Today - Big sell off!!!

Just would like to see another discussion about me. I like being popular. I am not going to get 21 responses and 2000+ views this time, because people on this board don't like talking about winners. So far 7% on S&P. Would you like more? You will get a lot more. Denleo

"You will get a lot more." care to bother to tell us why? trading God, that you are.

there are many winners in this game why not share something useful besides a simple statement of your trading bias?

Nice trade...that should off set the BizzaroDenleo trades...

Denleo: I think telling us the reason why it will go lower on a technical sense would help all of us in the board figure out our trading styles. I know my charts although they are saying we are in a downward trend, are also giving me a medium term buy signal. Mine are... 10-day Put/Call Ratio is high ( Over 1.05 ) 1-day TRIN is over 1.5 ( probably close over ) MAX Pain of QQQQ's is 43.5 for October ( QQQQ should be close within 5% of 43.5 by expiration ) By the end of the day... I would think McCellan for NYSE and NASDAQ would be under -200 and -50 respectively Right now I score bottoms. -3 is what Friday as a buy which is marginal buy on the market. It looks like by the end of the day I will have a -6, which is what I had a the previous bottom, week before last...... I don't use on my charts because it hits so infrequently, but in the past I have used 45 as a bottoming indicator, which we had today..... Regardless, I am always looking at improving my system on a technical basis. What is telling you it will continue to go much lower.... Barry

http://stockcharts.com/c-sc/sc?s=$INDU&p=W&yr=8&mn=0&dy=0&i=p09463672145&a=134717548&r=6394.png

I have been trying for almost a half hour now to post this thank you to you Teaparty for the chart. Thanks. Whew!

Dennis is a "gut" trader -- asking him for technical analysis reasons is probably pointless. Personally, I like to know how's he's thinking whether I agree with him or not.

Good job Denleo. Any thoughts on how low we go? IT

nice call zenleo ! seriously, my new theory is NAV is the one doing the zen thing . ed rader