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If you want to name call, keep it off of the thread. I would be happy to meet you in public and you can call me all the names you would like.
I think AMZN still has a good shot at $36.50, and if this turns out to be more than just a correction in the markets, it could go much lower.
http://stockcharts.com/def/servlet/SC.web?c=amzn,uu[w,a]dhclyyay[dc][pf][vc60][ilb14!lb5!lh5,5!li10,...
Instead of biting my ankles, why don't you post something constructive. I'll tell you what. Why don't you tell the board where you think we are headed and why. If you can post some charts that would be nice.
If you don't have anything constructive or informative for the board, why don't you just back off.
So far it looks like this setup is correct. Now, let's see if it turns into something more ugly.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]fhclyyay[d7][pf][vc60][ilb14!lb5!lh5,5!li10,...
Ski on the SI board just mentioned CSCO breaking out. Here is the chart. This should keep a somewhat bullish tone underneath this market.
http://stockcharts.com/def/servlet/SC.web?c=csco,uu[w,a]dhclyyay[dc][pf][vc60][ilb14!lb5!lh5,5!li10,....
I must say, looking at all of the calls for December though, that is a concern.
I think it all lines up. A nice day or two rally to get the froth really working would be nice. Would also probably drive that put call down to very low levels.
Lots of analysts and radio shows here talking about the Santa Claus rally.
Maybe a blow off would fit nicely. put/call is getting frothy again.
http://www.cboe.com/data/IntraDayVol.aspx
http://stockcharts.com/def/servlet/SC.web?c=$cpc,uu[h,a]daclyyay[dd][pc10!f][vc60][J9854748,Y]&am...
Three wave moves everywhere. Maybe another leg down.
http://stockcharts.com/def/servlet/SC.web?c=qcom,uu[w,a]dhclyyay[db][pf][vc60][ilb14!lb5!lh5,5!li10,...
Everytime we think a brother dump is coming to the NDX, market ignores and runs. Let's see if this is different. Maybe we get a C wave down here.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]fhclyyay[d7][pf][vc60][ilb14!lb5!lh5,5!li10,...
Oh, it takes 5 touches. Why don't you read point number 2.
http://stockcharts.com/education/ChartAnalysis/symmTriangle.html
Please tell me you are not that stupid. Can you read a chart? A breakout from the triangle. Can you see the triangle?
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]ehclyyay[d21][pf][vc60][ilb14!lb5!lh5,5!li10...
I don't know why I am even wasting my time posting back to you. Go back to your hole
Dude, go away.
A breakout is not happening. What? The S&P just went to new highs two days ago. Why do you come to these boards anyway. Is it just to pick fights with people? I refuse to clutter this board answering your ridiculous questions.
Okay, I am not going to argue with you. Usually you look at lower lows and lower highs over a period greater than 24 hours. But hey, if it works for you.
Lower lows and lower highs?? It just broke out.
This read still looks valid.
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]whclyyay[d20020605,20041205][pf][vc60][ilb5!...
So far, this looks like a successful triangle breakout. I would like to see 1205 get hit. Then, maybe a good play would be some puts for options expiration.
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]ehclyyay[d21][pf][vc60][ilb14!lb5!lh5,5!li10...
Hey, don't laugh. I just learned how to use that damn fork deal in Stockcharts. I know, I am kind of a retard.
Anyway, I still think we go to new highs maybe by tomorrow. That mess off the top definitely looked a-b-c ish to me. That would leave the Wednesday the week before options ex for a big dump.
No biggie AJ. Just wanted to get your opinion. Whenever you got time.
I think we just completed an a-b-c and should head back up.
And, this could be a test of the triangle breakout.
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]ehclyyay[d21][pf][vc60][ilb14!lb5!lh5,5!li10...
What do you think of this one. I like it to the short side, especially since it has come back into that wedge.
http://stockcharts.com/def/servlet/SC.web?c=syk,uu[w,a]dhclyyay[db][pd20,2!f][vc60][ilb14!lb5!lh5,5!...
Long view.
http://stockcharts.com/def/servlet/SC.web?c=syk,uu[h,a]dhclyyay[dd][p][vc60][ilb14!lb5!lh5,5!li10,10...
I know it is early AJ, Let's se how this number changes over the next couple of hours. But, this is quite low for an opening number.
http://www.cboe.com/data/IntraDayVol.aspx
There is zero downward pressure. Mess off the top tells me market goes higher.
Edit, oops. A wee little dump going on here.
Market is pretty strong. Really, below $40? Looks like the gap got filled.
BRCM is going parabolic. You may not get a shot to buy below that level. With the sox correction of late, picking buying points is going to be hard.
I think the last two weeks on the Sox has been corrective and we will see 460 very soon.
Buy signal on the Sox/SMH verified by the gap back into the triangle.
http://stockcharts.com/def/servlet/SC.web?c=$sox,uu[w,a]ehclyyay[d15][pf][vc60][ilb14!lb5!lh5,5!li10...
This market just does not look like big down is coming. Lot's of charts I looked at still look pretty good and up seems the path of least resistance. I still think there is a chance that we are in the big iii of 5 here off of the Oct 02 lows.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]dhclyyay[d20031212,20041212][pf][vc60][ilb14...
SIRI has done over 250M shares. Holy Sh$%.
AJ, you still eying AMZN. That wedge breakout sure looks good. Hoping for a test.
http://stockcharts.com/def/servlet/SC.web?c=amzn,uu[w,a]dhclyyay[dc][pf][vc60][ilb14!lb5!lh5,5!li10,...
Either an ABC or fresh 1 down. It is a tossup. I just think there are a lot of bulls out there and with the put/call dropping to levels we have not seen since Januray, I would be cautious.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]ghclyyay[d5][pf][vc60][ilb14!lb5!lh5,5!li10,...
Ziggy, I will be the bigger person and apologize to you. I never get angry on these threads, your comment just rubbed me very wrong.
Dude, go F&*k yourself.
This is good enough for me. If the price gets into the gap I am content.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]ehclyyay[d5][pf][vc60][ilb14!lb5!lh5,5!li10,...
Can you guys not see gaps. I just pointed out that this one has been filled. Do you not see a gap here?
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]dhclyyay[da][pf][vc60][ilb14!lb5!lh5,5!li10,...
Steve, this is revised. The top of the a and top of the b are about the same, so it cannot be a 1-2. This move down has to be either an extended C or a 1 of some sort.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]ghclyyay[d5][pf][vc60][ilb14!lb5!lh5,5!li10,...
NDX filled the gap. So far looks like a nice three wave correction. Some more down and I think our correction goes much deeper.
Yes. Here is a chart that might help. Red is the ABC scenario, Black is the impulsive (5 wave) scenario.
http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]ghclyyay[d5][pf][vc60][ilb14!lb5!lh5,5!li10,...