10 replies to this topic

[A-ha]

nyse mc sum forming a bullish fish hook? also there is no volume on the downside as noted by others previously... could be bullish spring... question is when the spring gonna be sprung... possibilities possibilities....

Edited by A-ha, 17 September 2007 - 11:55 AM.

[SemiBizz]

If you are a bear the best setup (now that the light volume on the daily is a lock) is to see it reverse, barely tick over the highs(Friday) and then pullback to where it opened by the close...or in your wildest of dreams to close on the lows...

Edited by SemiBizz, 17 September 2007 - 12:03 PM.

[A-ha]

If you are a bear the best setup (now that the light volume on the daily is a lock) is to see it reverse, barely tick over the highs(Friday) and then pullback to where it opened by the close...or in your wildest of dreams to close on the lows...

is it possible to take out thursdays high today ? I cant wait to go to apple bees tonight

Edited by A-ha, 17 September 2007 - 12:12 PM.

[SemiBizz]

Well when it crosses over Friday's high it becomes an upthrust... I think that 2607 (7/31 2.7B) volume high would frame it...

[DraggdOut]

They just grazed my trailing stop by 0.3 I'm just going to accumulate straddles, set stops on both sides, and watch the action from the sidelines...

[A-ha]

I like the uptrust idea most. If we uptrust, I am gonna have "baby backribs" tonight ... I have a discount coupon from sunday's dailynews

[NAV]

If you are a bear the best setup (now that the light volume on the daily is a lock) is to see it reverse, barely tick over the highs(Friday) and then pullback to where it opened by the close...or in your wildest of dreams to close on the lows...

is it possible to take out thursdays high today ? I cant wait to go to apple bees tonight

Firstly, there's no fishhook on the NYSE Mcsum.

Although your question is a bit tongue-in-cheek, i will still reply Well nobody needs to tell you that, it's commonsense that a 4-day consolidation range will not be taken out ahead of an important event like Fed meeting on some pathetically low volume day like today. Even if the resolution were to be bullish, they would park the prices right near creek.

[SemiBizz]

I like the uptrust idea most. If we uptrust, I am gonna have "baby backribs" tonight ... I have a discount coupon from sunday's dailynews

One of my favorites, but I can outdo any restaurant ribs... Tonite having fresh albacore(speaking of fish hooks) sashimi I just caught on Saturday.. Sashimi and Monday Nite Football...

Edited by SemiBizz, 17 September 2007 - 12:48 PM.

[A-ha]

Firstly, there's no fishhook on the NYSE Mcsum.

Although your question is a bit tongue-in-cheek, i will still reply Well nobody needs to tell you that, it's commonsense that a 4-day consolidation range will not be taken out ahead of an important event like Fed meeting on some pathetically low volume day like today. Even if the resolution were to be bullish, they would park the prices right near creek.

There is no fish hook yet but there may be one well underway... I feel it !

BTW you are right about the range stuff... breakout is unlikely but all i need is a little tag, peek or poke to close my butterfly option spreads. Once I close, I spread more in all directions for tomorrow... gotta be a big move

[atlasshrugged]

I like the uptrust idea most. If we uptrust, I am gonna have "baby backribs" tonight ... I have a discount coupon from sunday's dailynews

LOL!

you guys are classic