A look at the SS as of last night looks like all the indicators are poised to go to sell by the close today if things stay like this. Only thing I'm not sure about is if the NYMO will drop below the recent lows to get by your filter. Any intraday nymo folks out there give us an idea what the nymo will be with the current breadth?
Doc

IYB any thoughts on if we might get a SSSS today?
Started by
Echo
, Apr 30 2010 02:04 PM
4 replies to this topic
#1
Posted 30 April 2010 - 02:04 PM
#2
Posted 30 April 2010 - 02:07 PM
ps the other thing I'm not sure about is if 5 o'clock Charlie is going to show up. Anyone seen him lately? We could easily see frontrunning of the 1st day of month and FMM rally expectations.
#3
Posted 30 April 2010 - 02:16 PM
SPY....S@118-17.......next....112-13 R@121-22
vitaminm
#4
Posted 30 April 2010 - 04:20 PM
Well all went to a sell except nyhl which sold on the old setting but right on the line with the new.
nymo did not make the filter either.
So no sell yet as far as i see.
No 5 0'clock Charlie till after the close, then futures popped a few AH.
RUT sure did close ugly, just for you Dev.
Edited by Echo, 30 April 2010 - 04:22 PM.
#5
Posted 30 April 2010 - 05:27 PM
Hey sorry Doc. Just saw this. But you already scoped it out rather precisely. I think it's just a "retest" before a strong new run in May. fwiw. Thanks, btw, for the Hurst work, and good weekend, DWell all went to a sell except nyhl which sold on the old setting but right on the line with the new.
nymo did not make the filter either.
So no sell yet as far as i see.
No 5 0'clock Charlie till after the close, then futures popped a few AH.
RUT sure did close ugly, just for you Dev.
“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