Edited by Mr Dev, 24 April 2007 - 04:06 PM.
CPC
Started by
Mr Dev
, Apr 24 2007 04:05 PM
4 replies to this topic
#1
Mr Dev
-
- Traders-Talk User
- 11,528 posts
Member
Posted 24 April 2007 - 04:05 PM
I'm pretty surprised at how this thing hit some extreme levels in March,
and how easily it is to get to go right back up into the range which marks market lows.
It acts like we have a big sell off today plz?
I can't believe there is that much money circulating in the Bear camp to drive this.
.. .. ..
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!
#2
golden
-
- Traders-Talk User
- 199 posts
Member
Posted 24 April 2007 - 06:07 PM
I'm pretty surprised at how this thing hit some extreme levels in March,
It acts like we have a big sell off today plz?
It is acting just like it did prior to the plunge of 2/27.
http://stockcharts.com/h-sc/ui?s=$CPC...id=p64292088458
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#3
Mr Dev
-
- Traders-Talk User
- 11,528 posts
Member
Posted 25 April 2007 - 12:09 AM
I'm pretty surprised at how this thing hit some extreme levels in March,
It acts like we have a big sell off today plz?
It is acting just like it did prior to the plunge of 2/27.
http://stockcharts.com/h-sc/ui?s=$CPC...id=p64292088458
WHy because it is going up? That sure seems to be a limited view.
Note this is not the same for one the MAs not the same even on your chart they are reversed.
I have much more detail if needed.
.. .. ..
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!
#4
Mr Dev
-
- Traders-Talk User
- 11,528 posts
Member
Posted 25 April 2007 - 12:24 AM
Don't get me wrong..............I hope you're right....but this chart isn't supporting the arguement.
.. .. ..
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!
#5
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 25 April 2007 - 07:57 AM
last night ISEE hit 154, this is not too high historically,
but the selloff in Feb started 2 days after the ISEE peaked at 156 on
feb 16, so it is just a sign to be cautious. The ISEE hit 58 on March
8 before turning up.
all time high in ISEE was something like 298, IIRC. 52 week high 218 on 5.3.06.
klh
best,
klh
klh
