7 replies to this topic

[SemiBizz]

If you didn't think the flash crash was for real... Explain away the volatility we have witnessed beyond it... And underneath the volatility beast are computer programs... Executing in real time in this new ULTRA HIGH SPEED environment... More than ever you have to expand on your perception of the possibilities here... The machine under this market is a MONSTA. We do have a possibility now of breaking the post crash highs, and given the velocity here, that's something that can happen in just 4 days... SPX = 1100 4 X 33pts Avg May trading range = 132 1100 + 132 = 1232. OR 1100 - 132 = 968 33 pts is 3% per day here at 1100... If you are wrong, you are going to be very wrong... That is why I say... FLASH YOUR CASH... You must trade early and often... Or get stuck... As the market sorts out inflation/deflation, recovery/depression, liquidity/illiquidity, solvency/insolvency. And whips around like a 10 ton boa constrictor... If you like schizophrenic ups and down of alternating elation and despair, holding short or long is GREAT. If you want to stay alive, you better trade this beast. If you can't make a living on 3% swings in a day, turn the mouse over to your 13 year old computer gamer kid, he/she won't have your biases, and can execute based on support/resistance numbers. He who hesitates is lost here. You don't have time to think - that has to be done in advance (your homework), you have to EXECUTE... My 2 cts for this FAST MARKET....

Edited by SemiBizz, 03 June 2010 - 10:39 AM.

[zman]

well said indeed...tks

[Islander]

What is the bottom line? play themes with longer run potential, or, stay off busy highways? Obviously you can not trade with the giants no matter what you do since the giants are not only fast, but arbitrary. Staying Alive, Islander

[SemiBizz]

Just do your homework and know where to expect the beast to whip around on you... Wait for your price expectation (support, resistance....homework) Verify the trend. Set your stop and target. Execute. Here's a little piece of my homework, might come in handy...

[tradermama]

Explain away the volatility we have witnessed beyond it...

Thought I'd add to the explanation...LOL!..

http://www.mmacycles...g-may-31,-2010/



Uranus entered Aries last Thursday evening, May 27 (Friday morning in Europe and Asia). Two days before, as the 84-year orbital planetary cycle moved through the last degree and even the couple of minutes arc of Pisces, the Dow Jones Industrial Average (and many other stock indices) fell to a new yearly low at 9774. It was sudden and fast. It didn’t stay there long (we said markets would move fast). By the end of the day, it was 275 points above that new low, perhaps marking the end to this present decline. The next day the DJIA went up another 135 points but then gave back 200 by the close. The next day it closed up nearly 300 points. And on Friday, it fell back 121 points. This is the nature of Uranus, to swing wildly back and forth. This is the nature of Jupiter too, to make large price movements each way. It is part of the nature of Aries too, an action sign which likes things to move fast.

Wouldn’t it be fitting that Uranus, in the last degree of Pisces, coincides with the end of a mini-bear market, and the start of a new bull market that will take stock indices to new yearly highs quickly? Well yes, it would be fitting, but it will not necessarily be the case, for with Uranus, you never know what to expect, other than surprises and the unexpected. From the perspective of this Financial Astrologer, the possibility of move up in the DJIA to 12,500 is about equal to the possibility of move down to 8500-9000 or slightly lower. I would not be surprised to see both levels attained this year yet. I am just not sure which comes first.

Thus one part of the astrological promise has been unfolding as expected. That is, the markets are wild, volatile, and experiencing very sharp price swings in which the lows fall much lower than anyone expects, and the rallies are much stronger than anyone expects, with the exception of Financial Astrologers. We expect this. We can claim accuracy for forecasting the volatility and wild price swings, which are likely to continue through much of the summer and possibly well beyond and into early next year. After all, Uranus will be in Aries for the next 7 years, and Jupiter will be mostly in Aries for the next year.

[SemiBizz]

This is the kind of stuff I do every day on our website... BTW... But this might be useful... Short term hourly support... 2274 2265

[SemiBizz]

I'm not an astrologer... But if I were, I would dig right in to 2:47 EDT NYC 5/6/2010... And I would know it upside down and backwards... And work with the present aspects...

[Islander]

I hesitate to mention Arch Crawford, but he starred at brokers convention I attended recently and said that the Cardinal Climax was coming on ~ 1 August. I do not do stars, except to navigate my sail boat, so I have little or no insight. But is it worth knowing more about? It sounds rather significant: once in 10,000 years. I ought to remember the last one, but you know what ages does to memory. Islander

Edited by Islander, 03 June 2010 - 01:26 PM.