Those SPX Highs are gonna be tested (part 2)
#31
Posted 28 March 2013 - 12:43 PM
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
#32
Posted 28 March 2013 - 01:04 PM
MF Global has already proven that politicians will stop at nothing, including stealing your money in the middle of the night...
yep
Took so darn long down there I don't trust this 1 tick over last high. perhaps 63.25
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#33
Posted 28 March 2013 - 01:17 PM
Maybe they are buying on the "cannons"
US Sends B2 Bombers To S. Korea...
Yes, very cool pic! That B-52 is so scary looking, must make enemies feel like a mouse on the ground looking at a huge owl diving at him.
Where did you find that cool pic?
#34
Posted 28 March 2013 - 01:18 PM
MF Global has already proven that politicians will stop at nothing, including stealing your money in the middle of the night...
yep
Took so darn long down there I don't trust this 1 tick over last high. perhaps 63.25
Test of 10 min support just under 1560 = positive tested on lighter volume turned back up.
Should be able to cruise higher... if they tag that high now in the final hour it's gonna come on volume and push higher...
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
#35
Posted 28 March 2013 - 01:24 PM
Maybe they are buying on the "cannons"
US Sends B2 Bombers To S. Korea...
Yes, very cool pic! That B-52 is so scary looking, must make enemies feel like a mouse on the ground looking at a huge owl diving at him.
Where did you find that cool pic?
I found it under images on Google, selected last 24 hours, but actually it was an old photo that was published in Vietnam today... So to know the source of images on the internet... right-click, select properties... This one:
http://a9.vietbao.vn...373727-da_2.jpg
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
#36
Posted 28 March 2013 - 01:25 PM
Out
Hilarious how certain Fed haters like Marc Faber and Jim Rogers are screaming and yelling telling people to get money out.
Yet today investors are voting with their feet and buying more U.S. retail and airline stocks, piling into U.S. Treasuries, and gold is getting dumped.
You would think bank stocks would be imploding, gold would be up $75 in two days, and stocks would be slumping as trust erodes.
But the sheep are more emboldened than ever, due to the sheer brazen confidence of guys like Bernanke, Draghi, and Uncle Abe.
#37
Posted 28 March 2013 - 01:32 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#38
Posted 28 March 2013 - 01:38 PM
Edited by zoropb, 28 March 2013 - 01:42 PM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#39
Posted 28 March 2013 - 01:40 PM
Maybe they are buying on the "cannons"
US Sends B2 Bombers To S. Korea...
Yes, very cool pic! That B-52 is so scary looking, must make enemies feel like a mouse on the ground looking at a huge owl diving at him.
Where did you find that cool pic?
I found it under images on Google, selected last 24 hours, but actually it was an old photo that was published in Vietnam today... So to know the source of images on the internet... right-click, select properties... This one:
http://a9.vietbao.vn...373727-da_2.jpg
Thanks. When the 3rd aircraft carrier got to Iraq, it turned a muscle flex into reality of pending war. When the 6th carrier got there, Operation Iraqi Liberation (O.I.L.) was launched. After seeing the code name in print, the operation's name was changed to Operation Iraqi Freedom.
#40
Posted 28 March 2013 - 01:41 PM
Eventually those highs are going to be tested and blown through to the upside.
After that, there will be no overhead resistance.
You are wrong there...
But very few of us will know how to map it...
All in my trading plan...
If it goes to hyperspace on the Nasdaq...
The buy and hold crowd will sell it, causing huge dislocations on a daily basis UP and DOWN
And few traders will understand how to time it...
But some of us have a PLAN.....
Posted weeks ago... 3/2/13
Runaway Parabola, What can happen after new highs in DJIA, SPX
So there was little doubt in my mind on 03/02 down in the low 1500s we would be up here testing the highs....
As long as we stay above 3258 Nasdaq, it is game on.
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