is in play here for SPX longs.
Probe 50% short at ES 1398.50 with tight stops. Will add more if we get a breakdown.
The law of diminishing returns
Started by
NAV
, Apr 28 2008 09:00 AM
32 replies to this topic
#2
A-ha
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Posted 28 April 2008 - 09:05 AM
I think you will do great... SMH showing weakness.
#3
SemiBizz
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Volume Dynamics Specialist
Posted 28 April 2008 - 09:06 AM
1387 is a modest target, as was 1379.25. If we cannot crack those here... even on light volume this is not a good setup to stay short...
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
SemiBizz
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Posted 28 April 2008 - 09:10 AM
The way I'm playing this is against my Stud Stock MRVL... My stuff says 13.40 opening high will be tested...
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
A-ha
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Posted 28 April 2008 - 09:19 AM
is in play here for SPX longs.
Probe 50% short at ES 1398.50 with tight stops. Will add more if we get a breakdown.
Where is your stop today?
#6
NAV
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Posted 28 April 2008 - 09:25 AM
is in play here for SPX longs.
Probe 50% short at ES 1398.50 with tight stops. Will add more if we get a breakdown.
Where is your stop today?
Closed at almost breakeven. Will short later again. Not the kind of rejection i was expecting.
#7
SemiBizz
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Posted 28 April 2008 - 09:29 AM
Just had to give those Oil shorts a little more time to think about covering... You can see the light volume penetration here of those high volume lows, now they have the shorts on the run... and they are not going to let go of them...
http://bigcharts.mar...&mocktick=1.gif
I'd give this broad market another 15-30 min of upside fun and then some harsh reality here...
http://bigcharts.mar...&mocktick=1.gif
I'd give this broad market another 15-30 min of upside fun and then some harsh reality here...
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
#8
bobalou
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Posted 28 April 2008 - 09:30 AM
the yen is side ways,,,I think it is looking to go higher ? we could see 48 in the qqqq
#9
A-ha
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Posted 28 April 2008 - 09:36 AM
Closed at almost breakeven. Will short later again. Not the kind of rejection i was expecting.
You can't win them all NAV. Let us know when you short again.
#10
NAV
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Posted 28 April 2008 - 09:48 AM
Closed at almost breakeven. Will short later again. Not the kind of rejection i was expecting.
You can't win them all NAV.
I know
- If a man didn't make mistakes he'd own the world in a month." - Jesse LivermoreLet us know when you short again.
I will.
