGS that dont' need a 20% LOSS !! ! ! ! ! :bowtie: SO TRADE SHORT or SELL .

Edited by Rogerdodger, 05 May 2010 - 02:48 PM.


.. .. ..
Mr Dev

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#2 stocktrender

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Posted 05 May 2010 - 03:06 PM

....of Momentum ...Crash type selling to come.

It usually takes time for such and indicator to pass thru the Momentum TOP buying into the bearish region and then into the momentum Selling Bottom region.

Well here we are just entering the area and fast ....so I expect some kind of MASSIVE DOWNWARD MOVE

Be (very) careful if you have ANY LONGS that dont' need a 20% LOSS !! ! ! ! !

:bowtie:

SO TRADE SHORT or SELL .

I agree with this 100%. I think a crash is coming and pretty soon. Today the market tried to rally and did not close well. We should go down pretty soon.

#3 draggen33

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Posted 05 May 2010 - 03:07 PM

....of Momentum ...Crash type selling to come.

It usually takes time for such and indicator to pass thru the Momentum TOP buying into the bearish region and then into the momentum Selling Bottom region.

Well here we are just entering the area and fast ....so I expect some kind of MASSIVE DOWNWARD MOVE

Be (very) careful if you have ANY LONGS that dont' need a 20% LOSS !! ! ! ! !

:bowtie:

SO TRADE SHORT or SELL .



Can you elaborate just a bit , what kinda time frame ,days, weeks . Any extra info is appreciated, Thxs

#4 Rogerdodger

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Posted 05 May 2010 - 03:10 PM

Thanks Mr. Dev for the update.

#5 MikeyG

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Posted 05 May 2010 - 03:18 PM

Why does the post say it has been edited by RD, when it's Mr. Dev's post???

#6 tommyt

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Posted 05 May 2010 - 03:24 PM

Why does the post say it has been edited by RD, when it's Mr. Dev's post???



He's RogerDev :wacko:

#7 Jnavin

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Posted 05 May 2010 - 03:29 PM

Define crash, Dev. A quick one day shot down to SPX 1120? A one week slide to SPX 1040? A sudden dramatic no-bid day to 875?

#8 qqqqtrdr

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Posted 05 May 2010 - 03:32 PM

Agreed on this point.... I think we can sell off awfully fast here.... We are not yet oversold yet on my short term indicators.... Should get there soon... Barry

#9 vitaminm

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Posted 05 May 2010 - 03:33 PM

SPY down trend S@114-113 R@117-118
vitaminm

#10 andiron

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Posted 05 May 2010 - 03:42 PM

expecting crash is pure day dreaming...as of now..