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bearish rising wedge on qld.
With high trinq I expect some selloff.
shorting qld here at 72
Trinq.
at higher end today, does that mean market to sell off
at close ?
Anyone expecting selloff last hour ?
tia
rb
coveing uyg this morning and going long financials.
Looks like some weakness in the morning but
market going up near term
When this rally in financials going to loose steam
We have already retraced 30% off last week lows.
I am adding big position short on UYG here at 23.60
Loading up on UYG again
Time to rally
Sold uyg at 21.30 Nice rally in uyg
while it lasted. Financials are up for last 4 days.
Looks like dump coming tomorrow on wamu's earning.
You gotta be kidding NM
Are you shorting the market.
Looks like the financials have hit short term bottom
and this looks like a multiday rally
Be your uyg is rocking
I doubled position yesterday and this morning , a big position
on uyg at 14.10
Nice day so far
Hi mvp,
Today is da day. Extreme of extreme.
Your system must be on 200% buy today.
Goodluck
rb
Hi be,
Thanks for the uyg tip yesterday.
I think it looks like a bottom. I added major position
at 17.
goodluck rb
Went long uyg and added calls
This is way too crazy the indicators are oversold even in the
context of bear marktet.
I don't follow vix, it is good to have spike on that, but
other indicators are even turning up showing that bottom
is in place.
When is that going to happen
Never seen so extreme indicator.
I hope marker rallies by end of day.
can anyone makes sense of this market ?
We are at extreme oversold levels
but market not holding gains
Hey foot
Did you go long on spx and dow ?
When you say holding level does it mean on closing basis ?
Hey Foot,
What your take on market unable to hold gains inspite of
crude selloff ?
Thanks
rb
My trading system pointing to major buy point.
It is combination of rsi + indicators and todays
readings are at extremes.
I went long here.
Hey omandan,
How do you trade 3/7 crossover? Just 3 crossing over 7 as buy
and the other way sell ?
Do you also use other indicators for trend.
Are you bullish now?
Thanks
3 signals from mvp system hit extreme today
cpce above 1
mccellan oscillator at extreme oversold level
newhighs:newlows ratio charts at lows.
vix although not at highs I don't think it is that critical
at this point,
I have also added rsi14 on russel(small) cap below 30
This may not be a bottom, but I bet it is short term bottom.
$nyadv:$nydec also at extreme.
So looks like a buy signal.
Hi Freemarket,
I had also subscribed earlier to schaffersresearch with their
portfolio stock pick. But they didn't do as good as I thought.
I have a question about MVP. Looks like the major turn signals
are good, but how about their piggyback short term signals,
are they good too.
Is decisionmoose or stock scouter as good as MVP?
thanks
RB
Poker your support level hit today
Are you long now ?
Yes I second that, rally time.
Expecting to see strong close on all major indices.
added lots of aeo
Hey Foot are you going long today at 1257
Futures are down big.
Thanks
rb
Thanks capt_imj
If you don't mind can you please tell what technical
indicators does your system use.
I believe MVP uses sentiment indicators like $cpce , $vix,
newhighs and newlows,mccllenan osc and ema crossing.
Does your system also use similar indicators.
Also is your system more like a daytrading system.
thanks again.
regards,
rb
oil about to go negative
Funny even one day of down oil is now bullish.
mvp vs merlin
Anycomments ? Which is better system ?
Anyone subscribed to any of those ?
thanks
Hey Foot, start your own paid site -)
Amazingly accurate calls and all for free.
great work.
Now when are we going to get that bounce to 1350?
Hey MVP
atleast can you tell me what stock chart indicator
do you use for snp midcap mcclellan oscillator
thanks
rb
Hey MVP you did not answer my question
What are the average low levels on those ratio charts
that you use as buy points.
btw I just noticed your system missed this selloff
you are long on mvp
Buy time.
Load up on calls
Hey MVP,
So what is your magic number of net new lows that you use
as your trigger buy point?
I looked at those charts and the ratio was way negative
during bear markets.
This current selloff will have to go on much more before
we hit march numbers on those ratio charts ?
Or you have an average new low number that you are using.
To make the story short, can you please post the new low
number that you are using as a reference?
thanks
Anyone going long here ?
Looks like market hit critical support
hey leftyg
what indicators do you use for trend change on mdx ?
thanks,
rb
what is a significance of net new lows ?
$nyhl:$nytot was around -0.199 around mid march.
So that mark the bottom.
Then it went up and peaked around 0.046 that mark top
today $nyhl:$nytot is around -0.07 and falling does it
mean more selloff or the -ve value indicate time to buy ?
Just trying to understand here.
Thanks
Gleno, if you don't mind
who is your guru which site?
tia
rb
Nice call Pokersam.
Looks like next stop 1330 in 2 weeks.
RB
Hey be, are you also following trinq
when you open your short position or just the technical
levels ?
tia
RB
Crazy market
Going up forever. Hard to be bearish here.
Bears are just about to capitulate
This market is not going down and ignoring all bad news.
Very frustrating for bears like me. -(
Agree poker new lows on snp coming.
Fed will eventually go to o rates and market will
go down.