Volatility ALERT
#1
Posted 09 November 2012 - 08:04 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
Posted 09 November 2012 - 08:15 AM
Yup, lots of unexpected technical internal breakdowns too place yesterday usually leads to "something wicked this way comes".Be very careful
This should pass by Wednesday of next week.
Until then...
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#3
Posted 09 November 2012 - 08:16 AM
Be very careful. The futures are gappy and unstable and we could see some very wild swings here. It looks like the operators are going to try to gap under support in hopes of washing this out this morning.
This price behavior is unmistakeable, and this JITTER MODE can last for days and weeks ahead before the tape finally calms down.
Sems jitter mode. Love it man.
We had a 97.8% no low yet in cash close yesterday the highest of all the st signatures. looks like it will be satisfied today at open.
Edited by zoropb, 09 November 2012 - 08:18 AM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#4
Posted 09 November 2012 - 08:18 AM
Yup, lots of unexpected technical internal breakdowns too place yesterday usually leads to "something wicked this way comes".Be very careful
This should pass by Wednesday of next week.
Until then...
Fib
How do you figure that specific time frame ?
#5
Posted 09 November 2012 - 08:20 AM
Yup, lots of unexpected technical internal breakdowns too place yesterday usually leads to "something wicked this way comes".Be very careful
This should pass by Wednesday of next week.
Until then...
Fib
How do you figure that specific time frame ?
Trading Experience... it can be as short as August 2011 or as long as Sept - Nov 2008.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
Posted 09 November 2012 - 08:25 AM
One thing for sure.. Euro ( and Europe ) is a gigantic drag here.
Edited by ogm, 09 November 2012 - 08:30 AM.
#7
Posted 09 November 2012 - 08:32 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
Posted 09 November 2012 - 08:34 AM
I have a very educated guess where it is going, and "average" prices are fine for reference but they don't identify buyers and sellers, stops, covering and entry points. There are lots of averaging schemes, including E-wave, trend lines etc., but we only use them for reference.
Yes, yes, I know, I was going to do it today
#9
Posted 09 November 2012 - 08:42 AM
"Crash like" events have very small windows of opportunity...usually about 3-4 trading days after a triggered event.Yup, lots of unexpected technical internal breakdowns too place yesterday usually leads to "something wicked this way comes".Be very careful
This should pass by Wednesday of next week.
Until then...
Fib
How do you figure that specific time frame ?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#10
Posted 09 November 2012 - 08:46 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics