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Nearing the MSS 8/34 cross down


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#1 Rogerdodger

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Posted 14 June 2006 - 08:45 PM

Ok MSS.
Here's the coming 8/34 cross down.
I don't think it can be avoided without a 75+ point SPX rally.
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=3&mn=0&dy=0&i=p28233431990&a=31991787&r=3836.png

Edited by Rogerdodger, 14 June 2006 - 08:48 PM.


#2 mss

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Posted 15 June 2006 - 05:59 AM

:)

:)
FACT as of todays close:

Posted Image

:D
OPINION as of todays close, very short bounce then down to the LOW of 1178ish.
(If 1220/23 fails :blush: )

:cat:


Nice catch there RD,
Posted this in "marks thread" on Watch out, yesterday. Going to be hard to tell how high the "bounce will go, but not enough to turn the averages up. I don't see a 75 pt S&P rise any time soon.
Check out the hourly chart, could get interesting.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=1&dy=0&i=p90139015820&a=78844719&r=7467.png

:cat:

Edited by mss, 15 June 2006 - 06:05 AM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#3 Rogerdodger

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Posted 15 June 2006 - 02:07 PM

Our nice rally today has opened a window to the bulls. Man, these days are fun. We could close the week up! Whooda thunk?

#4 mss

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Posted 15 June 2006 - 07:50 PM

Our nice rally today has opened a window to the bulls.
Man, these days are fun.


We could close the week up!
Whooda thunk?

:)
We could streatch this thing to 1290+/- and at the present I can't tell. Missed a full "buy" for me by a twitch on two indicators, so IF tomorrow ends good Monday wil be a BUY for me. Several things look good tonight but have learned to waait for the second day conformation (because I don't day trade), well once in awhile when bored. :D

:cat:
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#5 Rogerdodger

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Posted 15 June 2006 - 09:48 PM

I was hoping for some upside tomorrow to sell. :P
NDX & Q's Look kinda like a little resistance area.
Keep us posted as to what you see.
The system below says short when the 2 day RSI hits 90 AND index is below the 200dma.
It probably hit 90 today and pulled back slightly.
Fun stuff for us "Fat Cats."
http://stockcharts.c...9909&r=4899.png
Posted Image

#6 Vector

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Posted 15 June 2006 - 09:49 PM

The buy trigger officially fired today...

http://stockcharts.com/h-sc/ui?s=$SPX...id=p78598409743

And coming off EXTREMELY DEEP O/S (weekly)

http://stockcharts.com/h-sc/ui?s=$SPX...id=p81347703314

We are about to witness a huge epic sized SHORT SQUEEZE...

The best part is...its just getting started.

Hang on!

#7 Rogerdodger

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Posted 15 June 2006 - 09:52 PM

You may be right.
We got half of that 75 points in 2 days.
I like that long tail below the trend line.
That shook off a lot of fruit.

But I don't care.
MOMMA'S MAKING THE MONEY!
http://stockcharts.c...4129&r=9531.PNG

Edited by Rogerdodger, 15 June 2006 - 09:58 PM.


#8 mss

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Posted 19 June 2006 - 04:50 PM

:) I think the charts above are telling a "sad" story. Might get a bounce tomorrow, I hope, but looks very weak at the present. Based on your weekly chart we crossed the 8/34 to the down side. We hold or down IT, but if we are still in a BULL trend now (2-3days) we get a rally, if not..............well. RD, based on my "fancy" charts tomorrow is going to be very intresting. B) :cat:

Edited by mss, 19 June 2006 - 04:55 PM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#9 OptionTrading

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Posted 19 June 2006 - 08:40 PM

Also looking forward to tomorrow here, i'll be keeping an eye on this thread.

#10 Rogerdodger

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Posted 24 June 2006 - 11:54 PM

Well the week ended with the cross down as expected but just by a hair! 8 edma= 1268.36 34 edma= 1268.46 I guess a rally next week could still pull them apart but this baby is under pressure.

Edited by Rogerdodger, 24 June 2006 - 11:56 PM.