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Nice rally! The cost? One Hindenburg.


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#1 spielchekr

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Posted 13 June 2007 - 07:01 PM

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#2 JAP

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Posted 13 June 2007 - 07:17 PM

Excellent Hindenburg site

#3 spielchekr

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Posted 13 June 2007 - 07:22 PM

And the $SPX 20ma rolled positive for the special occasion.

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Excellent Hindenburg site



Modern day equivalent was the Challenger disaster. I saw that first hand. I was 50 miles away in Orlando, and it was still a huge blight in the sky, even from that distance.

#4 mss

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Posted 13 June 2007 - 07:24 PM

:)
````````````````````````````````````````AND A DIAMOND [attachment=5663:attachment]

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:cat:
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#5 spielchekr

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Posted 13 June 2007 - 07:25 PM

Still hasn't hit any blogs yet. http://www.blogpulse...uery=hindenburg

#6 spielchekr

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Posted 13 June 2007 - 07:59 PM

This was lame today (Mr. Tea inspired this chart). Looks like one foot's out the door.

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#7 skott

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Posted 13 June 2007 - 09:42 PM

I thought we would get one today. I give myself 10pts for that and 10 for not being short today. subtract 5 for just missing getting long at the perfect time today

#8 rkd80

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Posted 13 June 2007 - 11:31 PM

Wow that is one fancy chart, certainly contributes to the 'TA is art' cliche that gets thrown out once in a while. Not saying that there is no validity, but cant imagine trading off that.
“be right and sit tight”

#9 Tor

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Posted 14 June 2007 - 05:12 AM

I covered this subject in my post last weekend.

http://www.traders-t...p;hl=hindenberg
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The future is 90% present and 10% vision.

#10 Mr Dev

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Posted 14 June 2007 - 10:56 AM

:)
````````````````````````````````````````AND A DIAMOND [attachment=5663:attachment]

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:cat:



I wanted to mention this yesterday... but was a bit busy..

We know these can be good trading patterns,

but we also know they don't decline from here .. the lower trend line on your chart.


THey decline from the upper trend lines on the charts.


So,.. I think you are correct but with an early pattern recog.


Now any chart updates should prove it and is appreciated by all I'm sure ;)

.. .. ..
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!