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Nearing the MSS 8/34 cross down


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#31 Rogerdodger

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Posted 03 August 2006 - 08:34 PM

Well, I guess it's all about tomorrow's reports. I'm long S&P and SMH. Looking to sell an "end of rate hike" announcement.

#32 Rogerdodger

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Posted 04 August 2006 - 10:59 PM

I sold today's rally and I am flat.
It looks like a cross back up MAY happen next week. Maybe.
I was curious about some previous examples of 8/34 cross-overs with a second dip.
Here are two which look like the current pattern.
I'm leaning to a sell-off after the "PAUSE" is announced officially.
It may look a bit like 94 with a big red candle.



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Edited by Rogerdodger, 04 August 2006 - 11:01 PM.


#33 mss

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Posted 05 August 2006 - 08:30 PM

:)
RD, I just love it when you make me think longer than a day. But today I guess you win my prize long term trading indicator. The dreaded 21ema cross down over the 34ema. I selected two time periods that are close to what you suggested above, then I went waaaaaay back to show how/when it happens. We so far do not have a cross down.

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Comments, suggestions etc. are welcome and if I don't get more than two, then it's ...................... B)

:cat:
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Edited by mss, 05 August 2006 - 08:39 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!!

#34 esther231

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Posted 05 August 2006 - 10:10 PM

Nice work, as always, MSS. Much thanks.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells

#35 Rogerdodger

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Posted 05 August 2006 - 11:38 PM

RD, I just love it when you make me think longer than a day.


O Great!
Now you got me thinking...

One thing is clear to me...
You need to trade in a shorter time frame and use this longer term stuff as a backdrop.
If you wait to buy or sell when the 8 & 34 cross you can miss a lot of action.

Edited by Rogerdodger, 05 August 2006 - 11:43 PM.


#36 spielchekr

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Posted 06 August 2006 - 08:29 AM

...If you wait to buy or sell when the 8 & 34 cross you can miss a lot of action.





Fictional 8/11/06 stick says "No doubt about it". Crossover point is currently 1175.2



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#37 eminimee

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Posted 06 August 2006 - 01:09 PM

You may have seen this on FF.......very interested in not only in whether 8 kisses 34 and turns down...but watching the 21,3,3 full sto and obv. A cross up HAS to be respected. Great and interesting work as always MSS.

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&st=1999-01-01&i=t66379203507&a=57601821&r=3038.png

Edited by eminimee, 06 August 2006 - 01:10 PM.


#38 mss

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Posted 06 August 2006 - 03:58 PM

:)
Nice chart eminimee, I saw that and concur the chance is there.

RD, if you wont short term trading, I'm not the guy to talk to, except sometines ;)
Below is a chart showing "one trade system" that I often use. Good results in a market moving around every few days. You have noted my referral to 5,21ema cross from time to time and here is a full blown chart with indicators. How to use it has too many "subjective" rules to list here, but this chart has some pretty clear points to trade from.

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Best to all who responded to the post, and thanks. B)
mss
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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!!

#39 Rogerdodger

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Posted 15 August 2006 - 11:20 AM

As of Noon Tuesday Aug. 15th, the SPX is up 15 on the week and the 8 week MA has crossed back up. :cheer:

#40 mss

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Posted 16 August 2006 - 09:27 AM

:)
You know RD, if one understands the rules and knows how to follow them, with a couple of options "in case"
things do change, it all works out. The 8 went under the 34, ST sell, the 21 did not, no IT sell, so watch the 5 and 8 play back and forth, and make a little money. B)

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But, you have to have your "******** together" in order to do any good. :lol:

Best to you,
:cat:
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Edited by mss, 16 August 2006 - 09:31 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!!