Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
OEX 540, SPX 1160....possible for this up leg...
2bit
Taking profits and bow to "da Boz"...like I say don't mess with MCO...more up coming...
2bit
Canada got Gold medal in Men's Moguls...Vancouver Winter Olympics..
2bit
MrCapital,
The following is a simple rule I have adopted. When the MCO is coming down to pass through zero - short, but when it is coming up from under to pass through zero - buy... or at least reduce shorts...I have a much more sophisticated system than this but this will do. Therefore you buy on dips when MCO > 0 and sell on rallies when MCO < 0, it never fails..people are seeing confusing indicators now because it is passing through zero...
However, the market has tested OEX 490 four times and did not fail, shorts should be worry, not to say it won't happen, but look at where the MCO is..
I don't really care about heresays...just follow rules
2bit
Hey MRCAPITAL,
why don't you post your trades here and we'll see how good you are....
2bit
The AD study indicates a breakout to the upside is imminent next week...IMO
2bit
President's day
18 out of 21 occurrences now...wow close to 90% accurate
2bit
No,
Just look at the output of the Eurozone. The Euro has a way to fall and you know what is going to happen to the dollar and the market..
2bit
President's Day
"the session immediately preceding the President’s Day holiday closes lower on 17 out of the last 20 occurrences"
2bit
Does anyone in this board uses Carl's box trading techniques?
2bit
http://carlfutia.blogspot.com/
sorry no data, just a quote..
2bit
"over the past 17 years the market has rebounded 70% of the time after a down day within the -2.5% to -3.5% range in the S&P"
2bit
Blasher,
There aren't that many bulls to begin with in this bear board..just me and Oman I say....and we are always in a good buying mood....
2bit
Adding more cheap Calls at EOD...
2bit
Ya, another buying opportunity...
2bit
It is a buy for NDX
2bit
Ya Foot,
The big down and up days are gone...for here on it is like nickels and dimes. I was up 50% in 2 days. Got out and back in at LOD...could loose it all but not banking on it....
2bit
Blasher,
I have no idea who's right on the 50ema stuff..all I know is the market is back to normal...down on earning season and rallies after...and all I see is advance/decline issues telling me to go long...Carl was one of the first to call long around SPX 666...and Ttheory's Terry is calling for rally till Aug26 2010....I just know it should come up next few days...
good luck to your trade
2bit
The Bears in this board should read Carl's comment tonight..
2bit
http://carlfutia.blogspot.com/
Hook,
There is no reason to believe that the rally will end here, all conditions for a rally and an upleg remain the same. It would be nice if the index closes a bit higher but is right on pivot. AH most tech stocks are up big....
2bit
Today is a normal reaction to the two day's advance...after this reaction the market should head higher...will see
2bit
A new up leg has started based on today's market action..
good luck all..off to run
2bit
GS
looks like 150 is it for this burn..going back up
2bit
Hook,
I meant derivative of the price struccture...such as taking logarithm etc....and not the raw closing price...
2bit
YRT1,
Again, no sure what you are referring to ..? I just went long today...
2bit
Glennob,
How do you mean? Just NYSE advance/decline issues....$nyadv, $nydec
2bit
Hook,
I am assuming you mean price of the index...it depends...if you use closing price...it should follow the AD....if you use a derivative of price then it may lag...
2bit
YRT1,
You mean Nov3rd, like I say I told you so...
2bit
Gleno,
It has nothing to do with MAs, it's all probability, fractal mathematics...sorry...wouldn't stick anything in your charts...
2bit
Gleno,
That is exactly the point...because the AD says so...
2bit
Gleno,
you better put Hook on ignore, else the market will crash...less if ur short
2bit
Hook,
U & I are in sync, I see fast AD going positive...the slow one will follow...like building the foundation of a house...then the bulls will come out...its hopeful...
2bit
I think toay's gain should sustain....
2bit
Well,
which one works better in -40C..LOL
2bit
Well,
I do not know how many people go into such details and even so if he is any more correct. One should look at the consistancy, and if that how GDP has been calculated, so be it, as long as it is consistantly that way. Good GDP numbers do not necessarily translate into market rallies and as a matter of factly I have seen it reverse because they may trigger an interest rate hike.
2bit