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Tick & Trin extreme

Started by Rogerdodger , Nov 05 2008 11:08 PM

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6 replies to this topic

#1 Rogerdodger

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Posted 05 November 2008 - 11:08 PM

I'm a bit uncertain.
The tick and trin closes were pretty extreme.
Yet Sentimentrader.com did not jump following a 500 point sell-off!
Makes me think we might get a flatish close tomorrow.
http://stockcharts.com/c-sc/sc?s=$ONE:$TRIN&p=D&yr=0&mn=4&dy=0&i=p51807040144&a=110811008&r=3586.png

Posted Image

Edited by Rogerdodger, 05 November 2008 - 11:14 PM.

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

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#2 thespookyone

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Posted 05 November 2008 - 11:17 PM

Always love and value your takes, Roger, BUT - there is a Batman pattern in the top right of your chart-tomorrow we flush-fairly hard.

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#3 Rogerdodger

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Posted 05 November 2008 - 11:22 PM

I could see that happening, especially with the un-moved sentiment. I think that's where my uncertainty comes from.

Edited by Rogerdodger, 05 November 2008 - 11:33 PM.

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

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#4 AChartist

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Posted 05 November 2008 - 11:23 PM

i think a bounce day will fit a W2 of 5, if it happens tomorrow.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work" M.Jordan

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#5 thespookyone

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Posted 05 November 2008 - 11:24 PM

Funny, Roger, with the trin that high, I hate to make the comment I did-but I have to go with past experience with that pattern. Achartist-I was thinking that myself today, a definite possibility to me-considering the speed of movement today and short term time frame counts on todays action.

Edited by thespookyone, 05 November 2008 - 11:28 PM.

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#6 Russ

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Posted 06 November 2008 - 12:48 AM

more down should be coming...
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=3&dy=0&i=p43965094715&r=4793.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p43965094715&r=5146.png

Edited by Russ, 06 November 2008 - 12:50 AM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong

http://marketvisions.blogspot.com/

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#7 mogreen

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Posted 06 November 2008 - 06:23 AM

Trin was 3.95 area with a one way market down yesterday. We should end the day today unchanged to up 200+ given this Trin. I'm looking to Buy SPX 925 for a rally back up to 965. $VIX bounced of its 10 week at 45 and should be held to its 20e 59 area. Russ....If you run RSI an CCI with a 3 or 4 you'll get the wrong signals, I'm running a 12 so I don't get wipedsawed.

Edited by mogreen, 06 November 2008 - 06:29 AM.

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Back to Fearless Forecasters

Tick & Trin extreme

#1 Rogerdodger

#2 thespookyone

#3 Rogerdodger

#4 AChartist

#5 thespookyone

#6 Russ

#7 mogreen

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