But since we're in a bear market, if we get much below it, we're probably going all the way down to test those lows... 
Edited by SemiBizz, 22 February 2008 - 12:13 PM.
Those Watching For Buy Programs
Started by
SemiBizz
, Feb 22 2008 12:10 PM
11 replies to this topic
#1
SemiBizz
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Posted 22 February 2008 - 12:10 PM
2251 should provide a nice bounce... yes, on a bullish spring.
But since we're in a bear market, if we get much below it, we're probably going all the way down to test those lows...
But since we're in a bear market, if we get much below it, we're probably going all the way down to test those lows...
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
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
#2
isaac613
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Posted 22 February 2008 - 12:25 PM
We might close at that 2251, keep everyone in suspense over the weekend. Wouldnt that be interesting.
#3
SemiBizz
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Posted 22 February 2008 - 12:30 PM
Your AAPL you were long last week is going to have a bump at 116 and then down we go to 110.
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
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
#4
isaac613
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Posted 22 February 2008 - 12:38 PM
I actually sold apple near the top at 129. Also sold goog and went short on that at 537. Wish I shorted aaple. Unfortunately I also sold rimm the day before it spiked at $98. Thinking about buying aaple back around 115 though. Not sure yet.
#5
SemiBizz
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Posted 22 February 2008 - 12:40 PM
I think ya gotta let this bloodletting finish first. I don't see any sign of strength yet, and I see a lot of heavy resistance overhead being built as we go lower and lower... if we get a new low now by 1:15 we're probably going into a capitulation bottom ... well, interim bottom anyway.
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
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
#6
isaac613
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Posted 22 February 2008 - 12:44 PM
If 2251 is the bottom for now, then aaple will rally with the market. I don't even think it will get to 115. I still would like to see $41 on the qqqq , that is where I would like to go long again.
#7
SemiBizz
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Posted 22 February 2008 - 12:50 PM
Well, first positive indication here now on Nasdaq 3 min candle trend. Of course small timeframes generate a higher percentage of false signals, so we'll look for some other confirmation.
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
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
AChartist
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Tim
Posted 22 February 2008 - 01:27 PM
got out of all puts around 12:30-1 PM, something strange puts loosing premium today.
Went long one. Have a spot in mind to reenter sds.
Went long one. Have a spot in mind to reenter sds.
2251 should provide a nice bounce... yes, on a bullish spring.
But since we're in a bear market, if we get much below it, we're probably going all the way down to test those lows...
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#9
SemiBizz
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Posted 22 February 2008 - 01:30 PM
Love this bear market stuff, I have all day to cover at the lows... 
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
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 22 February 2008 - 02:17 PM
If 2251 is the bottom for now, then aaple will rally with the market. I don't even think it will get to 115. I still would like to see $41 on the qqqq , that is where I would like to go long again.
hehehe, here comes 115.XX. I like to see 2251 test here.
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
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
