Radio Guru: "Get your orders placed for the rally"

Posted 27 July 2011 - 07:08 PM

As the market was sinking today, I wondered what Phil Grande was telling his "gang" at philsgang.com.
He listed the stocks that his gang was short then he said to go ahead and get your orders placed for the rally.
"When 'they' get a debt agreement, this market will take off."
He recommended an IWM buy (BUY STOP ORDER) at 80.80 and a DBA (BUY STOP ORDER) at 32.98
(But he said not to do it if you are not a gang member.)

The fuel may be building for a scorch. All we need is a spark.


(This sentimentrader graph is live.
At posting S/T is about 90-95% bearish, L/T is about 60-65% bearish.)
http://stockcharts.c...4129&r=1329.png
http://stockcharts.c...1857&r=2635.png

Edited by Rogerdodger, 27 July 2011 - 07:33 PM.

• Back to top

Posted 27 July 2011 - 07:12 PM

• Back to top

Posted 27 July 2011 - 07:18 PM

Daily = Notta chance.

• Back to top

Posted 27 July 2011 - 07:26 PM

Geez, Where is extreme pessimism coming from? We have had a couple of days selling only. Not 7 days. You guys are acting like we lost a couple of 100 points. In some models, the sell signals didn't even activate yet.

• Back to top

Posted 27 July 2011 - 07:26 PM

• Back to top

Posted 27 July 2011 - 07:27 PM

The RVX is showing enough fear but the VXN and VIX aren't there yet, I need to see brown stains.

And this looks really bad

• Back to top

Posted 27 July 2011 - 07:32 PM

• Back to top

Posted 27 July 2011 - 07:33 PM

then again...the tick chart is showing we should get a rally is the glass half full or half empty?

• Back to top

Posted 27 July 2011 - 08:09 PM

• Back to top

Posted 27 July 2011 - 10:27 PM

• Back to top