SB...you tempting bears to keep shorting this on a kissback SPX move back toward the failed d/t line that has been in place for MONTHS?
bear bait is my call...SB is bear bait right here and now!
1433.50
Started by
eminimee
, May 02 2008 11:29 AM
64 replies to this topic
#12
SemiBizz
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Volume Dynamics Specialist
Posted 02 May 2008 - 12:12 PM
Don't get anxious Isaac... step by step here, first step 2555, second step 2447.
You can do your own work on QQQQ.
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#13
SemiBizz
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Volume Dynamics Specialist
Posted 02 May 2008 - 12:17 PM
HEY YA'LL TAKE EXTREME CARE THIS LOOKS SERIOUS !!
THERE IS SOMETHING WE DON'T KNOW YET !!
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#14
dcengr
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Member
Posted 02 May 2008 - 12:18 PM
SB...you tempting bears to keep shorting this on a kissback SPX move back toward the failed d/t line that has been in place for MONTHS?
bear bait is my call...SB is bear bait right here and now!
Don't fight the magical fractal...
I did once, and it ran over me with a truck.
Qui custodiet ipsos custodes?
#15
bobalou
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Posted 02 May 2008 - 12:18 PM
$ / yen is slow to give it up
#16
hiker
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independent trader
Posted 02 May 2008 - 12:20 PM
at this moment, SPX intraday is showing one partial and one full 15min candle residing below the minor horizontal of 1410 achieved yesterday....bears are looking at BEAR BAIT! here in my opinion...the very effective d/t line residing for SPX for MONTHS now was broken yest and today, and that failed d/t line is BELOW current price.
#17
isaac613
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Posted 02 May 2008 - 12:21 PM
They had to push the price up this morning with the fake jobs number so they could get the bears to cover. Now down we go. I think some financial bomb about to hit us. Not sure why but the last two days Lehman brothers has had huge put buying on the May $20 price. I am short lehman from $47. I think its going down hard.
#18
SemiBizz
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Volume Dynamics Specialist
Posted 02 May 2008 - 12:28 PM
OK, then let's see it break a candle high on volume... any candle high. I'm looking at the 3 min 1410 candle on the way down... broke it on 2/3 volume....
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#19
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 02 May 2008 - 12:29 PM
Yes it gets under 1407 on lighter volume, but leaves a cloud by breaking previous candle low...
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
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.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#20
hiker
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- TT Member*
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- 12,118 posts
independent trader
Posted 02 May 2008 - 12:32 PM
the actual PRICE fact is current price resides above what has been an effective and unbroken SPX d/t line on the daily for MONTHS...penetration yest and today.
this is fact...not speculation or trading methods of analysis. the d/t line has FAILED till proven otherwise...FACT.
