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How to know when this market is going down


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#1 SemiBizz

SemiBizz

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Posted 23 March 2007 - 10:21 AM

Posted 2/26/07: (Day before the crash)

Gee, you think these guys know something we don't know yet?


http://bigcharts.mar...&mocktick=1.gif


They are starting to lean south again. GS high volume high (which you may remember I said would be tested) at 210 has been tested on vapor. I'm looking for either a gap down now or a quality of volume decline. It's hard to imagine what event now could spark GS Higher now on quality of (higher) volume. I'm watching 210 like a hawk here...
Price and Volume Forensics Specialist

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 SemiBizz

SemiBizz

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Posted 23 March 2007 - 10:59 AM

Posted 2/24 same chart...



The climb of the Wall Street Wall of Worry has taken a detour down the Holland Tunnel. Fasten your seat belts. Man your lifejackets... :bear: They say the rats are always the first to jump ship.


Price and Volume Forensics Specialist

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

#3 chris

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Posted 23 March 2007 - 12:01 PM

MER has been one of my favorite canaries.

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