If you see the tape drop off the cliff, BUY IT.
I'm serious. All sharp drop offs will be punished as bulls go on a buying rampage.
All you need to know, however, is lower lows, lower highs.
At some point, buying the drops won't work. But you'll see it clearly on the tape by then.
Once again, any knife drop needs to be bought
Started by
dcengr
, Mar 30 2007 11:22 AM
3 replies to this topic
#1
dcengr
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- Traders-Talk User
- 13,391 posts
Member
Posted 30 March 2007 - 11:22 AM
Qui custodiet ipsos custodes?
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 30 March 2007 - 11:42 AM
I'm officially making you and Denleo the Evil Kinevils of the trading world. lol
http://stockcharts.com/c-sc/sc?s=$NDX&p=15&yr=0&mn=11&dy=21&i=p60950679237&a=89413079&r=9199.png
http://stockcharts.com/c-sc/sc?s=$NDX&p=15&yr=0&mn=11&dy=21&i=p60950679237&a=89413079&r=9199.png
#3
denleo
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- Chartist
- 3,097 posts
Member
Posted 30 March 2007 - 12:21 PM
Just like yesterday: A close below 1410 on SPX will be bearish. The rest is a bullish noise.
Denleo
#4
Mr Dev
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- Traders-Talk User
- 11,528 posts
Member
Posted 30 March 2007 - 12:47 PM
Folks just remember all falling knife patterns are created by dip buyers..
I may even buy a dip myself but I'll be FAST to Flipp it short on ya,,,
I'm serious too
.. .. ..
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!
