Edited by Mr Dev, 09 May 2007 - 11:59 AM.
Carful of the DOW here Folks
Started by
Mr Dev
, May 09 2007 11:54 AM
7 replies to this topic
#1
Mr Dev
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Posted 09 May 2007 - 11:54 AM
Daily signal is on a sell and rolling over in pattern,.. basically the same pattern that inspired this mornings move down in the NDX ...just not as complete yet
.. .. ..
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
eminimee
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I don't care who's fur is flying...
Posted 09 May 2007 - 11:56 AM
agreed....I'd mention a small fifth but you don't do counts or windows... 
http://stockcharts.com/c-sc/sc?s=$INDU&p=60&yr=0&mn=3&dy=13&i=p37356298112&a=80000313&r=2428.png
http://stockcharts.com/c-sc/sc?s=$INDU&p=60&yr=0&mn=3&dy=13&i=p37356298112&a=80000313&r=2428.png
#3
Mr Dev
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Posted 09 May 2007 - 11:58 AM
Just cuz I don't do them, doesn't mean I don't watch when you do them
.. .. ..
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
jjc
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Posted 09 May 2007 - 12:23 PM
Thx. FWIW; I took my ES contracts off the table 1515 when the QID 5min reached oversold. Next trade for me is short this afternoon towards the close.Daily signal is on a sell and rolling over in pattern,.. basically the same pattern that inspired this mornings move down in the NDX ...just not as complete yet
#5
SemiBizz
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Volume Dynamics Specialist
Posted 09 May 2007 - 12:43 PM
As long as 13231 holds the DJIA is good to go... HIGHER.
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
#6
thespookyone
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Posted 09 May 2007 - 12:51 PM
Daily signal is on a sell and rolling over in pattern,.. basically the same pattern that inspired this mornings move down in the NDX ...just not as complete yet
The PC ratio is saying DUMP, IMHO. Good call Mr. Dev.
#7
Mr Dev
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Posted 10 May 2007 - 11:51 AM
DOW down - 125. this morning ..... looks like some of us Nailed that one to the wall !!
.. .. ..
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
Mr Dev
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Posted 10 May 2007 - 12:06 PM
Well Done Boys !! 
Edited by Mr Dev, 10 May 2007 - 12:07 PM.
.. .. ..
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!
