20 replies to this topic

[SemiBizz]

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

Intraday - in the bull market stocks made plateaus at the highs.. you had all day to get out. Now we're in a bear market and we get "Inverted V" tops... you had 2 min. to get the top tick on Friday... and guess who got those? The floor brokers and pit traders...


VOLUME -
Going DOWN on ballistic volume and up on lighter...
http://bigcharts.mar...&mocktick=1.gif

5 years of being trained to buy the dip can leave you a little callous to what's really going on. This is final liquidation folks. You just watch next week and see how much time there is to get out when a stock makes it's fibonacci target... you better be out in a NY minute, before the NYers on the floor beat you to it !!


I really have a hard time understanding all the bullishness...The fed hasn't saved anything. And this is one time you BETTER have a command of fundamentals... and that starts with reading the fine print on how your cash is handled at your broker !!

Edited by SemiBizz, 18 August 2007 - 06:02 PM.

[ogm]

Look at the First 3 days of this week. where do you see ballistic volume ? I see very volume last week with a lot of white candles. And I see Heav y volume on Thursday. And 3 big decline days in between are on comparatevely lower volume.

[Trend-Signals]

Look at the First 3 days of this week. where do you see ballistic volume ?

I see very volume last week with a lot of white candles. And I see Heav y volume on Thursday. And 3 big decline days in between are on comparatevely lower volume.

OMG, you are too funny!



volume...


http://investorshub....age_id=22179997

Edited by Trend-Signals, 18 August 2007 - 06:53 PM.

[mike123]

http://bigcharts.marketwatch.com/charts/big.chart?symb=nasdaq&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=65536&lf2=0&lf3=0&type=4&size=2&state=9&sid=3291&style=320&time=18&freq=7&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=6759&mocktick=1.gif

Intraday - in the bull market stocks made plateaus at the highs.. you had all day to get out. Now we're in a bear market and we get "Inverted V" tops... you had 2 min. to get the top tick on Friday... and guess who got those? The floor brokers and pit traders...


VOLUME -
Going DOWN on ballistic volume and up on lighter...
http://bigcharts.mar...&mocktick=1.gif

5 years of being trained to buy the dip can leave you a little callous to what's really going on. This is final liquidation folks. You just watch next week and see how much time there is to get out when a stock makes it's fibonacci target... you better be out in a NY minute, before the NYers on the floor beat you to it !!


I really have a hard time understanding all the bullishness...The fed hasn't saved anything. And this is one time you BETTER have a command of fundamentals... and that starts with reading the fine print on how your cash is handled at your broker !!

I called Fidelity about using a government MM fund instead of their default cash reserve fund. They told me it can't be done. Their default cash reserve fund has bank CDs, MBS, corporate bonds, etc. Nothing in it is quaranteed.

[SemiBizz]

Progressively higher volume on the way down.. . that's called QUALITY of VOLUME. and what do we have on Friday? UPTHRUST.

I called Fidelity about using a government MM fund instead of their default cash reserve fund. They told me it can't be done. Their default cash reserve fund has bank CDs, MBS, corporate bonds, etc. Nothing in it is quaranteed.

See, that's exactly what I'm talking about... they don't want you to take your funds out of their money market so they used selective facts... Sure, they won't "sweep" your money into the gov't backed account, so they said it couldn't be done.... you have to use the mutual funds tab and make a trade into it, that trade is executed at the end of the business day... FGRXX is the Gov't backed fund...

Edited by SemiBizz, 18 August 2007 - 07:09 PM.

[underabigw]

Mike,

Can you link your Fidelity account to your local bank account? Usually you can do this via an electronic transfer between the two. More and more brokers are offering this option. That way at times when you have a large cash balance you can transfer it to your local bank and at least get the FDIC insurance. Then when you are ready to trade again you can transfer it back to Fidelity.

At TDAmeritrade you can do transfers yourself using their Internet website without human intervention.

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I called Fidelity about using a government MM fund instead of their default cash reserve fund. They told me it can't be done. Their default cash reserve fund has bank CDs, MBS, corporate bonds, etc. Nothing in it is quaranteed.

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

Intraday - in the bull market stocks made plateaus at the highs.. you had all day to get out. Now we're in a bear market and we get "Inverted V" tops... you had 2 min. to get the top tick on Friday... and guess who got those? The floor brokers and pit traders...


VOLUME -
Going DOWN on ballistic volume and up on lighter...
http://bigcharts.mar...&mocktick=1.gif

5 years of being trained to buy the dip can leave you a little callous to what's really going on. This is final liquidation folks. You just watch next week and see how much time there is to get out when a stock makes it's fibonacci target... you better be out in a NY minute, before the NYers on the floor beat you to it !!


I really have a hard time understanding all the bullishness...The fed hasn't saved anything. And this is one time you BETTER have a command of fundamentals... and that starts with reading the fine print on how your cash is handled at your broker !!

I called Fidelity about using a government MM fund instead of their default cash reserve fund. They told me it can't be done. Their default cash reserve fund has bank CDs, MBS, corporate bonds, etc. Nothing in it is quaranteed.

[SemiBizz]

All you need to know about volume is that volume attracts price... We had ballistic volume on Thursday and that is why I can confidently tell you that the claims that those prices will be never tested again in our lifetimes are silly. Those prices are going to be tested NEXT WEEK(probably) and certainly by October.. Oh if I can add here, just one more thought about what is different this time? Go back and try and find when was it on one of these downturns we had a discussion on whether or not these jokers (brokers and funds) are solvent? Answer: NEVER....

Edited by SemiBizz, 18 August 2007 - 07:41 PM.

[BearItch]

"I really have a hard time understanding all the bullishness." Yes, the position poll has bulls climbing all over each other....

[ogm]

"I really have a hard time understanding all the bullishness."

Yes, the position poll has bulls climbing all over each other....

No [bleeeep].

[SemiBizz]

"I really have a hard time understanding all the bullishness."

Yes, the position poll has bulls climbing all over each other....

I would have no idea about sentiment, other than expressed by actions (volume).