Edited by redfoliage2, 23 October 2008 - 12:14 PM.
ST Signal Just Got Reinforced
Started by
redfoliage2
, Oct 23 2008 12:12 PM
10 replies to this topic
#1
redfoliage2
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Posted 23 October 2008 - 12:12 PM
ST BUY.
I see at least we get a Doji at the close.
#2
blustar
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blustar
Posted 23 October 2008 - 12:25 PM
My 60 min rate of change indicator is not confirming this recent down move. Looks like a wave -a-, -b- and now wave -c- to the upside.ST BUY.
I see at least we get a Doji at the close.
#3
redfoliage2
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Posted 23 October 2008 - 12:39 PM
The probability is high for the triple bottom hold and It will take off after, likely tomorrow. I just added more minutes ago, I put my money where my mouth is.My 60 min rate of change indicator is not confirming this recent down move. Looks like a wave -a-, -b- and now wave -c- to the upside.ST BUY.
I see at least we get a Doji at the close.
Edited by redfoliage2, 23 October 2008 - 12:40 PM.
#4
SilentOne
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Posted 23 October 2008 - 01:21 PM
I dunno, looks like the $SPX wants to go to 800 first and a new low. Not trading ...
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#5
blustar
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blustar
Posted 23 October 2008 - 01:28 PM
I see a day like Oct 13 tomorrow +900 Dow Points. I got long early but still holding.
#6
blustar
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blustar
Posted 23 October 2008 - 01:36 PM
OEX P/C ratio 2/1 calls over puts. SPX 2/1 puts over calls. Very extreme.
#7
SilentOne
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Posted 23 October 2008 - 01:43 PM
Looks like you got your ST buy. I want to see the XAU/HUI do something bullish to support that kind of rally blu. So far not I am not seeing it.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#8
redfoliage2
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Posted 23 October 2008 - 01:50 PM
Obviously this ST BUY was delayed and compressed. i.e. the rally will be bigger than from a normal ST BUY.Looks like you got your ST buy. I want to see the XAU/HUI do something bullish to support that kind of rally blu. So far not I am not seeing it.
cheers,
john
#9
blustar
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blustar
Posted 23 October 2008 - 01:51 PM
WE need the 3:00 buyers here.
#10
blustar
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Posted 23 October 2008 - 01:53 PM
I agree. Something like Oct 13 tomorrow.Obviously this ST BUY was delayed and compressed. i.e. the rally will be bigger than from a normal ST BUY.Looks like you got your ST buy. I want to see the XAU/HUI do something bullish to support that kind of rally blu. So far not I am not seeing it.
cheers,
john
