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I don't trust this upmove


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#11 eminimee

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Posted 13 April 2007 - 09:55 AM

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#12 .Blizzard

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Posted 13 April 2007 - 10:04 AM

Today is FRIDAY THE 13th.


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a bear or a bull.... under the pillow?
 
 
 


#13 GOOSE2

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Posted 13 April 2007 - 10:04 AM

I'm long from 1454.25 I try not to "think". Try not to have a take on what she might or might not do. I simply trade what she is doing. Stop 1452.......target 1459.50

#14 gorydog

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Posted 13 April 2007 - 10:08 AM

$ndx:$vix is constructive to a move higher VST. GD

#15 tozwp

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Posted 13 April 2007 - 10:11 AM

What we are seeing is not a breakout structure, both in terms of price pattern and internals. Clue - Look at the series of lower lows on the NYSE MCO.

In the VST, it's still not out of question to tag ES 1462, but not necessary.


MCO or summation? I see higher lows on the MCO but a downtrend on the summatiion. Assuming you are refering to the daily?

#16 NAV

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Posted 13 April 2007 - 10:25 AM

What we are seeing is not a breakout structure, both in terms of price pattern and internals. Clue - Look at the series of lower lows on the NYSE MCO.

In the VST, it's still not out of question to tag ES 1462, but not necessary.


MCO or summation? I see higher lows on the MCO but a downtrend on the summatiion. Assuming you are refering to the daily?


Sorry, i mean't series of lower highs on the NYSE MCO i.e waning breadth momentum.

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#17 arbman

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Posted 13 April 2007 - 10:30 AM

I will get out of the market when my silly b/o indicator says the steady trenders are not snapping back, so far they have snapped back after every pullback, when the leadership deteriorates, the market will not wait too long...

#18 GOOSE2

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Posted 13 April 2007 - 12:45 PM

sold 1459 for a nice round 7 pts see y'all later

Edited by GOOSE2, 13 April 2007 - 12:45 PM.