Here's what I was talking about

Never short a dull market.
Today had strong selling as shown in my TICK chart shown in a post below but they couldn't drive price any lower.
SDS (Double Short S&P) finally broke out and failed.
http://stockcharts.c...4481&r=2127.png

Edited by Rogerdodger, 22 February 2008 - 03:36 PM.

Back to triangle bottom. Isn't that just perfect. For somebody.

J

http://stockcharts.com/c-sc/sc?s=$COMPQ&p=60&yr=0&mn=1&dy=0&i=p89271853206&a=131088100&r=8657.png

SDS isnt that unusual on the larger scale. My partner was chomping at the bit to get back in
an I said it would come down to the line again. The minute count was not right, something was
not right about the whole thing. I think that is an X-wave that starts us a new count. Not
a bad thing. Just a little more work on Monday.

Never short a dull market.
Today had strong selling as shown in my TICK chart shown in a post below but they couldn't drive price any lower.
SDS (Double Short S&P) finally broke out and failed.
http://stockcharts.c...4481&r=2127.png

60 min chart looks to bottom tommorrow but given call time decay will wait for development.
I would like to see it settle, tighten bands over 2 1/2 days, give me a stick down and buy signal.

The friday candle didnt touch any of the trend indicator levels. Huge spread in %d %k exhausted
that stick.

Never short a dull market.
Today had strong selling as shown in my TICK chart shown in a post below but they couldn't drive price any lower.
SDS (Double Short S&P) finally broke out and failed.
http://stockcharts.c...4481&r=2127.png