Tgt 180 before Opex.
http://stockcharts.c...7687&r=4268.png
Edited by beta, 13 March 2008 - 01:48 PM.
GS
Started by
beta
, Mar 13 2008 01:47 PM
12 replies to this topic
#1
beta
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lasergirl
Posted 13 March 2008 - 01:47 PM
See anything bearish in this ? Im long March 170 calls.
Tgt 180 before Opex.
http://stockcharts.c...7687&r=4268.png
Tgt 180 before Opex.
http://stockcharts.c...7687&r=4268.png
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#2
beta
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lasergirl
Posted 13 March 2008 - 01:55 PM
This one doesnt look bad, either: (> 450 yields 490 by Opex imo)
http://stockcharts.c...2422&r=9463.png
http://stockcharts.c...2422&r=9463.png
Edited by beta, 13 March 2008 - 01:57 PM.
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#3
beta
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lasergirl
Posted 13 March 2008 - 02:06 PM
Next pivots: breaking > SPX 1325 is key to the uptrend.
http://stockcharts.com/c-sc/sc?s=$SPX&p=10&b=5&g=0&i=p97221190627&a=113533385&r=1755.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=10&b=5&g=0&i=p97221190627&a=113533385&r=1755.png
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#4
beta
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lasergirl
Posted 13 March 2008 - 02:16 PM
... e-wave count on GS: note the incredible symmetry of price/oscillators around the median (201):
http://stockcharts.c...7687&r=5677.png
Note: this post will mess up the first chart of GS on post #1 (that's how Stockcharts works due to dynamic updates).
http://stockcharts.c...7687&r=5677.png
Note: this post will mess up the first chart of GS on post #1 (that's how Stockcharts works due to dynamic updates).
Edited by beta, 13 March 2008 - 02:17 PM.
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#5
beta
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lasergirl
Posted 13 March 2008 - 04:32 PM
One more: this looks hideous. Bounce to ^4300 range would be a gift to shorts.
IT target = ^3100.
http://stockcharts.com/c-sc/sc?s=$SSEC&p=D&yr=2&mn=0&dy=10&i=p63341485517&a=125123612&r=7831.png
IT target = ^3100.
http://stockcharts.com/c-sc/sc?s=$SSEC&p=D&yr=2&mn=0&dy=10&i=p63341485517&a=125123612&r=7831.png
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#6
eminimee
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I don't care who's fur is flying...
Posted 13 March 2008 - 04:49 PM
GS,BKX,xbd,mer...etc...holding there lows while oex and spx make lower lows....is a gift...be careful is they don't.....
Edited by Teaparty, 13 March 2008 - 04:50 PM.
#7
hiker
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Posted 13 March 2008 - 05:35 PM
i have one simple horizontal price line for GS in play since last week or so...price is dancing above and below it.
my short sighted view as a GS trader is nothing conclusive or reliable can be forecasted for its future price action.
Cramer said today in "stop trading" segment he likes GS...so, beware of that influence.
Edited by hiker, 13 March 2008 - 05:36 PM.
#8
beta
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lasergirl
Posted 13 March 2008 - 05:43 PM
i have one simple horizontal price line for GS in play since last week or so...price is dancing above and below it.
my short sighted view as a GS trader is nothing conclusive or reliable can be forecasted for its future price action.
Cramer said today in "stop trading" segment he likes GS...so, beware of that influence.
Thanks, Hiker. Actually your comments made me rethink this chart. 62% retrace = 171 (almost hit) and 78% retrace = 175.6, which is just about the bottom of the upside gap (from late Feb). Im starting to think perhaps 171-176 is the next top on GS.
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#9
beta
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lasergirl
Posted 13 March 2008 - 05:46 PM
GS,BKX,xbd,mer...etc...holding there lows while oex and spx make lower lows....is a gift...be careful is they don't.....
Yes. One thing I see in common on BKX, XBD, GS, SPX charts is the same triangle forming on the 60-min charts -- what does this pattern mean, and which way do these break ?? That's the puzzle Im currently trying to understand: if these triangles are "2s," then logic says next move is a strong "3" down -- but somehow, I think SPX has one more upside fakeout to the 1345-1350 level, before the downtrend resumes.
Edited by beta, 13 March 2008 - 05:50 PM.
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#10
hiker
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Posted 13 March 2008 - 05:54 PM
hi beta,
the PnF chart at SC shows the box comprised of 168 to 169.99 is of interest..whether we close above that box is now most relevant. the X in the prior column of X's resides there in the box ABOVE only because of that brief spike to 170.06.
whether the PnF is of much use in forecasting right now is uncertain, but I would not count your forecasted move beyond the 169.99 as a given, considering a biased-neutral view of the price action as shown on the PnF chart which helps filter out the noise
Edited by hiker, 13 March 2008 - 05:59 PM.
