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I am trying to ignore


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#1 denleo

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Posted 18 April 2007 - 01:47 PM

Short-term I am trying to ignore: 1. Negative breadth 2 days in a row 2. EEM declining two days in a row 3. Equity P/C ratio = 0.5 4. OEX P/C ratio = 1.9 5. Overbought conditions. Please somebody hold my hand, because it wants to push a sell button. Denleo

#2 NAV

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Posted 18 April 2007 - 01:49 PM

Short-term I am trying to ignore:

1. Negative breadth 2 days in a row
2. EEM declining two days in a row
3. Equity P/C ratio = 0.5
4. OEX P/C ratio = 1.9
5. Overbought conditions.

Please somebody hold my hand, because it wants to push a sell button.

Denleo


I already did. Entry posted in my thread below.

Edited by NAV, 18 April 2007 - 01:51 PM.

"It's not the knowing that is difficult, but the doing"

 

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#3 BigBadBear

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Posted 18 April 2007 - 01:50 PM

Dont worry you will get a chance tonight in the futures. Guaranteed -5 SPX points down

#4 denleo

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Posted 18 April 2007 - 01:51 PM

Did you get your sell signal on S&P? Denleo

#5 NAV

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Posted 18 April 2007 - 01:55 PM

Did you get your sell signal on S&P?

Denleo


Not yet on the ES. But i have one on NQ. ES still looking strong.

"It's not the knowing that is difficult, but the doing"

 

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#6 SemiBizz

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Posted 18 April 2007 - 01:59 PM

Short-term I am trying to ignore:

1. Negative breadth 2 days in a row
2. EEM declining two days in a row
3. Equity P/C ratio = 0.5
4. OEX P/C ratio = 1.9
5. Overbought conditions.

Please somebody hold my hand, because it wants to push a sell button.

Denleo



What exactly is it you don't like about the volume? :)

BTW, the market has been rewarding shorting the close and buying on the morning dip... that's what I did today :)
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Volume is the only vote that matters... the ultimate sentiment poll.

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#7 atlasshrugged

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Posted 18 April 2007 - 02:03 PM

Short-term I am trying to ignore:

1. Negative breadth 2 days in a row
2. EEM declining two days in a row
3. Equity P/C ratio = 0.5
4. OEX P/C ratio = 1.9
5. Overbought conditions.

Please somebody hold my hand, because it wants to push a sell button.

Denleo



What exactly is it you don't like about the volume? :)

BTW, the market has been rewarding shorting the close and buying on the morning dip... that's what I did today :)


Denleo,

I was buying with you weeks ago at the bottom, but I am now short term bearish!