Look at the ARMS on this rally.
There's some pretty serious distribution going on. It might be Citi-related, but a high ARMS (TRIN) on a solid rally is a warning sign.
Mabe it's early, but this is the first crack that I've seen in this rally for a while.
Mark
The First Cracks
Started by
OEXCHAOS
, Oct 01 2007 10:05 AM
6 replies to this topic
#1
OEXCHAOS
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Mark S. Young
Posted 01 October 2007 - 10:05 AM
Mark S Young
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#2
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 01 October 2007 - 10:12 AM
First marijuana....now crack......this is getting out of control....time for an intervention.
#3
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 01 October 2007 - 10:54 AM
First marijuana....now crack......this is getting out of control....time for an intervention.
You Crack me up !
OTIS.
#4
SemiBizz
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Volume Dynamics Specialist
Posted 01 October 2007 - 10:59 AM
Sooner or later this market will get SMACKED down 
We need to see some more hardcore bears capitulate first.
We need to see some more hardcore bears capitulate first.
Edited by SemiBizz, 01 October 2007 - 11:00 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
ogm
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Member
Posted 01 October 2007 - 11:36 AM
Sooner or later this market will get SMACKED down
We need to see some more hardcore bears capitulate first.
Like who for example ?
#6
OEXCHAOS
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Mark S. Young
Posted 01 October 2007 - 12:03 PM
Cracks spackled.
Low ARMS now, reasonably healthy.
Hard to get long this thing...
Mark
Mark S Young
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#7
ed rader
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Posted 01 October 2007 - 03:32 PM
Sooner or later this market will get SMACKED down
We need to see some more hardcore bears capitulate first.
Like who for example ?
you and dcengr....whoops you guys already did
!ed rader
p.s. i'll never capitulate
!
