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expecting big decline (>1%) in NDX today, starting now...


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#1 greenie

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Posted 21 December 2006 - 11:05 AM

All ducks lining up. current price 1777.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#2 dcengr

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Posted 21 December 2006 - 11:14 AM

What ducks are you talking about? I don't see anything... in fact, what I see is market makers trying to get extra x-mas cash by rolling this thing in a sideways channel.
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#3 SemiBizz

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Posted 21 December 2006 - 11:16 AM

Volume's light, the horses are tired, and the smell of the barn beckons...



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#4 Mtrader

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Posted 21 December 2006 - 11:19 AM

Yah, FED is adding fuel. Reload. Scorch.
You are on your own. This is for demonstration only.
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#5 vitaminm

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Posted 21 December 2006 - 11:22 AM

ndx/vxn

http://finance.yahoo...NDX ^...0&a=&c=
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#6 dcengr

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Posted 21 December 2006 - 11:24 AM

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#7 SemiBizz

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Posted 21 December 2006 - 11:27 AM

Look at the last two highest volume spikes, that's the range this pup wants to trade in...

Edited by SemiBizz, 21 December 2006 - 11:28 AM.

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.

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#8 greenie

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Posted 21 December 2006 - 12:18 PM

I guess you are right...most indicators I am looking at (VXN, CPC, TRINQ) work well in regular market, but don't know whether they have same implication in this low-volume retail market.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#9 greenie

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Posted 21 December 2006 - 12:42 PM

Just wanted to add, I was looking at a configuration of VXN, CPC, TRINQ and a secret indicator taught by xD, and they all said SELL today. I do not know whether the current selloff is related to the indicators, but I presume it is, and will follow it until proven wrong by the market. I will report similar configuration, if I see it at a later date.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#10 dcengr

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Posted 21 December 2006 - 12:48 PM

Just wanted to add, I was looking at a configuration of VXN, CPC, TRINQ and a secret indicator taught by xD, and they all said SELL today. I do not know whether the current selloff is related to the indicators, but I presume it is, and will follow it until proven wrong by the market.

I will report similar configuration, if I see it at a later date.


Stick with technicals, secret indicators don't always work. And I know what you're talking about :lol:
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