8 replies to this topic

[ogm]

Or we are going to do another attempt, just for giggles ?

[SemiBizz]

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



We're consolidating the daily candle from 10/26. Yesterday we break the low on lighter (bullish spring), today we break the high (as forecasted)... bearish upthrust volume. Since today's volume is stronger than yesterday's... our best clue as to direction comes on a test of yesterday's low... (stronger volume anticipated)... that is quality of volume down. So, no test of the low and we'll bust back up to test today's high again.

[ogm]

So, no test of the low and we'll bust back up to test today's high again.

As I said, another attempt. Just to make sure it fails

So we could finaly proceed and break that bearish flag on SPX and DOW 60 min charts.
This time with the help of NDX joining the party.


Whatch AAPL croak next. Nice triangle on 15 min charts.

[traderpaul]

J6p faces higher rent and oil prices (gas and heating oil).....What do you think?.....

[SemiBizz]

Nasdaq volume accelerating at this point... a look at the 10 min reveals yesterday's 2771 did come on more volume, so there's a reason to retest it. Keep an open mind, the market's going to tell us...

[SandStorm]

And don't forget that credit contraction is still ongoing. Hey, ogm, you have no problem with the above this time around, right?

[ogm]

And don't forget that credit contraction is still ongoing.

Hey, ogm, you have no problem with the above this time around, right?

You mean Credit contraction ? You ain't seen nothing yet. Commerical mortgages are going to implode next. Then Municiapls and corporates.

But I'm trading the charts.

[SemiBizz]

Starting to look more bearish... we'll see if it's bait or not. Watching BIDU. Should it break here it could have a spectacular fall...

[SemiBizz]

GOOG all poised for breakout... to da moon..... 750 here we come...

Edited by SemiBizz, 06 November 2007 - 03:18 PM.