http://bigcharts.mar...&mocktick=1.gif
Lower high is in place along with a lower low... 454 test likely.
SOXX is on the edge of a big fall
Started by
SemiBizz
, Aug 24 2007 08:47 AM
7 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 24 August 2007 - 08:47 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
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
#2
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 24 August 2007 - 08:58 AM
Today's disaster... going to do well over 100M share volume. We'll be seeing more and more of these.
http://bigcharts.mar...&mocktick=1.gif
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
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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- Traders-Talk User
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Volume Dynamics Specialist
Posted 24 August 2007 - 09:48 AM
MRVL is one of the newest components of the SOXX, representing the future of the electronics industry with emphasis on networking and wireless communications...
Now let's look at the "foundation"...of today's semiconductor industry. The DRAM is a basic building block of systems and products. You can think of MU as a "milk plant". Just as milk is the basic raw material for many products like cheeses and ice cream for example. Currently there are 2 reasons the milk plant should be working overtime... #1 is the Christmas Holiday season... #2 is the Vista upgrade. In the past weeks we have had pricing pressures on DRAMs due to lack of demand widely reported...
http://bigcharts.mar...&mocktick=1.gif
Now let's look at the "foundation"...of today's semiconductor industry. The DRAM is a basic building block of systems and products. You can think of MU as a "milk plant". Just as milk is the basic raw material for many products like cheeses and ice cream for example. Currently there are 2 reasons the milk plant should be working overtime... #1 is the Christmas Holiday season... #2 is the Vista upgrade. In the past weeks we have had pricing pressures on DRAMs due to lack of demand widely reported...
http://bigcharts.mar...&mocktick=1.gif
Edited by SemiBizz, 24 August 2007 - 09:49 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
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
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 24 August 2007 - 10:05 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
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
#5
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 24 August 2007 - 10:16 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
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
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 24 August 2007 - 10:35 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
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
#7
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 24 August 2007 - 10:46 AM
SMH 40 sep calls are 12 cts 
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
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
sglasson
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- Traders-Talk User
- 503 posts
Member
Posted 24 August 2007 - 03:09 PM
It's obvious that this 8/16 low will be tested.
what's your hunch for when? timing is everything
