Waver it;s mute now.
Lev I liked that one!
What a day please one more high and fry. lol
11/16
Started by
zoropb
, Nov 16 2018 08:32 AM
39 replies to this topic
#21
zoropb
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Posted 16 November 2018 - 01:15 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#22
zoropb
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Posted 16 November 2018 - 01:18 PM
Thanks everyone for contributing! I really enjoy the comments.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#23
denmo83
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Posted 16 November 2018 - 01:41 PM
Well they opened at the low, nothing to do now but run them up...
So looking ahead to the holidays, starting next week and that last 2 weeks of December light volume rape.
They always pick some sector and run it up, hysterically. Happens every year, despite what else is going on in broader market...
I'm thinking this year... pot stocks. Anyone have a favorite?
CRON
#24
K Wave
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Posted 16 November 2018 - 01:43 PM
Twisty little snake here today...
VIX now trying for a comeback....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#25
K Wave
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Posted 16 November 2018 - 01:46 PM
UNH possibly putting intraday throwover top here...
If that one starts to break, likely not good for Dow chances rest of the day....
Edited by K Wave, 16 November 2018 - 01:46 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#26
SemiBizz
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Volume Dynamics Specialist
Posted 16 November 2018 - 01:53 PM
Well they opened at the low, nothing to do now but run them up...
So looking ahead to the holidays, starting next week and that last 2 weeks of December light volume rape.
They always pick some sector and run it up, hysterically. Happens every year, despite what else is going on in broader market...
I'm thinking this year... pot stocks. Anyone have a favorite?
CRON
I was surprised in October at a small family reunion when 3 relatives said they were in pot stocks...
One of them is this CGC - I recommended to sell it $20 higher, but maybe they will shake it out here then run it up... here's a chart I worked up on it.
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
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
#27
K Wave
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Posted 16 November 2018 - 01:54 PM
looks like we could be minutes away from potentially big decision...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#28
redfoliage2
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Posted 16 November 2018 - 02:02 PM
Consolidation today and will be higher next week. Targets SPX 2755, then 2770, then 2800...............
Edited by redfoliage2, 16 November 2018 - 02:03 PM.
#29
K Wave
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Posted 16 November 2018 - 02:12 PM
Market feels like it is dancing on a down slope covered with loose gravel at the edge of a big cliff....
Bulls still hanging on here, but one false step, and this thing goes over the edge....
UNH just made pivot attempt off 3 min trendicator 72, after whacking its head at the 3 min 900..... if that gets busted anytime soon, could be the start of things....
VIX coming back down, but another move over 19.50 would probably not be good for bulls now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#30
Waver
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Posted 16 November 2018 - 02:13 PM
I do know if any of you are EW fans,
Right now the rally from yesterday's lows went 4 points above 50% retracement of the decline from election week.
Plus today's rally from the overnight lows is 61% of yesterday's rally.
The decline from election's week high looks impulsive and the ensuing rally definitely has the tone of being corrective in terms of form and percentages.
The typical next move is down big.
But who knows.
