Edited by dcengr, 14 July 2010 - 08:37 PM.
warning bears
Started by
dcengr
, Jul 14 2010 08:34 PM
12 replies to this topic
#1
dcengr
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Posted 14 July 2010 - 08:34 PM
It is in a bull channel right now and it is being supported by a longer term channel.. if it breaks 1092, the down channel gets violated...
And just to be fair, bears need to take it below 1086
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#2
dcengr
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Posted 14 July 2010 - 08:42 PM
Here's the simple end...
It broke the downtrendline, and broke the 50 MA, then tested both today and ended up above... Ofcourse it could be a fakeout, but if it isn't, watch out.
Qui custodiet ipsos custodes?
#3
uburack
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Posted 14 July 2010 - 08:44 PM
It is in a bull channel right now and it is being supported by a longer term channel.. if it breaks 1092, the down channel gets violated...
And just to be fair, bears need to take it below 1086
Big day expected with JPM, something will probably get violated and the only surprise should be a flat day me thinks
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
#4
NAV
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Posted 14 July 2010 - 09:29 PM
This is the kind of warning you should have given when we were at 1020-30 area. It would have saved some bears fur from getting damaged. Now you are yelling fire in a empty theatre, with just you inside...run ! 
#5
dcengr
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Posted 14 July 2010 - 10:17 PM
This is the kind of warning you should have given when we were at 1020-30 area. It would have saved some bears fur from getting damaged. Now you are yelling fire in a empty theatre, with just you inside...run !
I picked the exact bottom in futures, thank you very much.
Qui custodiet ipsos custodes?
#6
NAV
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Posted 14 July 2010 - 10:31 PM
This is the kind of warning you should have given when we were at 1020-30 area. It would have saved some bears fur from getting damaged. Now you are yelling fire in a empty theatre, with just you inside...run !
I picked the exact bottom in futures, thank you very much.
Well, maybe you did. The point was, if you didn't get it from my crude sense of humor, is that most bears have capitulated and we are at the tail end of a swing move. Who are you warning exactly ?
#7
dcengr
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Posted 14 July 2010 - 11:23 PM
This is the kind of warning you should have given when we were at 1020-30 area. It would have saved some bears fur from getting damaged. Now you are yelling fire in a empty theatre, with just you inside...run !
I picked the exact bottom in futures, thank you very much.
Well, maybe you did. The point was, if you didn't get it from my crude sense of humor, is that most bears have capitulated and we are at the tail end of a swing move. Who are you warning exactly ?
I don't know, but I found it very suspicious that futures squirted to ES 1098 before deflating back to 1092...
Qui custodiet ipsos custodes?
#8
SixSigma
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Posted 15 July 2010 - 01:47 AM
Don't know why there would be anything suspicious about it, it's OE week. One of the Elephants fell asleep after a typically gigantic lunch, and needed a better entry to short, that's all... 
Edited by reddybuild, 15 July 2010 - 01:50 AM.
#9
dcengr
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Posted 15 July 2010 - 02:04 AM
Don't know why there would be anything suspicious about it, it's OE week. One of the Elephants fell asleep after a typically gigantic lunch, and needed a better entry to short, that's all...
Yeah the whole thing makes me want to stay out.. on both long and short side of the trade. No trade for me tomorrow.
Qui custodiet ipsos custodes?
#10
dcengr
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Posted 15 July 2010 - 02:12 AM
this maybe why that squirt happened...
http://www.swpc.noaa...lots/kp_3d.html
note the solar storm was a big peak just about then.. LOL
http://www.swpc.noaa...lots/kp_3d.html
note the solar storm was a big peak just about then.. LOL
Qui custodiet ipsos custodes?
