Go figure...
Started by
NAV
, Jul 31 2007 10:06 AM
21 replies to this topic
#1
NAV
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Posted 31 July 2007 - 10:06 AM
30-min trend up. Very good intraday A/D line 74% adv vs 23% decl. Gap filled nicely........Go figure
#2
zedor
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Posted 31 July 2007 - 10:11 AM
Its called a BEAR market.30-min trend up. Very good intraday A/D line 74% adv vs 23% decl. Gap filled nicely........Go figure
#3
OEXCHAOS
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Mark S. Young
Posted 31 July 2007 - 10:14 AM
NAV,
I note that we ran right up into Semi's (and my) resistance zone (Tea had that too, I think), and then pulled back. Then we filled the gap and bounced.
Right now, I've got short-term stuff turning over, but not on a Sell. So, below resistance, but above a sell.
Time to go to lunch!
The volume and ARMS leave me open to shorting if we'll just turn it over a bit more.
Mark
Not by me.
It's a Bull market in an intermediate-term down trend.
Until proven otherwise.
M
I note that we ran right up into Semi's (and my) resistance zone (Tea had that too, I think), and then pulled back. Then we filled the gap and bounced.
Right now, I've got short-term stuff turning over, but not on a Sell. So, below resistance, but above a sell.
Time to go to lunch!
The volume and ARMS leave me open to shorting if we'll just turn it over a bit more.
Mark
Its called a BEAR market.30-min trend up. Very good intraday A/D line 74% adv vs 23% decl. Gap filled nicely........Go figure
Not by me.
It's a Bull market in an intermediate-term down trend.
Until proven otherwise.
M
Mark S Young
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#4
NAV
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Posted 31 July 2007 - 10:15 AM
Its called a BEAR market.30-min trend up. Very good intraday A/D line 74% adv vs 23% decl. Gap filled nicely........Go figure
Zedor,
Watch the ES 1480 pivot. If it's taken out anytime today, a retest of lows is in order. If it holds, we are headed towards ES 1515. Keeping it simple for now.
Edited by NAV, 31 July 2007 - 10:16 AM.
#5
NAV
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Posted 31 July 2007 - 10:45 AM
Looks like a retest is coming. Going short ES 1486.50.
#6
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Mark S. Young
Posted 31 July 2007 - 10:48 AM
I've got too much still pointing up, near term, but it can turn fairly quickly.
Didn't I say something about lunch?
BTW, I'm not trying to distract you, but rather trying to get a real time comparison with what I'm doing vs. what you're doing. I'm hoping that there's some overlap, at least on the good trades.
Mark
Mark
Mark S Young
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#7
NAV
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Posted 31 July 2007 - 11:00 AM
I've got too much still pointing up, near term, but it can turn fairly quickly.
Didn't I say something about lunch?
BTW, I'm not trying to distract you, but rather trying to get a real time comparison with what I'm doing vs. what you're doing. I'm hoping that there's some overlap, at least on the good trades.
Mark
Stops in. Going for a walk now.
#8
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Mark S. Young
Posted 31 July 2007 - 11:04 AM
Kinch used to put on TUMA AMMIA trades and then go mow the law. One summer he had the best looking lawn in the neighborhood!
M
M
Mark S Young
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#9
NAV
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Posted 31 July 2007 - 11:09 AM
Kinch used to put on TUMA AMMIA trades and then go mow the law. One summer he had the best looking lawn in the neighborhood!
M
Gotta stay healthy. Don't like going to where da_cheif is now.
#10
NAV
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Posted 31 July 2007 - 12:16 PM
Taking a 2 point loss and getting out. Just doesn't feel right. 30 min momo is turning up.
