Jump to content



Photo

If we had not gotten "Shanghaied" This morning


  • Please log in to reply
11 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 10:26 AM

and I still think we're going down after the fed notes... 1529.87 here we come.
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

#2 Mtrader

Mtrader

    Member

  • Traders-Talk User
  • 1,221 posts

Posted 30 May 2007 - 10:28 AM

Would not be surprised. FED come to rescue the old friend GS. Best friend you can have when you are leveraging.
You are on your own. This is for demonstration only.
JV

#3 BigBadBear

BigBadBear

    Member

  • Traders-Talk User
  • 1,007 posts

Posted 30 May 2007 - 10:40 AM

yep looks like down after Fed notes

#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 11:28 AM

and I still think we're going down after the fed notes...

1529.87 here we come.



We're going to cough and sputter at 1525 for a minute and then BLAST OFF.



We're not going far for long, not with these two lead anchors strapped to Madame Mkt.'s @$$.



http://bigcharts.mar...&mocktick=1.gif

Edited by SemiBizz, 30 May 2007 - 11:31 AM.

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

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 01:48 PM

Cough, Cough, Sputter, Sputter... Hoch toooieee

Posted Image



We're going to cough and sputter at 1525 for a minute and then BLAST OFF.


We jumped the creek and now the creek is ice, we are pulling back to ice then we see...

Edited by SemiBizz, 30 May 2007 - 01:42 PM.

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

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 02:06 PM

So there you have it. 1524 is now support and if we break it and close under it 1511 will be the downside support/target.
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

#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 02:28 PM

So, we are 2 pts short of the high we need to test for a bearish upthrust at 1529.87 SPX and 1 pt short of the Nasdaq Bearish upthrust at 2585.43, I am waiting.
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

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 May 2007 - 02:51 PM

and I still think we're going down after the fed notes...
1529.87 here we come.


Missed by 2 cts... So much for the predictive powers using the SPX Futures Mark. Using the SPX Cash I clearly predicted we'd be up here on yesterday's thread...


Edit: and they take it over the target on the final tick of the day.. how about dat?

Edited by SemiBizz, 30 May 2007 - 03:00 PM.

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

#9 JAP

JAP

    Member

  • Traders-Talk User
  • 575 posts

Posted 30 May 2007 - 04:51 PM

and I still think we're going down after the fed notes...
1529.87 here we come.


Missed by 2 cts... So much for the predictive powers using the SPX Futures Mark. Using the SPX Cash I clearly predicted we'd be up here on yesterday's thread...


Edit: and they take it over the target on the final tick of the day.. how about dat?



I gotta give credit where it is due... good call!

#10 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 30 May 2007 - 06:36 PM

yep looks like down after Fed notes



When is the next meeting?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/