6 replies to this topic

[mss]

Aug likes to go out, about flat, world markets making
new highs.is it a good time to be short ? the high
trading range is still working.that 1255 spx could be
? then that M pattern starts ?



Posted per request.
mss

[bobalou]

only take help from the best

[PorkLoin]

Today -- Tues., Aug. 16 sure looks like a 3 of C down in the SPX. Could be 3 of 3 but the Dow Industrials and the NYSE look more like an ABC from the high in the first week of August. Naz is weakest of the four -- sure looks to me like a test of 2100 is in the works.

Doug

[bobalou]

I'm w/ you doug, thanks Weekly S&P 500 bobalou Posted on: Aug 14 2005, 10:33 PM Member Group: Traders-Talk User Posts: 970 Joined: 4-October 03 From: CT Member No.: 278 you know ,i see the bear,,but this is summer trading,and if it could go down it will.tue / wed shouldl tell the story..the pt is use stops.mon I start looking to add to longs( a lower low no vol,) ? or may be thur ,fri ?option exp.?? .9/5 would be a "sweet" time to see 1255 to short it,into oct,then up to xmas.stay safe. Got The Bounce.....But bobalou Posted on: Aug 10 2005, 07:29 AM Member Group: Traders-Talk User Posts: 970 Joined: 4-October 03 From: CT Member No.: 278 Breadth Not On A Sell Yet bobalou Posted on: Aug 10 2005, 07:42 PM Member Group: Traders-Talk User Posts: 970 Joined: 4-October 03 From: CT Member No.: 278 how are your fingers ? look at the dojie on the 7/11, that could be nice ?or a place to watch,then 2100 ? I would like us to drift lower to 1573 ndx, a .38 retracement,and 200 ma,if we go to 1238 sp now,could be just filling the gap ,could = more down. this is don's day,and funds have to adjust for rate rize,takes till thur. and summer trading,next week could be up,and into labor day Forum: Fearless Forecasters · Post Preview: #154162 · Replies: 14 · Views: 573 Breadth Not On A Sell Yet bobalou Posted on: Aug 10 2005, 07:42 PM Member Group: Traders-Talk User Posts: 970 Joined: 4-October 03 From: CT Member No.: 278 how are your fingers ? look at the dojie on the 7/11, that could be nice ?or a place to watch,then 2100 ? 1237.60 ....was the gap bobalou Posted on: Aug 4 2005, 07:59 PM Member Group: Traders-Talk User Posts: 970 Joined: 4-October 03 From: CT Member No.: 278 witch gap ???.I see 1235. any way we have suport ,alot of places,all the way down to 1200,and more. I'm looking for don's day to add to longs.say 1212. well don ? then up into your 9/7, then short it...blu ,,could you recheck your cycle dates ?? thankx Forum: Fearless Forecasters · Post Preview: #153138 · Replies: 8 · Views: 281

[bobalou]

as we can see.we broke down as the jan 1 high.so in this time frame,let us see if we can hold 1190 s.then 1150 s ?,,,oil and rates are looking bad for the I T ,L T view

[PorkLoin]

Yikes, Bobalou -- oil bad long-term? The patterns in the indices look less clear to me than two weeks ago, but they're still going down. Is this just an ongoing wave C or 3, persisting along like they sometimes do? The NASDAQ is really holding up pretty well, now, relative to other indices. This narrow tend channel has got to give. I don't see any really bullish action yet, and it's the character of the rally we get, whenever it comes, that should give some good clues to the larger picture. Could get a sharp move lower, like July 7, and if so I bet we'd get a sharp rally following it. Could rally anytime, and then what would happen? Doug

[bobalou]

and the band plays on. how about some up dates mss..as you can see back to the top.a replay from jan ?