A little trivial info
Started by
eminimee
, Feb 22 2008 02:44 PM
19 replies to this topic
#1
eminimee
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Posted 22 February 2008 - 02:44 PM
We haven't closed a daily bar under 1330 since January 22nd
#2
NAV
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Posted 22 February 2008 - 02:53 PM
Tea,
Great minds think alike 
. I was about to post the same. It's not trivia, but a very important thing. Any daily close below that would mean the consolidation of the last 7-8 days has failed, which would give a measured move to about SPX 1290-95. If the market closes above that, then todays peek below that horizontal trendline was a fakeout, keeping the bulls hope alive.
. I was about to post the same. It's not trivia, but a very important thing. Any daily close below that would mean the consolidation of the last 7-8 days has failed, which would give a measured move to about SPX 1290-95. If the market closes above that, then todays peek below that horizontal trendline was a fakeout, keeping the bulls hope alive.
#3
eminimee
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Posted 22 February 2008 - 02:55 PM
If 32 holds here...we could see a pop and run to 37.50 fwiw.....below 29.25 and we should see a new low
#4
eminimee
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Posted 22 February 2008 - 02:59 PM
Tea,
Great minds think alike
Exactly...I just didn't want to give that much info...
#5
milbank
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Posted 22 February 2008 - 03:12 PM
The least trivial thing I've read here today.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#6
dcengr
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Posted 22 February 2008 - 03:14 PM
I have an odd feeling it may gap right through that at monday's open..
But I gotta take a shower and get something to eat. 
Qui custodiet ipsos custodes?
#7
denleo
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Posted 22 February 2008 - 03:16 PM
The only thing I understood in this thread is "measured move to about SPX 1290-95".
I agree.
Denleo
#8
eminimee
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Posted 22 February 2008 - 03:18 PM
..and NAV...when you say "bulls"...I take it to mean individuals that are thinking the market will be going up? I'm unfamiliar with the term. 
#9
milbank
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Posted 22 February 2008 - 03:24 PM
Bulls are animals with big balls...and NAV...when you say "bulls"...I take it to mean individuals that are thinking the market will be going up? I'm unfamiliar with the term.
When they are cooked and served they are known as Sweet Bread.
Edited by milbank, 22 February 2008 - 03:27 PM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#10
NAV
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Posted 22 February 2008 - 03:26 PM
..and NAV...when you say "bulls"...I take it to mean individuals that are thinking the market will be going up? I'm unfamiliar with the term.
Ok then, how about BULLZ ?
