Best Fade Sell
#1
Posted 12 November 2009 - 04:20 PM
Mark S Young
Wall Street Sentiment
Get a free trial here:
https://book.stripe....1aut29V5edgrS03
You can now follow me on X
#2
Posted 12 November 2009 - 04:22 PM
Mark, they'll probably spike the ES back.. and then we can shortAs of 11/10. Not bad. This thing is right 9 times out of ten, for a trade.
#3
Posted 12 November 2009 - 04:49 PM
Mark, they'll probably spike the ES back.. and then we can shortAs of 11/10. Not bad. This thing is right 9 times out of ten, for a trade.
#4
Posted 12 November 2009 - 05:42 PM
Don't go long here, indicators are turning so much... They going to drag the bull to to the slaughter house.We probably get back to about 1100 tomorrow before going down hard with out much come back. I covered my shorts today because The daily still looks like buy but is turning. One more move up is what I expect but am not playing the long side because it could be wrong.
Mark, they'll probably spike the ES back.. and then we can shortAs of 11/10. Not bad. This thing is right 9 times out of ten, for a trade.
#5
Posted 12 November 2009 - 07:03 PM
#6
Posted 12 November 2009 - 08:16 PM
Islander,My scans are not predominately negative yet, and the volume technical are still positive.
Turning this market down will take a few days. But when it turns, they are lined up at the exists. The sentiment is even but turning bearish again. Very fickle crowd.
Best, Islander
what about the russel? It's really negative. My charts are drawn by hand and it's down so massively, I really whatever don't have the guts to go long with this sort of technicals. I know it will turn down heavily. The tickers is terribly bad as well. Nikkei play method means a SUPER bear. i.e peaks come at before their lunch break. not typical of bull markets, not even uptrend bear market rallies.










