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Somebody else has to be short this pig right?


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#1 viccarter

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Posted 26 April 2016 - 10:34 AM

But you don't want to say it.  Afraid that will be the jinx.  It's cool, I won't tell anybody.

 

I'm the one that posted that NYSE issues up >70% for 3rd day in a row chart.  I posted that back the first days of March.  Basically said that based on the past, anybody that wanted to fade the rally was looking at close to 15 to 1 odds of being a loser 80-90 days out.  Odds were lower say 30 days out or 50 days out, but still very good.  I'd say we are around 60 days out right now.  Don't even come my way with no Redbull.

 

It never says you can't dip a little.  You really think they gonna let these fools ride this 90 days without a 3-5% shake?  Please.  Everything is a waste of time including the FOMC meeting until we can get that over with and get started with what we were gonna do all the time anyway -- go down.

 

But it's fine if you don't want to admit you're short.



#2 SemiBizz

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Posted 26 April 2016 - 11:00 AM

I'm waiting for volume, market doesn't go down without it.

 

In the meantime there are things to do, day trades, pullbacks in gold, spikes in volatility.

 

While we wait.

 

Seasonal time of stronger volume is due over next two weeks... I am patient.


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#3 viccarter

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Posted 26 April 2016 - 11:37 AM

I'm waiting for volume, market doesn't go down without it.

 

In the meantime there are things to do, day trades, pullbacks in gold, spikes in volatility.

 

While we wait.

 

Seasonal time of stronger volume is due over next two weeks... I am patient.

What I'm seeing will not wait for 2 weeks, but lets see how we close.  Hopefully it will close just like it is right now.  Wish I could paint 3-4 more hours of this right here.



#4 SemiBizz

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Posted 26 April 2016 - 01:59 PM

So, I'd give odds for "not as bad as expected" today on AAPL...

 

All you need is that and a bullish oil report and you could have another F'ed "Miracle" ...flowers.gif

 

I'm looking more towards next week, but it could certainly start a pullback by week's end.


Edited by SemiBizz, 26 April 2016 - 02:00 PM.

Price and Volume Forensics Specialist

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

#5 dasein

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Posted 26 April 2016 - 02:33 PM

the support at es 83 has been tried all day but is not giving out - rahter like yesterday/


best,
klh

#6 gm_general

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Posted 26 April 2016 - 02:35 PM

I'm thinking Apple will be overshadowed by the Fed talk, though I would expect nothing radical there. So we have Apple expected to have significant YOY earnings decline and that is OK, and an economy that cannot weather another 1/4 pt rate hike, that is also great! :) Really, I think such things are just momentary distortions of the current sentiment momentum.



#7 tradesurfer

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Posted 26 April 2016 - 02:38 PM

Mercury Retrograde April 29th, this Friday.  All the greatest market crashes of the past have occurred within a few days of mercury retrograde...



#8 kinga200

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Posted 26 April 2016 - 03:24 PM

But you don't want to say it.  Afraid that will be the jinx.  It's cool, I won't tell anybody.

 

I'm the one that posted that NYSE issues up >70% for 3rd day in a row chart.  I posted that back the first days of March.  Basically said that based on the past, anybody that wanted to fade the rally was looking at close to 15 to 1 odds of being a loser 80-90 days out.  Odds were lower say 30 days out or 50 days out, but still very good.  I'd say we are around 60 days out right now.  Don't even come my way with no Redbull.

 

It never says you can't dip a little.  You really think they gonna let these fools ride this 90 days without a 3-5% shake?  Please.  Everything is a waste of time including the FOMC meeting until we can get that over with and get started with what we were gonna do all the time anyway -- go down.

 

But it's fine if you don't want to admit you're short.

 

I am in cash for a while and missed this rally.  BUT dont really care.

 

I think this is the best the Fed can do here.  These large pump and dump moves and for a longtime or until the market completley collapses like the others have.  AND dont forget to add HFT to the mix.  Bc that is helping the situation.



#9 viccarter

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Posted 26 April 2016 - 03:26 PM

reason it won't break is because they spent the whole day distributing shares and propping it up.

 

the support at es 83 has been tried all day but is not giving out - rahter like yesterday/



#10 viccarter

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Posted 26 April 2016 - 03:55 PM

Stick a fork in all of it.