http://stockcharts.com/h-sc/ui?s=$SPX...amp;a=204102255
Correction complete, new lows coming.
Started by
goldswinger
, Jul 13 2010 05:52 PM
6 replies to this topic
#2
MikeyG
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Posted 13 July 2010 - 06:03 PM
How well does this system work during trending markets...IE March and April...
#3
goldswinger
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Posted 13 July 2010 - 06:12 PM
How well does this system work during trending markets...IE March and April...
it was "trending" on June 21 before the 125 point plunge. Ask me in a few days......
GS.
#4
qqqqtrdr
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Posted 13 July 2010 - 06:15 PM
Move keeps going up... NAS100 already up 1% in after hours... My short covering indicator won't hit until tonight to see how much of today's move was short covering. Ride the market higher for now until internals show their hand on the downside...
Barry
#5
porsche911sg
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Posted 13 July 2010 - 06:50 PM
Currently nthing is pointing done just sold my NQ 100Move keeps going up... NAS100 already up 1% in after hours... My short covering indicator won't hit until tonight to see how much of today's move was short covering. Ride the market higher for now until internals show their hand on the downside...
Barry
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#6
qqqqtrdr
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Posted 13 July 2010 - 07:08 PM
Currently nthing is pointing done just sold my NQ 100Move keeps going up... NAS100 already up 1% in after hours... My short covering indicator won't hit until tonight to see how much of today's move was short covering. Ride the market higher for now until internals show their hand on the downside...
Barry
Good Luck Porsche... I bought QLD at 52 last week, now at 58.11 after hours. Not too bad so far for a swing trade so far. We are getting overbought ST, but we might have some more gas to take the market higher... Maybe duck tape can fix the market like it did the Iphone.
Barry
#7
porsche911sg
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Posted 13 July 2010 - 07:19 PM
I think it would nq would only have iut major plunge after may 1900.. that still alot more to go. They could sell down a little today that move up again.Currently nthing is pointing done just sold my NQ 100Move keeps going up... NAS100 already up 1% in after hours... My short covering indicator won't hit until tonight to see how much of today's move was short covering. Ride the market higher for now until internals show their hand on the downside...
Barry
Good Luck Porsche... I bought QLD at 52 last week, now at 58.11 after hours. Not too bad so far for a swing trade so far. We are getting overbought ST, but we might have some more gas to take the market higher... Maybe duck tape can fix the market like it did the Iphone.
Barry
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
