http://bigcharts.mar...&mocktick=1.gif
There's not a big move coming.... There's a HUGE move coming...
Edited by SemiBizz, 02 May 2008 - 09:04 PM.
What was it I saw in the tape today?
Started by
SemiBizz
, May 02 2008 08:59 PM
5 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 02 May 2008 - 08:59 PM
This tape was gappy and unstable today... take a look.
http://bigcharts.mar...&mocktick=1.gif
There's not a big move coming.... There's a HUGE move coming...
http://bigcharts.mar...&mocktick=1.gif
There's not a big move coming.... There's a HUGE move coming...
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
SemiBizz
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Volume Dynamics Specialist
Posted 02 May 2008 - 09:04 PM
http://bigcharts.mar...&mocktick=1.gif
OK, the thing I wanted to show you here is look what happened here at 2 O'Clock. Then you look at the SPX, there was a gap down on the 3 min on volume (chart posted on earlier SPX thread)
Somebody knows something I can tell you that. Only time will tell, but we know the general area.
OK, the thing I wanted to show you here is look what happened here at 2 O'Clock. Then you look at the SPX, there was a gap down on the 3 min on volume (chart posted on earlier SPX thread)
Somebody knows something I can tell you that. Only time will tell, but we know the general area.
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
#3
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 02 May 2008 - 09:06 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
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
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 02 May 2008 - 09:14 PM
The posse was called in to rescue this cliff faller...
http://bigcharts.mar...&mocktick=1.gif
There was a "save face" print on the close.
Oh, and there was that little story about CFC debt being cut to "JUNK" by S&P...
Random Thoughts: Is Countrywide the Next Shoe?
http://bigcharts.mar...&mocktick=1.gif
BoA says no assurance on Countrywide debt: filing
You decide, I've seen the tape. I didn't have to read the news.... but I did just out of curiosity.
http://bigcharts.mar...&mocktick=1.gif
There was a "save face" print on the close.
Oh, and there was that little story about CFC debt being cut to "JUNK" by S&P...
Random Thoughts: Is Countrywide the Next Shoe?
http://bigcharts.mar...&mocktick=1.gif
BoA says no assurance on Countrywide debt: filing
You decide, I've seen the tape. I didn't have to read the news.... but I did just out of curiosity.
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
#5
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 02 May 2008 - 10:01 PM
As far as Nasdaq. Look at this. Sure it's the strongest right here vs SPX, but look overall, the DJIA and SPX have tested their .50s, but the Nasdaq failed, and that's your strongest group at the moment. Looks quite similar in fact to what happened in November, but at lower levels... and we're moving into 180 degree GANN timeframes for the November high. And the chart was in better shape in November 2007 than it is here... for sure. In fact we may have already seen the IT high.
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
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
TheArchitect
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Member
Posted 03 May 2008 - 02:27 PM
you do nice work Semi... thanks
