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Prediction: Here Comes a Bear Killer Rally.


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#11 da_cheif

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Posted 24 August 2018 - 03:27 PM

midnite thurs

 

https://www.siliconi...?msgid=31759519



#12 opinionated

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Posted 24 August 2018 - 03:50 PM

Hey Semi,

Short the close... mondays a bradley and Sept will be a blood bath. Ok 1 bear hows that!!

#13 q4wer

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Posted 24 August 2018 - 04:47 PM

oh yeah, I see it .     bear and blood bath ....    by the way, Tuesday is a bradley date.



#14 fib_1618

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Posted 24 August 2018 - 05:30 PM

1929 high was on 9/3, 1987 on 8/25. Hmmm.

 

Seriously? Please.

 

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#15 opinionated

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Posted 25 August 2018 - 07:44 AM

oh yeah, I see it .     bear and blood bath ....    by the way, Tuesday is a bradley date.


Yes your right it is Tuesday... but I stand by my September assessment. The rally yesterday was a farce... the fed will do gradual adjustments to interest rates, Really? Were investors expecting a 2 point rise instead of 1/4 point at a time? Watch and see what develops next two weeks.

#16 opinionated

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Posted 25 August 2018 - 07:45 AM

oh yeah, I see it .     bear and blood bath ....    by the way, Tuesday is a bradley date.


Yes your right it is Tuesday... but I stand by my September assessment. The rally yesterday was a farce... the fed will do gradual adjustments to interest rates, Really? Were investors expecting a 2 point rise instead of 1/4 point at a time? Watch and see what develops next two weeks.

#17 CLK

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Posted 25 August 2018 - 08:23 AM

I guess you bought your usual 50-100 DOTM puts for next week. The rally closed on higher internals, how can that be a farce ?

If you have a good track record at picking turns before they happen then have at it, but as I remember the last long on gold didn't work out.

Better to buy oversold hourly MACD dips(well below zero with divergence) than try to pick tops. The market is pretty much digesting bad news

and still working higher. Right now I'm long stocks, don't see any reason for options unless we get a dip to buy.


Edited by CLK, 25 August 2018 - 08:24 AM.


#18 q4wer

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Posted 25 August 2018 - 11:36 AM

president will be angry even if a 0.5 rate hack happens. FED will be evaporated from earth if 2.0 rate hack happens.



#19 Dex

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Posted 25 August 2018 - 02:43 PM

Trading range ... probably go low from here.


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#20 OEXCHAOS

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Posted 27 August 2018 - 07:07 PM

DD,

 

When I say "backed into" a signal, I mean that a "sell" cross-over was generated with essentially sideways trading. Price should confirm the "reversal" of "momentum." If it doesn't, chances are, it's a fade--perfect for bagging amateurs who are trading indicators that they don't yet understand..

 

Good call, Mark.

 

Intraday-day breadth on SPX was good today also. Very clear signals.

 

May I ask a question, if the information is not proprietary?

 

How does 'backing' into a momentum sell, look as opposed to - well, the other?

 

Thanks in advance.

 

On another site I stated that I have a trading range in the books for a while, till a clear signal is given. But clearly, there's a alight upward bias so far.

 

Best regards to you and the board.

 

~D


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