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IT SEEMS QUITE BULLISH TO ME


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#1 Insider

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Posted 11 January 2008 - 11:42 AM

The market should continue to rally (in a moderate way) over the next 1/2 weeks

Target 1460 SPX

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=5&g=0&i=p40281917052&r=7779.png

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BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#2 nicolasillo

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Posted 11 January 2008 - 11:49 AM

I was just thinking the opposite. Of course, you have meade great calls so maybe you are right

#3 skyymaster

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Posted 11 January 2008 - 11:50 AM

The market should continue to rally (in a moderate way) over the next 1/2 weeks

Target 1460 SPX

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=5&g=0&i=p40281917052&r=7779.png

Insider


I was thinking they fill the gaps above at 144 on spy and Q's and DIA before heading down. Looking to go puts somewhere around there. I suspect Ben is going to provide the market with .75 or more. He may even do a surprise move. Proabably gonna try to save the big money that has billions on some calls from above. Watch out for a surprise cut.

Edited by skyymaster, 11 January 2008 - 11:51 AM.

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#4 eminimee

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Posted 11 January 2008 - 11:57 AM

I'm thinking criminally...and laying out bait... :P

http://stockcharts.com/c-sc/sc?s=$OEX&p=15&yr=0&mn=0&dy=21&i=p60532598798&a=89308538&r=6680.png

#5 SemiBizz

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Posted 11 January 2008 - 12:02 PM

Here's the problem... 1- No Gap Up - no escape velocity. 2- Big Fat Highest Volume Untested Low from 1/9 Until conditions change, you can't expect any rally to stick without a separation gap.

Edited by SemiBizz, 11 January 2008 - 12:04 PM.

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#6 Insider

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Posted 11 January 2008 - 12:18 PM

The overall trend would be constructive if a "doji" candle is formed today

Anyway, I have a stop in place at breakeven (1399) and reverse below 1393.75

Looking for a retest of the 200 SMA

http://stockcharts.com/c-sc/sc?s=$VIX&p=D&b=3&g=0&i=p94980153053&r=9220.png

Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#7 SemiBizz

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Posted 11 January 2008 - 12:21 PM

This timeframe is critical now as we approach new lows here... From 12:40 - 1:15... any new low or high in that timeframe will result in a test of same later in afternoon. To engineer a manufactured recovery, they need to get the low in ahead of 12:40 and bust it straight up. Say your prayers bullies... :bear:

Edited by SemiBizz, 11 January 2008 - 12:24 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 Insider

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Posted 11 January 2008 - 12:37 PM

This timeframe is critical now as we approach new lows here...
From 12:40 - 1:15... any new low or high in that timeframe will result in a test of same later in afternoon.

To engineer a manufactured recovery, they need to get the low in ahead of 12:40 and bust it straight up.

Say your prayers bullies... :bear:



Bullies? :lol:

Posted Image

but money is money ;)

Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#9 SemiBizz

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Posted 11 January 2008 - 02:44 PM

This timeframe is critical now as we approach new lows here...
From 12:40 - 1:15... any new low or high in that timeframe will result in a test of same later in afternoon.
To engineer a manufactured recovery, they need to get the low in ahead of 12:40 and bust it straight up.
Say your prayers bullies... :bear:



And did we get that new low? Yes we did.... 10:15 on the button, and then did we get a lower low, yes we did. (Nasdaq).
And Now, same deal here, any new low by 3:15 and AMF... Adios Market Friends. We'll see a lower low by the close at a minimum...
The Bulls are literally holding on by their SOXX (and you better keep an eye on it)

Edited by SemiBizz, 11 January 2008 - 02:45 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#10 SemiBizz

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Posted 11 January 2008 - 03:11 PM

STILL THINK IT"S BULLISH ????
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics