Support is 918 - 922 on Spooz. Daily close below this level will be a bearish development.
Denleo
Quick update
Started by
denleo
, Jun 03 2009 12:21 PM
28 replies to this topic
#2
Woody
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Posted 03 June 2009 - 12:29 PM
Support is 918 - 922 on Spooz. Daily close below this level will be a bearish development.
Denleo
Agreed,
http://stockcharts.com/c-sc/sc?s=$XSP&p=60&yr=0&mn=3&dy=0&i=p09917858547&a=169879081&r=1636.png
#3
rkd80
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Posted 03 June 2009 - 12:30 PM
Support is 918 - 922 on Spooz. Daily close below this level will be a bearish development.
Denleo
922 = 61.8 retrace and top of the Friday late volume spike.
“be right and sit tight”
#4
traderpaul
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Posted 03 June 2009 - 12:31 PM
$BKX and $SOX unperformed yesterday....it is bearish already.....Support is 918 - 922 on Spooz. Daily close below this level will be a bearish development.
Denleo
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#5
Slothrop
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Posted 03 June 2009 - 12:36 PM
WAG: it'll bounce. Outside chance of a new SPX high, but financials can't quite get there. Then, everybody tanks.
#6
eminimee
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I don't care who's fur is flying...
Posted 03 June 2009 - 12:41 PM
May I suggest you keep an eye on NDX 1459..and if it breaks...1437.....below there...lights out....if there not out already
..and Ps...where are Frick and Frack?
Edited by Teaparty, 03 June 2009 - 12:43 PM.
#7
eminimee
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I don't care who's fur is flying...
Posted 03 June 2009 - 12:53 PM
"they're"
#8
milbank
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Posted 03 June 2009 - 12:54 PM
..and Ps...where are Frick and Frack?
That's been a side indicator for my day and a good reason to look forward to the IT turning as soon as possible.
Edited by milbank, 03 June 2009 - 12:57 PM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#9
eminimee
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I don't care who's fur is flying...
Posted 03 June 2009 - 12:59 PM
..and Ps...where are Frick and Frack?
That's been a side indicator for my day and a good reason to look forward to the IT turning as soon as possible.
..well...I guess I know where Frack went hiding off to....but he'll be back....Frick has been silent all day....maybe getting his neck looked at after all that whipsaw...
PS...I'm not comfortable seeing these bears coming out of the cave.....where were they at the top?
Edited by Teaparty, 03 June 2009 - 01:01 PM.
#10
rkd80
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Posted 03 June 2009 - 01:05 PM
..and Ps...where are Frick and Frack?
That's been a side indicator for my day and a good reason to look forward to the IT turning as soon as possible.
..well...I guess I know where Frack went hiding off to....but he'll be back....Frick has been silent all day....maybe getting his neck looked at after all that whipsaw...
PS...I'm not comfortable seeing these bears coming out of the cave.....where were they at the top?
Frick will be back with a new stance on the market and a new position, Frack will inevitably return unless things get really bad.
“be right and sit tight”
