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#1 bearish04

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Posted 24 July 2009 - 09:01 AM

IYB- whats the expert opinion

#2 eminimee

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Posted 24 July 2009 - 09:04 AM

http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=D&yr=10&mn=8&dy=0&i=p94342571543&a=112384631&r=4049.png

#3 IYB

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Posted 24 July 2009 - 09:12 AM

I think Tea has it right. I put on shorts again this AM with stops right at yesterday's highs. Keeping stops close. Regards, D
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#4 bearish04

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Posted 24 July 2009 - 09:15 AM

cheers. thats a lot of divergences Tea. This looks like a blow off top. B

#5 snorkels4

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Posted 24 July 2009 - 09:22 AM

has anybody else used docs cycles
been pretty good on trends not so hot on turns
big profits and losses are made at turns
good luck

http://wallstreetexa...sional-edition/
Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh

http://www.zimbio.co...Veyron Crashing

#6 eminimee

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Posted 24 July 2009 - 10:26 AM

I find this the most interesting...doesn't mean we can't get at least one or two higher nominal highs in though...(maybe)
http://stockcharts.com/c-sc/sc?s=$BPNDX&p=D&yr=7&mn=6&dy=0&i=p47443541726&a=87769691&r=9445.png

#7 snorkels4

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Posted 24 July 2009 - 12:07 PM

has anybody else used docs cycles
been pretty good on trends not so hot on turns
big profits and losses are made at turns
good luck

http://wallstreetexa...sional-edition/

oh, pretty mega bullish if this and that
Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh

http://www.zimbio.co...Veyron Crashing