sec needs to look into it
#21
Posted 14 August 2012 - 07:17 AM
Better to ignore me than abhor me.
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#22
Posted 14 August 2012 - 08:13 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#23
Posted 14 August 2012 - 09:03 AM
When VIX turns, so will the market. But NOT until.... Best, D
Exactly ! That's what technicians call as "Change in market characteristic". Until then, stay in cash or milk the trend. I can't quite figure why SEC will look into technical non-confirmations.
P.S -
redfoliage,
Or just watch the price and you don't have to deal with these non-confirmations. I am yet to figure out the difference between manipulated and non-manipulated price candles. Keeps my trading simple.
Edited by NAV, 14 August 2012 - 09:07 AM.
#24
Posted 14 August 2012 - 10:05 AM
And the VIX action does not surprise me at all.
The VIX is about to be retired as any kind of an indicator...
Because of what I suspect is F'ed (or their surrogates) intervention.
Here's how they "influence" it.
You front run it with the VIX ETFs.
The computer programs take signals off those ETFs and trade accordingly.
See if you can see it yesterday, I watched it in Real Time.
http://bigcharts.mar...&mocktick=1.gif
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#25
Posted 14 August 2012 - 11:35 AM
We have an hourly sign of strength in the first hour. With STRONGER VOLUME fails to test previous low. Now this can also be a head fake, there's a lot of that going on in the market.
What we want to see now is that volume signal hold into the daily, meaning not break that hourly low we made this morning... for a DAILY SIGN OF STRENGTH. Then we want to see VIX confirm that signal in short order...
http://bigcharts.mar...&mocktick=1.gif
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#26
Posted 14 August 2012 - 11:42 AM
Well, I watch this tape pretty closely every day...
And the VIX action does not surprise me at all.
The VIX is about to be retired as any kind of an indicator...
Because of what I suspect is F'ed (or their surrogates) intervention.
Here's how they "influence" it.
You front run it with the VIX ETFs.
The computer programs take signals off those ETFs and trade accordingly.
See if you can see it yesterday, I watched it in Real Time.
http://bigcharts.mar...&mocktick=1.gif
Your scheme working as someone just did it reversely. Now SPX and NDX dropping like a rock.
Edited by redfoliage2, 14 August 2012 - 11:48 AM.
#27
Posted 14 August 2012 - 11:49 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#28
Posted 14 August 2012 - 12:09 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#29
Posted 14 August 2012 - 12:15 PM
I'm lazy, don't need to be wild and woolly, -been there, have T-shirt etc.I think most of the traders around here are swing guys, hoping to carve big profits on a lazy man's entry and exit.
Market isn't really that suited to it right now, take a look - it's sideways.
But you have to EXECUTE, and not engage in false hopes for longer term.
See my post above. Note the sell pending-based on stops of course.
BTW: Thanks for all your posts over the years, have learned a lot from them.
Best to you,
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#30
Posted 14 August 2012 - 12:30 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics