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#1 OEXCHAOS

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    Mark S. Young

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Posted 23 January 2007 - 11:17 AM

The high ARMS (trin) is troublesome. If it doesn't fall here, I'm going to nibble short. The big caveat is that the rally appears to have some decent volume (on the ES). Mark
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#2 dcengr

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Posted 23 January 2007 - 11:20 AM

Breadth seems fine to me.. I don't think reversal til tomorrow. I think 50% regain of drop, then another drop, 50% regain seems fine to me :lol:
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#3 OEXCHAOS

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Posted 23 January 2007 - 11:24 AM

Breadth OK, new highs sorta OK, but the ARMS is high. Someone is selling something. If it's not arb or news related, it's distribution. MOST times it's a ST tell. Mark
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#4 dcengr

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Posted 23 January 2007 - 11:36 AM

If its gonna turn around, this would be the place for it..

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#5 OEXCHAOS

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Posted 23 January 2007 - 12:23 PM

Arms falling, but still suspect. I'm agnostic, but if I can get a Fast Stoch Sell this afternoon, I may take it. Mark
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#6 OEXCHAOS

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Posted 23 January 2007 - 01:13 PM

too much up volume. I'm not shorting unless I see some down volume. Mark
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