5/10 Turn Still Valid
#11
Posted 14 May 2007 - 01:00 PM
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
#12
Posted 14 May 2007 - 02:13 PM
http://bigcharts.marketwatch.com/charts/big.chart?symb=gs&compidx=aaaaa:0&comp=soxx&ma=0&maval=9&uf=0&lf=1&lf2=2&lf3=4&type=4&size=2&state=15&sid=147544&style=320&time=2&freq=7&nosettings=1&rand=4040&mocktick=1.gif
Bull Studs need a shot of viagra...
A mixed metaphor. Bulls are non-castrated male cattle; studs are non-castrated male horses.
#13
Posted 14 May 2007 - 03:14 PM
Volume is light today overall Nasdaq. 2545 target here, 2539 next support. Should we test lower we can spring off one of these two or test the 5/10 low of 2533.... I think if we're truly going lower on this light volume I"d expect a spring off one of the support points, a test of higher pivots 2555 or 2561 before we can conclude anything. We could be forging ground for a higher volume down day tomorrow.
Pretty much as expected today. Volume was light, we did get a spring off the 2539 test, but no follow through to the upside...So for tomorrow for the open 2533 is support and 2551 resistance.
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
#14
Posted 15 May 2007 - 01:49 PM
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