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SOX WATCH


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#1 SemiBizz

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Posted 06 July 2007 - 10:48 AM

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



SOX can easily run all the way to 530 here....
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#2 SemiBizz

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Posted 06 July 2007 - 11:03 AM

Posted Image



Might want to let this thing cool off and show some weakness before diving in short... The SOXX is holding the breakout and tacking more on..
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.

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#3 NAV

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Posted 06 July 2007 - 11:08 AM

Shorting requires volatility - period !. Right now there isn't any. So either wait or play the long side. I am not excited about either bull or bear side at this point. Just scalping away....

"It's not the knowing that is difficult, but the doing"

 

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#4 SemiBizz

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Posted 06 July 2007 - 11:13 AM

Shorting requires volatility - period !. Right now there isn't any. So either wait or play the long side. I am not excited about either bull or bear side at this point. Just scalping away....



Yep, and as long as folks stay unexcited about getting long we're just going to go higher and higher... :)

Too many BOLD shorters out there, the market is going to EAT THEM UP !! This is a full-scale BEAR HUNT !!



Posted Image



this is prolly a couple of da cheif's goons here....
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 eminimee

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Posted 06 July 2007 - 11:40 AM

530 is a possible target....

But I'm not on the "no top" in sight commitee. ;)

13 ES points today.....and a few NQ's...only to stress not having to be swing long or short.....so give me 1600 or 1500 ES....don't care.

Today has been a very easy day for scalps if you can do it.

Nav...I answered your question below....todays scalping has been all done off a 5 min 2500V chart....

http://stockcharts.com/c-sc/sc?s=$SOX&p=D&yr=2&mn=6&dy=0&i=p35648463139&a=80213443&r=1621.png

Edited by Teaparty, 06 July 2007 - 11:41 AM.


#6 NAV

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Posted 06 July 2007 - 11:53 AM

Nav...I answered your question below....todays scalping has been all done off a 5 min 2500V chart....


I did see that. Thanks.

The reason i asked was that 6 points drop on ES after the news spike was just one single 5-min bar. So i thought maybe you were scalping off of the tick charts or 1-min charts.

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#7 johngeorge

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Posted 06 July 2007 - 11:55 AM

Shorting requires volatility - period !. Right now there isn't any. So either wait or play the long side. I am not excited about either bull or bear side at this point. Just scalping away....



Yep, and as long as folks stay unexcited about getting long we're just going to go higher and higher... :)

Too many BOLD shorters out there, the market is going to EAT THEM UP !! This is a full-scale BEAR HUNT !!



Posted Image



this is prolly a couple of da cheif's goons here....

Semi
You are waaaaaaaay too funny. :lol: :lol: :lol: My belly is hurting. :D
Best to you.
Peace
johngeorge

#8 eminimee

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Posted 06 July 2007 - 12:03 PM

Nav..sorry.....I don't know why I said it was a 5 min 2500V...just a 2500V chart (brain fart)...so every bar is 2500 lots traded....so from the 8.28am high at 1539.50 to the 1532.50 low at 8:34 for example....I had 11 bars.

#9 NAV

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Posted 06 July 2007 - 12:11 PM

Nav..sorry.....I don't know why I said it was a 5 min 2500V...just a 2500V chart (brain fart)...so every bar is 2500 lots traded....so from the 8.28am high at 1539.50 to the 1532.50 low at 8:34 for example....I had 11 bars.


Now i understand.

"It's not the knowing that is difficult, but the doing"

 

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