37 replies to this topic

[SemiBizz]

They are probably all down trying to get cash out of the bank to survive this ...

[rkd80]

Ill buy this pig, but with a 3 point stop. Es 24 hour chart has support at 1315.25 - if that breaks...well...most on this board are banking on that breaking.

[humble1]

bernanke's testimony didn't help ! okay: now my banks are supposed to write down up to 50% of their real estate related loans for the public good ? YIKES !!!!!!!!!!!!!!!!!! that is a capital wipeout ! i wonder that his comments don't start an immediate run on US banks by foreigners.

[NAV]

The intraday A/D line is saying this could get ugly. If the A/D weakness persists into the close we would break the 1/22 lows on NYSE MCO. That would be a precursor to price breaking the same lows. Be careful out there.

We had some nice divergences on the lower timeframes this morning. In a normal market that would have produced a decent bounce. But this market cannot even touch the overhead dynamic resistance on 30-min. That says clearly that the market is weak.

If the tape is not supportive, sentiment is useless.

Edited by NAV, 04 March 2008 - 11:08 AM.

[rkd80]

stopped out in like 10 minutes...very weak indeed.

[atlasshrugged]

The intraday A/D line is saying this could get ugly. If the A/D weakness persists into the close we would break the 1/22 lows on NYSE MCO. That would be a precursor to price breaking the same lows. Be careful out there.

We had some nice divergences on the lower timeframes this morning. In a normal market that would have produced a decent bounce. But this market cannot even touch the overhead dynamic resistance on 30-min. That says clearly that the market is weak.

If the tape is not supportive, sentiment is useless.

how do you get the nyse mco to update real time?

[SemiBizz]

1317 test here.

[NAV]

The intraday A/D line is saying this could get ugly. If the A/D weakness persists into the close we would break the 1/22 lows on NYSE MCO. That would be a precursor to price breaking the same lows. Be careful out there.

We had some nice divergences on the lower timeframes this morning. In a normal market that would have produced a decent bounce. But this market cannot even touch the overhead dynamic resistance on 30-min. That says clearly that the market is weak.

If the tape is not supportive, sentiment is useless.

how do you get the nyse mco to update real time?

I can get realtime MCO on tradestation. Hourly, Daily, Weekly whatever i want. If you don't have tradesation slap a MACD(19,39,1) on the intraday A/D line and that's your breadth MCO.

[SemiBizz]

I'm using GS 157 as one of my turn indicators here, way I see it, no rebound sticks til Aug low is tested.

[SemiBizz]

These guys BETTER know what they are doing here is all I can say. We do not, repeat DO NOT HAVE THE GMTFO Volumes going here.... This is looking more and more like financial engineering on light volume... that said don't get in their way, because they want to test those lows on light volume....