6 replies to this topic

[SemiBizz]

Should we continue higher, the trigger points are 2619 the high of 1/3/01, and 2625, the C point of the original ABC down... started a position in QID off the 2616 test this morning...

Edited by SemiBizz, 04 September 2007 - 09:18 AM.

[OEXCHAOS]

I'm still looking long, at least into tomorrow. Too many Bears, too much mo.

[SemiBizz]

I'm still looking long, at least into tomorrow. Too many Bears, too much mo.

Well Mo... better get ahold of Larry, Curly, Curly Joe or Shemp or whoever they can because we're going into those huge volume highs with less than 1/2 the volume...







Here's is the setup testing those twin towers(volume candles... all time highs) from 8/8 and 8/9....testing on vapor.



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

Edited by SemiBizz, 04 September 2007 - 09:50 AM.

[SemiBizz]

This is pretty straightforward here the Nasdaq and SOX are set up on the bearish side of the creek... 2627.75 Nas and 508.13 SOX. If they can push them over those numbers there's a chance for volume acceleration... if I see that, I fold my tent with a small loss and wait for another swing point. Low Risk, High Potential....

[OEXCHAOS]

My point was, up is up regardless of volume. I see the set up, but it looks better tomorrow than today, based upon my sentiment stuff and, even--dare I say it-- volume. Now, however, I have to say, the volume currently sucks wind, it just could look a little bit more bearish on the ES. M

[relax]

hi mark or semi, sorry to be off topic but just have a quick question remember reading that trend line breaks could not be used for anything, but am sure which indicator they were talking about if it was summations or just stochastics in general but stochastics covers rsi - and rsi trend line can be used for something Thanks!

[OEXCHAOS]

hi mark or semi,
sorry to be off topic but just have a quick question

remember reading that trend line breaks could not be used for anything, but am sure which indicator they were talking about

if it was summations

or just stochastics in general

but stochastics covers rsi - and rsi trend line can be used for something

Thanks!

I use them on individual stocks but nothing else. My favorite is to buy tests of break -outs. I just use direction and/or MA's on summation, Stoch, and I don't use rsi.

Mark