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Nasdaq - Plenty of room for a bounce


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#1 SemiBizz

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Posted 01 August 2007 - 05:04 PM

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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

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#2 SemiBizz

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Posted 01 August 2007 - 07:22 PM

Today's Candle.... ANOTHER NEW LOW ON BLISTERING VOLUME



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

#3 SemiBizz

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Posted 01 August 2007 - 08:26 PM

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Since everyone is so bulled up after the last minute miracle today on the usual PPT Short covering rally when AMEX pulled the plug, it's time to take a stand...

OK, I will stick my neck out... I say we're going to see 2492 (the crash gap from 2/27) before we see 2592 (breakout of the Doomsday Channel)...

Edited by SemiBizz, 01 August 2007 - 08:27 PM.

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

#4 skyymaster

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Posted 02 August 2007 - 08:55 AM

I will be your buddy in sticking my neck out with you and say we see the GAP on SPY fill before we see new highs on SPY, at 142.46-.91.
People should not be afraid of their governments. Governments should be afraid of their people.

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#5 SemiBizz

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Posted 02 August 2007 - 08:58 AM

SOXX - the rally leader is a little airsick this morning... we'll just see who leads who now... won't we?
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

#6 skyymaster

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Posted 02 August 2007 - 09:15 AM

SOXX - the rally leader is a little airsick this morning... we'll just see who leads who now... won't we?



Yeah and it won't be a gentle ride. CAT (Clear Air Turbulence) most difficult of turbulence to avoid and eddies are everywhere you look. :P
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.

#7 SemiBizz

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Posted 02 August 2007 - 09:22 AM

What happened to em? All those bulls? We're going up on 12% LESS Volume than yesterday...


Dooomsday Channel LOOOMS LARGE .... MUAHAHAHAHAHA....



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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

#8 SemiBizz

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Posted 02 August 2007 - 09:55 AM

That BZH bankruptcy rumor is probably true... this reminds me of the Enron denial... you may remember that piece of crap was bought all the way down into the pennies... The brokers finally downgraded it at a buck...

SOX makes a new low on the day...

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Edited by SemiBizz, 02 August 2007 - 10:04 AM.

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

#9 SemiBizz

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Posted 02 August 2007 - 10:11 AM

Rut Roh.. .Approaching Intraday Doomsday Channel... Below 2551 it is LIGHTS OUT....
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

#10 SemiBizz

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Posted 02 August 2007 - 10:21 AM

See, I don't have any problem with a countertrend rally, it's expected... what I have a problem with is the leadership... here's another example(OIH Chart) of what took us to new highs going right down the crapper... So what are they buying ... bankers? Hmmm credit crunch not over... good time to load up on risk... NOTT!!



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

Edited by SemiBizz, 02 August 2007 - 10:22 AM.

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