Lets go for the kill.
NDX MCO positive divergence still intact with Naz down 150.
Buying QLD 49s.. big chunk
Started by
ogm
, Sep 29 2008 01:18 PM
4 replies to this topic
#2
zigzag
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Posted 29 September 2008 - 01:50 PM
Lets go for the kill.
NDX MCO positive divergence still intact with Naz down 150.
The breadth is brutal and the volume component, though not as bad, has been catching up all day. Or should I say catching down. Now the volume component looks terrible. The chances to break today's low some time tomorrow are pretty good. Wouldn't be surprised to see a close on the low. Just thoughts from nobody to somebody.
J
#3
skyymaster
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Posted 29 September 2008 - 01:53 PM
Lets go for the kill.
NDX MCO positive divergence still intact with Naz down 150.
1500 has very good support. If gets to 1530 for test again, I may nimble. FEAR is there but so is FEAR of missing the bottom. I am looking for someone to REASSURE the public. So far, Warren BUFFET has not been able to do that.
My other theory is that this also a Capital Gains tax sell-off reason. They know, who is going to win and higher taxed are dead ahead. FWIW
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
#4
10Shekel
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Posted 29 September 2008 - 02:06 PM
i'm in ...maybe not as big of chunk as Mr. O - but i love the idea - it gives me some kind of wild strangle/combo on the market. Cheers!
#5
10Shekel
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Posted 29 September 2008 - 02:40 PM
OGM, you want to hear somethin hilarious 
?....I just took over 100% profit on my FSYS puts! - Did it just for amusement.
?....I just took over 100% profit on my FSYS puts! - Did it just for amusement.
