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Cover your shorts before Ben speaks


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#11 Mr Dev

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Posted 28 March 2007 - 10:00 AM

First reaction was,... that's such a nice chart,... I may have to become a subscriber to stockcharts. I Never have in all these years of creating charts.

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Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#12 Chilidawgz

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Posted 28 March 2007 - 10:02 AM

Mr Dev, with StockCharts and DecisionPoint, you are in business. There are so many things you can do with them as they work together... BTW, flip that chart I posted to a 15 minute time frame also.
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#13 tommyt

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Posted 28 March 2007 - 10:10 AM

the "ben" thing is due to backfire with everyone knowing it rallies after he speaks...add to that, portfolio managers are getting naked this end of quarter and window "undressing"

#14 Chilidawgz

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Posted 28 March 2007 - 10:10 AM

RodgerDoder showed stats that the end of March is usually not good for the market.


Remember, it's window dressing. I think the thieves pack their tents will steal away in the night on their camels somewhere betweeen Friday and early next week.
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#15 Mr Dev

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Posted 28 March 2007 - 10:28 AM

Mr Dev, with StockCharts and DecisionPoint, you are in business. There are so many things you can do with them as they work together...

BTW, flip that chart I posted to a 15 minute time frame also.



How do I do that?
I don't have an account with them.
I would have to build it off of another chart but I can't do overlays.

Just keep those stops tight today,,...I mean it !

Edited by Mr Dev, 28 March 2007 - 10:30 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#16 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 28 March 2007 - 10:36 AM

It's a good day, I was short RYDEX Inverse and cashed out at the 7:45 timeframe. My long QLD from today's buy is a smaller position @80.95

I do think the next bigger move is down though.


How do I do that?
I don't have an account with them.
I would have to build it off of another chart but I can't do overlays.


I think StockCharts and DP use the same server and so DP's indicators can be used in StockCharts. I am very satisfied with StockCharts aside from occasionally they are offline for short periods of time, but I think all charting services are like that?


PS: I always cut my losses and never look back even if they turn after I sell...that was a difficult lesson to learn. ;)

Edited by Chilidawgz, 28 March 2007 - 10:39 AM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#17 Mr Dev

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Posted 28 March 2007 - 10:40 AM

Well feel free to post one of those nice 15m charts and save me some time. A little off topic here but dang these guys and gals were really prepared for Uncle Ben.. drilling him with some really Good Questions like M3 and liquidity. Even asking for minutes to each and every meeting. Ben did a little back step on that question and played dumb and said he didn't know what the process was for the meeting information was being taken. Ah - ya right.

Edited by Mr Dev, 28 March 2007 - 10:42 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#18 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 28 March 2007 - 10:49 AM

Ben did a little back step on that question and played dumb and said he didn't know what the process was for the meeting

information was being taken.

Ah - ya right.



Ben is like the family lawyer for the Banking system...he is what Robert Duvall was for the Corleone family :lol:
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#19 Mr Dev

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Posted 28 March 2007 - 11:01 AM

Ben is like the family lawyer for the Banking system...he is what Robert Duvall was for the Corleone family :lol:


:D

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#20 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 28 March 2007 - 11:14 AM

Well feel free to post one of those nice 15m charts and save me some time.


Posted Image
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer