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Another Buy


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#1 OEXCHAOS

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Posted 08 January 2009 - 10:50 AM

I'm looking long if we can work off the VST overbought on CCI. This one will be pretty nimble, as we may have to test the lows before a real move higher. The FL/FS is just about flashing a "Screaming" Buy on the 5-day. The 1-day is on a new Buy. I won't update on entry, as that's for subscribers. Mark

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#2 draggen33

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Posted 08 January 2009 - 10:56 AM

THXS MARK!!!!!!!!

#3 Rogerdodger

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Posted 08 January 2009 - 11:20 AM

Hi Mark.
That's what I figured.
Sentimentrader went from the very extreme bullishness to neutral in 3 days.

But that ISEE chart looks like any strength will be short lived as the 20DMA seems to be peaking.
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#4 OEXCHAOS

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Posted 08 January 2009 - 11:34 AM

I didn't like the volume nor the impulsive look. I'm going to give it some time to set up a better long. I still may hit them this afternoon. Mark

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#5 mss

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Posted 08 January 2009 - 12:01 PM

:)
Careful here........RSI not turned @ 12:00:47ET

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=1&dy=0&i=p22250022285&a=155479641&r=231.png
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#6 OEXCHAOS

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Posted 08 January 2009 - 12:04 PM

Neither have your MA's. They tried but they also have work to do. I'll just give it some time. When it turns, I'll look at it again. I think we have one more modest leg down from here.

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#7 Rogerdodger

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Posted 08 January 2009 - 01:07 PM

"Modest down leg" could be quite interesting.

[img]http://tbn3.google.com/images?q=tbn:ArPblCisu11L1M:http://imagehost.vendio.com/preview/ho/hotmiamistyles/83151.jpg[/img] :wub:

#8 tr8r

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Posted 08 January 2009 - 02:51 PM

(whoops! dbl post)

Edited by tr8r, 08 January 2009 - 02:55 PM.

What have you lost? The Illusion...

#9 tr8r

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Posted 08 January 2009 - 02:53 PM

"The FL/FS is just about flashing a "Screaming" Buy on the 5-day. The 1-day is on a new Buy. -Mark"


Nice call, Mark©ASH :D
Looks like a Green day all around.

Edited by tr8r, 08 January 2009 - 02:54 PM.

What have you lost? The Illusion...

#10 blustar

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Posted 08 January 2009 - 03:27 PM

Neither have your MA's. They tried but they also have work to do.

I'll just give it some time. When it turns, I'll look at it again. I think we have one more modest leg down from here.

Here we agree.

Blessings,

 

blu

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