ES at the top range of the day. ER2 at the bottom range. NQ at the midrange. ES and ER2 are at the extremes. Breadth is not too shabby, but ER2 looks very weak. Someone is gonna get hurt today. It's a huge trap - but which way ??.
Fractured...
Started by
NAV
, Sep 13 2007 09:37 AM
7 replies to this topic
#2
atlasshrugged
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Posted 13 September 2007 - 09:42 AM
ES at the top range of the day. ER2 at the bottom range. NQ at the midrange. ES and ER2 are at the extremes. Breadth is not too shabby, but ER2 looks very weak. Someone is gonna get hurt today. It's a huge trap - but which way ??.
ES has been the "peter brady" for weeks now today it looks like the ng's are "peter brady"
#3
SemiBizz
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Posted 13 September 2007 - 09:51 AM
Well, the Feds DRAINED 17B today... let's see how the market likes that.
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
NAV
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Posted 13 September 2007 - 10:06 AM
ES at the top range of the day. ER2 at the bottom range. NQ at the midrange. ES and ER2 are at the extremes. Breadth is not too shabby, but ER2 looks very weak. Someone is gonna get hurt today. It's a huge trap - but which way ??.
ES has been the "peter brady" for weeks now today it looks like the ng's are "peter brady"
Not sure who's upto the mischeif here. I am giving the benefit of doubt to the 30-min trend and went long NQ at 2000.
ES at the top range of the day. ER2 at the bottom range. NQ at the midrange. ES and ER2 are at the extremes. Breadth is not too shabby, but ER2 looks very weak. Someone is gonna get hurt today. It's a huge trap - but which way ??.
ES has been the "peter brady" for weeks now today it looks like the ng's are "peter brady"
Not sure who's upto the mischeif here. I am giving the benefit of doubt to the 30-min trend and went long NQ at 2000.
Out with a 1 point scalp. Not looking good.
Edited by NAV, 13 September 2007 - 10:07 AM.
#5
eminimee
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I don't care who's fur is flying...
Posted 13 September 2007 - 10:13 AM
Looking for date that GS reports..I think it's next week...anyone have info?
Might need another leg down.....which means spx/oex ain't goin' north if it does.
http://stockcharts.c...6532&r=8303.png
Might need another leg down.....which means spx/oex ain't goin' north if it does.
http://stockcharts.c...6532&r=8303.png
#6
IndexTrader
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Posted 13 September 2007 - 10:48 AM
GS reports 9/20 before the market opening.
IT
#7
risktaker
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Posted 13 September 2007 - 10:49 AM
> Looking for date that GS reports..I think it's next week...anyone have info?
From Google Finance:
9/18 LEH Earnings Conference Call - 10:00am ET
9/19 MS Earnings Conference Call - 11:00am ET
9/20 GS Q3 2007 Earnings Release - 8:30am ET
9/20 BSC Q3 2007 Earnings Release - 8:30am ET
There are rampant rumors that GS is going to have awesome earnings because they made a lot of great trades recently.
Edited by risktaker, 13 September 2007 - 10:50 AM.
#8
selecto
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Posted 13 September 2007 - 10:53 AM
"There is rampant rumors that GS is going to have awesome earnings because they made a lot of great trades recently."
How could they not? They are able to act in advance on perfect information.
