10 replies to this topic

[A-ha]

...

[eminimee]

My stuff says we should at least test the highs or make a new high for this move into close.

[A-ha]

[Trend-Signals]

The current resistance is the big bull/bear line....



http://www.stockchar...11789&r=774.png

[ogm]

So if tomorrow we'll gap up above that resistanse.. does it mean all those who sold stuff even if they were long will have to chase it higher ? Or what about those fund managers that dumped everything they could and now are watching it run away from them ? Never mind the shorts too, who have been very resiliant last few days. Even after a 70+ move on the SPX.

Edited by ogm, 22 August 2007 - 02:37 PM.

[A-ha]

i am gonna short this market for a swing but its not there yet

Edited by A-ha, 22 August 2007 - 02:45 PM.

[Cirrus]

As soon as it looks like 'the bottom is in' and the rally feels unstoppable it will end. I suspect we get a rally tomorrow that's worthy of shorting.

[A-ha]

this will create the next sell off but it will not be as severe as last week's

it is testing it here but i think it is early to short it

i ll post when i short , as usual RT

[hiker]

most TA folks that are charting that 2006 to 2007 t/l showed its yest closing basis value at 1459... your chart above appears different, xD.

[A-ha]

here is the daily version, i think we will test 1475 tomorrow, and start selling off