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Once again there is no risk


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#1 denleo

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Posted 19 April 2007 - 10:39 AM

I don't see any risk out there any more. We had a couple of caution signs, which resulted in this morning's correction. This is over. I am adding to longs here at 1478. I don't think anything can stop it. Denleo

#2 jjc

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Posted 19 April 2007 - 11:05 AM

I don't see any risk out there any more. We had a couple of caution signs, which resulted in this morning's correction. This is over. I am adding to longs here at 1478. I don't think anything can stop it.

Denleo

I agree not much risk here long.


I don't see any risk out there any more. We had a couple of caution signs, which resulted in this morning's correction. This is over. I am adding to longs here at 1478. I don't think anything can stop it.

Denleo

I agree not much risk here long.


You do have to worry about time frames...

#3 eminimee

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Posted 19 April 2007 - 11:11 AM

right...time frame is everything.....short term...if 82 is taken out north...then new highs coming....if we stall here in the 79 area or at 82...we could be looking at an ED C wave that would have us testing the globex lows ....before up. I'm still scalping but will look to put on a serious swing position depending what things look like near spx 1484 ish

#4 SemiBizz

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Posted 19 April 2007 - 11:11 AM

There's no risk until the first gap up day. This has been a no-brainer. Lower prices creates volume in the market. They simply push them down in the morning, create volume and run them up on vapor. Shorting the close has been rewarded along with buying these morning dips. The first gap up day, the volume will stall and then down we go... Targets: Nasdaq 2533 SOX 496 INTC 22.50
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Volume is the only vote that matters... the ultimate sentiment poll.

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#5 jjc

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Posted 19 April 2007 - 11:20 AM

There's no risk until the first gap up day. This has been a no-brainer. Lower prices creates volume in the market. They simply push them down in the morning, create volume and run them up on vapor. Shorting the close has been rewarded along with buying these morning dips. The first gap up day, the volume will stall and then down we go...



Targets:

Nasdaq 2533

SOX 496

INTC 22.50


What's going on there is best thought of in terms of currencies IMHE(stimation).
US assets and the "others" that hold them.

#6 eminimee

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Posted 19 April 2007 - 11:27 AM

I was thinking something like this short term....if 82 is taken out north forget it.
http://www.tradingth...ad/eurod146.png

#7 SemiBizz

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Posted 19 April 2007 - 11:29 AM

There's no risk until the first gap up day. This has been a no-brainer. Lower prices creates volume in the market. They simply push them down in the morning, create volume and run them up on vapor. Shorting the close has been rewarded along with buying these morning dips. The first gap up day, the volume will stall and then down we go...
Targets:
Nasdaq 2533
SOX 496
INTC 22.50


What's going on there is best thought of in terms of currencies IMHE(stimation).
US assets and the "others" that hold them.



Fun de mentals.... this doesn't take thinking, it just takes computation. On track to surpass yesterday's volume now on Nasdaq.... Pretty easy for them, they created a lot of sellers overnite, scooped their shares and are RUNNING it UP. All they have to do here is create a new weekly high now and we're off to the races...

Edited by SemiBizz, 19 April 2007 - 11:34 AM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 jjc

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Posted 19 April 2007 - 11:31 AM

I was thinking something like this short term....if 82 is taken out north forget it.
http://www.tradingth...ad/eurod146.png


The surge at 12:15 indicates to me we will take 82 out this afternoon.

#9 GOOSE2

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Posted 19 April 2007 - 11:59 AM

looks like a bear flag to me 6 higher lows......6 higher highs I'm not shorting her. But this action isn't my style. 1475 is my "line in the sand". Maybe I'll get a chance to buy later this afternoon.

#10 SandStorm

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Posted 19 April 2007 - 12:24 PM

There's no risk until the first gap up day. This has been a no-brainer. Lower prices creates volume in the market. They simply push them down in the morning, create volume and run them up on vapor. Shorting the close has been rewarded along with buying these morning dips. The first gap up day, the volume will stall and then down we go...
Targets:
Nasdaq 2533
SOX 496
INTC 22.50


What's going on there is best thought of in terms of currencies IMHE(stimation).
US assets and the "others" that hold them.



Fun de mentals.... this doesn't take thinking, it just takes computation. On track to surpass yesterday's volume now on Nasdaq.... Pretty easy for them, they created a lot of sellers overnite, scooped their shares and are RUNNING it UP. All they have to do here is create a new weekly high now and we're off to the races...


Often I wonder if "them" aren't simply heavy weights such as Cohen, Simons, or Shaw. Their so-called top secret strategies are simply based on figuring out where the smaller players' positions are and then squeeze hard from both sides until capitulation. :angry: