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Forget Crash, Where's the retracement?
#21
Posted 05 July 2007 - 12:39 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
#22
Posted 05 July 2007 - 12:52 PM
have a question for you semibizz regarding the key levels
2.645 we know is a fib level - but why 2.660 (think you mentioned this)
is it because the candlestick from 2000 has this as its high
and second how far do you think this beast go? with 2.645 behind us, next fib level is around 3.000
I just have a problem with the latest gap in Nasdaq Composite followed by a close inside the Bollinger band
maybe we will continue along the upper band until we get a big black one down - a sort of bearish evening star
cheers - always enjoy your posts
Pretty pathetic retracement... not even .25. If we get a new high from here... we could be on our way to that "Shock and Awe" Rally I am expecting....
#23
Posted 05 July 2007 - 12:58 PM
Edited by ogm, 05 July 2007 - 12:59 PM.
#24
Posted 05 July 2007 - 01:06 PM
http://bigcharts.mar...&mocktick=1.gif
2661.97 - the high volume high of 1/11/01....
Edited by SemiBizz, 05 July 2007 - 01:11 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
#25
Posted 05 July 2007 - 01:20 PM
so is that your final target before we get a retracement? or you see other key levels after that
http://www.traders-t...?...st&p=297298
http://bigcharts.mar...&mocktick=1.gif
2661.97 - the high volume high of 1/11/01....
#26
Posted 05 July 2007 - 01:20 PM
#27
Posted 05 July 2007 - 01:35 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
#28
Posted 05 July 2007 - 01:42 PM
how have you come to the conclusion that we have just one week to go - any specific indicator or "rule"?
do you have other methods for the time aspect of the market
Thanks
Final Target? This is more about time now than price... we're a week away, who knows how far it goes...
2892 is the high volume monthly high... there's plenty of room to run here...
#29
Posted 05 July 2007 - 01:45 PM
![:lol:](https://www.traders-talk.com/mb2//public/style_emoticons/default/laugh.png)
![:cry:](https://www.traders-talk.com/mb2//public/style_emoticons/default/cry.gif)
#30
Posted 05 July 2007 - 01:47 PM
![Posted Image](http://www.janetkruskamp.com/Images/BentleyBearsBaitShop.jpg)
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