8 replies to this topic

[Rogerdodger]

1/4 moon Oct. 19th


Earnings have a funny way way of of raising prices without lifting PEs.

Lot's of folks leaning the wrong way tonight.
Could be a confligration tomorrow.

Pristine's 30 minute gap rule could help "one of our most powerful trading tactics"
On My Blog

Edited by Rogerdodger, 16 October 2007 - 10:38 PM.

[NAV]

So scorch is a foregone conclusion eh ?

Edited by NAV, 16 October 2007 - 10:55 PM.

[Rogerdodger]

Anything can happen of course, but I think there is fuel.
The selling has relieved the overbought condition.
The median on the BB's is tagged.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=5822.png

[Russ]

from Monday, 08:43 PM Don't forget Da Cheif... (as seen on his blog) "todays activity allows for a further decline to the gap at 1527 in the december contract.....quite possibly by wed of this week which is the bradley date.....what better way to celebrate the crash of 87 then to result in a meltup from the bradley date...... "

[Rogerdodger]

RUSS: They must have read your post. Futures sold off 3 points! LOL!

[pdx5]

1/4 moon Oct. 19th


Earnings have a funny way way of of raising prices without lifting PEs.

Lot's of folks leaning the wrong way tonight.
Could be a confligration tomorrow.

Pristine's 30 minute gap rule could help "one of our most powerful trading tactics"
On My Blog

I love it when traders talk funnymentals

[Russ]

RUSS: They must have read your post. Futures sold off 3 points! LOL!

Gee Rodger if only I had such power! One thing to watch on your chart is the lower bollinger band which would take it down to da cheif's gap...on the Bradley. My oscillator is pointing to Wed. for the low on a couple of charts, it can be off by a day but in this case I am leaning towards Wed. being the low. Stay nimble! ES down to 1550.50 now on a volume spike, they are worried about something??


BTW...I could not find your 30 minute gap rule on your blog.

Edited by Russ, 17 October 2007 - 12:07 AM.

[Rogerdodger]

Da_Cheif says:
over sold into the 17th is ideal.....like 1527 on the dec contract would do it.........a big gap up would probably invite short selling......and hopefully precipitate a late day squeeze unless they fill the opening gap quickly then go........gonna be a tuff day.....

One thing to watch on your chart is the lower bollinger band

Yes!
I bet that when John Bollinger applied his first Bollinger Bands to a chart he had to be amazed at how cool it was.

BTW...I could not find your 30 minute gap rule on your blog.

Try this:

Gap Rule PDF File LINK

Edited by Rogerdodger, 17 October 2007 - 12:20 AM.

[Russ]

Thanks Rodger