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Morning fakeout over !


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#1 NAV

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Posted 19 April 2007 - 09:33 AM

Should be a fast selloff from this point. Watch the intraday A/D line - it's ugly !

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#2 89S10

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Posted 19 April 2007 - 09:35 AM

Is there a good free source to see the A/D line?

#3 NAV

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Posted 19 April 2007 - 09:36 AM

Is there a good free source to see the A/D line?


http://finance.yahoo.../marketupdate?u

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#4 OEXCHAOS

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Posted 19 April 2007 - 10:03 AM

ARMS is low. There's SOME accumulation going on... Mark

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#5 arbman

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Posted 19 April 2007 - 10:03 AM

I don't see so much damage honestly this morning...

http://ichart.financ...,^IXB,^IXU&.png

The downside leaders are energy, utilities and consumer discretionary...

The healthcare is leading, not so hot, but the tech, industrials are not that much damaged. The breath is negative, so probably more downside, but I am not sure of a downtrend yet.

Many mid to small cap issues should continue to underperform any rally though...

http://ichart.financ...,^MID,^SML&.png

These are the most bearish charts I can find, depictive about the deterioration in the breath;

http://ichart.financ...,m200&a=vm&.png http://ichart.financ...,m200&a=vm&.png


- kisa

Edited by kisacik, 19 April 2007 - 10:09 AM.


#6 OEXCHAOS

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Posted 19 April 2007 - 10:18 AM

This is a great data source.

http://www.marketvol...c...d2=2&ind3=3

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#7 jjc

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Posted 19 April 2007 - 10:30 AM

Money flows for an idea on what is being bought on weakness:

http://online.wsj.co...d=topnav_2_3024

#8 Mr Dev

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Posted 19 April 2007 - 10:41 AM

Money flows for an idea on what is being bought on weakness:
http://online.wsj.co...d=topnav_2_3024

thanks jjc

I bookmarked that one.

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#9 NAV

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Posted 19 April 2007 - 11:50 AM

Covered the rest 50% NQ at breakeven. That's why it's important to take partial profits and not get married to posiitons. Tommorow is another day !

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#10 SemiBizz

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Posted 19 April 2007 - 12:06 PM

Yep, morning fakeout is over. What is it 3 or 4 days in a row now they take it down and then run it?
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