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Chance of holding here? Sept. 14th Top?


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#1 Rogerdodger

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Posted 02 September 2009 - 10:40 PM

Chance of holding here?
Tick, sentiment & MCO look like the early July dip.
Sept. 14th Top? PDF CHART
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http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p48845342763&a=95529637&are=6086.png

#2 thespookyone

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Posted 02 September 2009 - 10:51 PM

Except, unlike July-the MCO's sure look like they'll blow out the divergent lows.

#3 inamosa

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Posted 02 September 2009 - 10:51 PM

I am expecting a positive close tomorrow for NDX...if doesn't work out, we may get an at least ST low tomorrow I have a Gann-derived turn date for Friday or Monday Good chance it will mark at least a ST market turn
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#4 Rogerdodger

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Posted 02 September 2009 - 11:25 PM

Except, unlike July-the MCO's sure look like they'll blow out the divergent lows.


I hear you.
I agree that this isn't July.
And I expect much better buys ahead.
But I'm just trying to put together the puzzle pieces.

#5 q4wer

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Posted 02 September 2009 - 11:55 PM

tomorrow could be a sharp rally day

#6 Not Too Swift

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Posted 03 September 2009 - 12:45 AM

You may be right. If so, I expect to be stopped out of a short sooner rather than later. Also, gold is rising.
I let the market tell me what to do. The trouble is she mumbles a lot, and I'm hard of hearing.

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#7 iloli way

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Posted 03 September 2009 - 02:26 AM

I don't know, RD, why is that date so close to my Sept/11th? Visit My Website

I see, Friday and Monday. Good, hope we are all right and get on with it with some not-so-hard monay....

:D
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
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#8 johngeorge

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Posted 03 September 2009 - 08:42 AM

FWIW Bradley turn dates:

http://forbestadvice...nDates2009.html

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Peace
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