NDX THOUGHTS
#1
Posted 22 May 2007 - 09:20 AM
.. .. ..
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
Posted 22 May 2007 - 09:25 AM
Just waiting to see if the TA starts,.. and a move to kick in for the NDX and DOW.
Also expecting the RUT to join,.. but,.. still see
more potential in the NDX for optimum gains on this side of the trade.
Good luck traders
For the SPX, looking to see if a sustained intraday move can occur below its pivot of 1519.41 or not. ST, that could be a litmus test.
#3
Posted 22 May 2007 - 09:35 AM
It looks the selling pressure is not abating.Just waiting to see if the TA starts,.. and a move to kick in for the NDX and DOW.
Also expecting the RUT to join,.. but,.. still see
more potential in the NDX for optimum gains on this side of the trade.
Good luck traders
#4
Posted 22 May 2007 - 09:39 AM
#5
Posted 22 May 2007 - 09:56 AM
Technical Analysis. Here Mr Dev refers to a specific TA formation on NDX, see his earlier posts today.Anyone, what does "TA" mean, as in "waiting for the TA to start?"
#6
Posted 22 May 2007 - 10:03 AM
Edited by Rogerdodger, 22 May 2007 - 10:05 AM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#7
Posted 22 May 2007 - 10:06 AM
Maybe TAs, "To Advance South"I thought TA meant: "The Advance"
As in, "waiting for The Advance to start."
#8
Posted 22 May 2007 - 10:17 AM
#10
Posted 22 May 2007 - 10:21 AM
I thought it was 'turnaround."
We need a glossary.
Intraday graph of Price looks bearish. Internals are 5 to 4 in volume and A2D in favor of the bulls. We need to close with A to D less than 1.0 for me to feel comfortable with a bearish stance. Internals have been improving over the last three sessions.
Barry