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Daily momentum sell at the close
Started by
NAV
, May 10 2007 10:22 PM
5 replies to this topic
#1
Posted 10 May 2007 - 10:22 PM
#2
Posted 10 May 2007 - 10:26 PM
nice looking blog.
OTIS.
#3
Posted 10 May 2007 - 10:39 PM
nice looking blog.
Thanks. I have been maintaining this blog since 2005, although i don't update it as frequently as i would like.
#4
Posted 10 May 2007 - 11:56 PM
NAV, I am also planning to sell a bounce, but the close really looks like an early capitulation with the much higher volume, quite extreme A/D and tick (intraday), diverging implied volatilities and futures premiums into the close, moderately bearish speculation in options, yet it is still a higher low. This might be an early a-b-c pattern of a wave-a...
#5
Posted 11 May 2007 - 02:25 AM
[quote name='kisacik' date='May 11 2007, 12:56 AM' post='287675']
NAV, I am also planning to sell a bounce, but the close really looks like an early capitulation with the much higher volume, quite extreme A/D and tick (intraday), diverging implied volatilities and futures premiums into the close, moderately bearish speculation in options, yet it is still a higher low. This might be an early a-b-c pattern of a wave-a...
[/quote
Kisa,
Sounds reasonable. A countertrend bounce should be expected anytime here.
NAV, I am also planning to sell a bounce, but the close really looks like an early capitulation with the much higher volume, quite extreme A/D and tick (intraday), diverging implied volatilities and futures premiums into the close, moderately bearish speculation in options, yet it is still a higher low. This might be an early a-b-c pattern of a wave-a...
[/quote
Kisa,
Sounds reasonable. A countertrend bounce should be expected anytime here.
#6
Posted 11 May 2007 - 08:00 AM
Bounce in bonds and euro look like they are forming, to support a countertrend bounce.
klh
best,
klh
klh