Volume Dynamics Specialist
Posted 09 December 2016 - 12:17 PM
I'm phasing in SHORT, I have been very patient...
I see measured move completion in GS, SPX...
I just got back from China, I've been to 3 cities there in the last 6 weeks.
I've seen all I need to see now.
Edited by SemiBizz, 09 December 2016 - 12:17 PM.
Volume Dynamics Specialist
Posted 09 December 2016 - 12:21 PM
SOX and BKX were the DOGS OF THE 2009 BULL MARKET -
NOTE they haven't made any new "Lifetime Highs"
And....
Both RED this morning...
From Today's SOX Forecast:
SOX PUSHES PAST 890 resistance and then hit's a brick wall at 900 as expected. SOX managed to push to a high of 900.97 and fell back to close at 895.70 or up 7 points on the day. We suspect we'll see another run at 900 again before any deeper pullback develops. The key from here for any retracement is a close back under 890.
SOX made a high of 903 this morning and TANKED to 886...
889 at the moment.
Member
Posted 09 December 2016 - 12:58 PM
Fox Biz News "ALL MAJOR INDICES HIT LIFETIME HIGHS..."
Was it a false statement?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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Volume Dynamics Specialist
Posted 09 December 2016 - 01:04 PM
NASDAQ INTRADAY VOLATILITY WINDOW VIOLATION LOW
RETEST EXPECTED AFTER 1:15 PM
Edited by SemiBizz, 09 December 2016 - 01:04 PM.
Member
Posted 09 December 2016 - 01:10 PM
It's a fool-proof sell. I could make a fortune on shorting ES at the current price if I can hold for a few months..........
Volume Dynamics Specialist
Posted 09 December 2016 - 01:12 PM
If you want to catch big fish you have to have the right bait.
Shorting the SPX isn't it.
Look West my man... Nasdaq... RUT... SOX - there's your weakness potential.
Member
Posted 09 December 2016 - 01:17 PM
If you want to catch big fish you have to have the right bait.
Shorting the SPX isn't it.
Look West my man... Nasdaq... RUT... SOX - there's your weakness potential.
Agreed. But I use options as a hedge. The option pricing in NQ is a little weird.
Volume Dynamics Specialist
Posted 09 December 2016 - 01:24 PM
OK there's that new low after 1:15 as indicated...
Now we see.
I don't think there's going to be any "Santa Claus" Rally, we had it, his name was Trump 
...
This market has been screwed, blued and tattooed...
Gonna be turned out from Expensive call girl to heroin hooker.
We will get a bounce going into OPEX...then I think it's going to be a re-run of last year into Jan. and Feb....
Member
Posted 09 December 2016 - 01:30 PM
If you want to catch big fish you have to have the right bait.
Shorting the SPX isn't it.
Look West my man... Nasdaq... RUT... SOX - there's your weakness potential.
Agreed. But I use options as a hedge. The option pricing in NQ is a little weird.
In short term NAZ and SPX may go hand in hand, but in longer term they will........
Volume Dynamics Specialist
Posted 09 December 2016 - 02:53 PM
Fox Biz News "ALL MAJOR INDICES HIT LIFETIME HIGHS..."
Was it a false statement?
Fib
Nope it's not Fake News...
Just fake.
built on phoney money.
