We had 3 days of progressively lower lows on higher volume.... And on higher volume unable to break previous highs...
http://bigcharts.mar...&mocktick=1.gif
Shorting The Gap
Started by
SemiBizz
, Apr 20 2007 08:25 AM
21 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 20 April 2007 - 08:25 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
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
#2
BigBadBear
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Posted 20 April 2007 - 08:40 AM
Short at your own risk. We should be up 200pts today
#3
SemiBizz
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Posted 20 April 2007 - 08:44 AM
I don't think there's a snowball's chance in hell Nasdaq goes up 200 pts today...
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
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
#4
SemiBizz
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Posted 20 April 2007 - 08:56 AM
SOX Fails to make D point at 496 and breaks below B point of 487 
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
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
#5
hiker
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independent trader
Posted 20 April 2007 - 08:56 AM
good call, SB.
I am not short, but sold most of my remaining longs.
Will be glad to reenter at higher price levels, if seen in the future...sell high, buy higher strategy.
Edited by hiker, 20 April 2007 - 08:56 AM.
#6
BigBadBear
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Posted 20 April 2007 - 09:00 AM
I meant the DOW and I think u know what i meant -
As for the NAz going up..its anybodies guess but the DOW will be up 200 so the Naz should be up about 40
I refer you to http://finance.yahoo.com/advances
As for the NAz going up..its anybodies guess but the DOW will be up 200 so the Naz should be up about 40I refer you to http://finance.yahoo.com/advances
#7
Mr Dev
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Posted 20 April 2007 - 09:14 AM
We had 3 days of progressively lower lows on higher volume.... And on higher volume unable to break previous highs...
Bearry interesting !
.. .. ..
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!
#8
SemiBizz
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Posted 20 April 2007 - 09:19 AM
I meant the DOW and I think u know what i meant -
I refer you to http://finance.yahoo.com/advances
If you want to talk about DJIA, why not start a thread. I'm a Nasdaq short-seller here do not have the slightest interest in what's going on with the Dow...
...
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
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
#9
bullishnot
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Posted 20 April 2007 - 09:48 AM
I meant the DOW and I think u know what i meant -
I refer you to http://finance.yahoo.com/advances
If you want to talk about DJIA, why not start a thread. I'm a Nasdaq short-seller here do not have the slightest interest in what's going on with the Dow...
...
all in short here, nas retrace to 2250
#10
SemiBizz
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Posted 20 April 2007 - 10:49 AM
As long as SOX stays under 487 we are good to go. QID did test the 49.50 I expected and I entered today at 49.54.
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
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
