15 replies to this topic

[Trend-Signals]

So much cash laying around, just piling in.

ice-cream melt under blazing sun will be coming... bad breadth is showing it.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=p98492454599&a=76929034&r=133.png

Edited by Trend-Signals, 18 July 2007 - 12:54 PM.

[ogm]

That reminds me. Gotta short some IBM, EBAY and JNPR for a quick trade into the reports. All 3 stocks ran up handily. Expectations are HUGE. There is nothing they can say that will surprize anyone. Shorting stuff into earnings has been easy money this season.

[Trend-Signals]

Checking money flow and breadth, big smart money cashed out and went to vacation.

Market is just playing squeezing game until it squeezed out all.

Then, ice-cream melt under blazing sun - or you might say, done with "house of card" game - discount phase.

[rkd80]

As of recent times, the market tends to follow through its opening. If it gaps up and moves up for a good portion of the day, it typically closes HOD. Same with gap downs. If this pattern continues we should close to near LOD with futures, ETFs selling off a bit after market. This does NOT imply that we will continue to move down tomorrow, but my guess based on recent action over the past month is that we have not seen the lows today.

[Russ]

'Trend-Signals'
Checking money flow and breadth, big smart money cashed out and went to vacation.

If that is right then why are the commerical net long and the nyse at record short levels?

[Trend-Signals]

'Trend-Signals'
Checking money flow and breadth, big smart money cashed out and went to vacation.

If that is right then why are the commerical net long and the nyse at record short levels?

Commerical net long? What are you referring to? COT?

[Russ]

'Trend-Signals'
Checking money flow and breadth, big smart money cashed out and went to vacation.

If that is right then why are the commerical net long and the nyse at record short levels?

Commerical net long? What are you referring to? COT?

yes

[Trend-Signals]

'Trend-Signals'
Checking money flow and breadth, big smart money cashed out and went to vacation.

If that is right then why are the commerical net long and the nyse at record short levels?

Commerical net long? What are you referring to? COT?

yes

Remember, Commercial position on COT is HEDGE.

[Russ]

'Trend-Signals'
Checking money flow and breadth, big smart money cashed out and went to vacation.

If that is right then why are the commerical net long and the nyse at record short levels?

Commerical net long? What are you referring to? COT?

yes

Remember, Commercial position on COT is HEDGE.


According to Don Wolanchuk..aka da cheif...the big contract is the main position and the mini is sometimes the hedge. right now they are long the big and the mini too last i saw.

[Jnavin]

Trend Signals, thanks for your analysis.