Look for a bounce back to 1389-81 area, then we see.
Edited by SemiBizz, 09 May 2008 - 09:06 AM.
Voilas... ES 1385 (per previous forecast)
Started by
SemiBizz
, May 09 2008 08:31 AM
32 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 09 May 2008 - 08:31 AM
Look for a bounce back to 1389-81 area, then we see.
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
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 May 2008 - 08:38 AM
Semi...I missed the previous forecast...could you point me to it please...TIA..I just want to see what you were saying about volume...I'm trying to follow some of your stuff and put some sense to it with my work.
#3
SemiBizz
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Volume Dynamics Specialist
Posted 09 May 2008 - 08:44 AM
ES and SPX pointing to 1385 area
Long a little SSO here with a tight leash.
You didn't miss it though, yours is the 2nd post on the thread...
Sorry about the barchart thing, I guess their links expire and are reuseable...
Long a little SSO here with a tight leash.
You didn't miss it though, yours is the 2nd post on the thread...
Sorry about the barchart thing, I guess their links expire and are reuseable...
Edited by SemiBizz, 09 May 2008 - 08:45 AM.
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
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 May 2008 - 08:52 AM
Have you got another system for entries into that short to 1385?...I'm just wondering if you took the short then and rode the heat to 1420?
#5
SemiBizz
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Volume Dynamics Specialist
Posted 09 May 2008 - 09:04 AM
I had a "core" position I sold the rest of yesterday in afterhours...(SDS)
Then I traded around it.
Added when we went into the 1420...
I"m long here(SSO)... expect 1389-91 probably 1400-01, 50% chance of stall at 1397.
See the volume spikes on the chart for more clarification.
Edited by SemiBizz, 09 May 2008 - 09:04 AM.
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
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 09 May 2008 - 09:07 AM
Gotta be fast when I put these barchart charts up because they change the links pretty quick.
I guess I could copy them, save and paste...
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
#7
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 09 May 2008 - 09:12 AM
Oh, and contrary to what you have been told... I am far from going broke using volume analysis as my primary tool in my tool box...
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
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 09 May 2008 - 09:17 AM
So, where's my stop? If we break into this last candle of volume at 1383, then we probably want to go down and test the 2/1 SPX high of 1375. Now we could hold like we did the other day at 1379. So risk is pretty well defined here. I will not take any heat here long, since we're still near the post crash highs. Now as I posted earlier, I suspect we could be in and around the 1416 .50 SPX pivot for awhile before we dump completely.
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
#9
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 May 2008 - 09:18 AM
I wasn't doubting that at all.....I was curious on what you do that's all....each to their own I say...what ever works.
#10
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 May 2008 - 09:19 AM
watch 640.20 approx. on oex this morning...if that stalls any rally...and then we get a higher low....we could be off to the races.... but below 635.30 and more swoosh
