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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.
Gleno, In NM's own words, he addressed the $32 forcast in a "Round-About" way.
IMHO, he laid out some great wisdom without making one try to sort out the wisdom from his BullShidSki
Posted by: Neutral Man Date: Friday, January 09, 2009 11:04:47 AM
In reply to: Neutral Man who wrote msg# 69410 Post # of 69516
"What's this mean, dat we can 4cast, consult with da-Wizards, Watch da-Boyz FOOT-PRINTS, Study our TA, Charts, Fibs & Lies for Hundreds of years, BUT, in the END da-Boyz RULE and there is NO Play-ar ALIVE that can KNOW what will happen next, EVEN our SorryAsskieSelves!"
"In Summary, if you do NOT Master the ability to Hedge and take on CASH and Profits, you WILL Be Eliminated, ka-Piece!"
bobjack
Sir Wingsneck - to add to the confusion, (and I have seen this before, if you look at the volume of calls at "686" and the change in Open Interest at "+4848 Calls",
Volume should always be more than change in open interest!!
WHAT IS UP WITH THAT DATA????
As I said, I have seen this before, THEY appear to have a DATA problem, which also makes one suspicious of other data, that may be fraught with errors, that are not so glaring...
And, yesterday we had that CME Futures R3 of 6.1 on volume and O/I.
ARE YA CONFUSED EVEN MORE NOW???
bobjack
R3 on CME yesterday, I don't see that anyone has mentioned it yet.
SPX P2C of 6.1
bobjack
gleno, looks like you get to trade all day!!
only mention I can find is ref to Holiday Close tomorrow
rich, jolly good!!
wingsneck, SPX had R3 of 4.6 last night (29th), on options on futures, to go along with that DJX of 7.1 P2C tonight. Did not appear that the puts were being closed out either. Even more reason to be wary, huh...
Few people on this board expecting possible turn down Wed or Fri already.
Happy New Year and Good Luck,
bobjack
ETF Summary by Leavitt Brothers updated Sunday, November 30, 2008 (A couple of these haven't started trading yet and a few just started trading and therefore don't have much volume yet, but special mention should be made for the new 300% Russell ETFs which will make great trading vehicles once volume picks up.)
US Indexes
DIA Dow30
DDM Dow30 2x long
DOG Dow30 short
DXD Dow30 2x short
ONEQ Nasdaq
QQQQ Nasdaq100
QLD Nasdaq100 2x long
PSQ Nasdaq100 short
QID Nasdaq100 2x short
OEF SP100
IOO SP100 Global
SPY SP500
SSO SP500 2x long
SH SP500 short
SDS SP500 2x short
IVV SP500
IWV SP500 Growth
IVE SP500 Value
MDY SP400
IJH SP400
MVV SP400 2x long
MYY SP400 short
MZZ SP400 2x short
IJK SP400 Growth
IJJ SP400 Value
IJR SP600
SDD SP600 2x short
IJT SP600 Growth
IJS SP600 Value
IWB Russell1000
IWF Russell1000 Growth
SFK Russell1000 Growth 2x short
IWD Russell1000 Value
SJF Russell1000 Value 2x short
BGU Russell1000 3x long
BGZ Russell1000 3x short
ERX Russell1000 Energy 3x long
ERY Russell1000 Energy 3x short
FAS Russell1000 Financials 3x long
FAZ Russell1000 Financials 3x short
IWM Russell2000
UWM Russell2000 2x long
TNA Russell2000 3x long
RWM Russell2000 short
TWM Russell2000 2x short
TZA Russell2000 3x short
IWO Russell2000 Growth
SKK Russell2000 Growth 2x short
IWN Russell2000 Value
SJH Russell2000 Value 2x short
IWV Russell3000
IWZ Russell3000 Growth
IWW Russell3000 Value
IWC Russell MicroCap
IWR Russell MidCap
IWP Russell MidCap Growth
SDK Russell MidCap Growth 2x short
IWS Russell MidCap Value
SJL Russell MidCap Value 2x short
VTI Vanguard Total Market
VUG Vanguard Growth
VTV Vanguard Value
VV Vanguard Large Cap
VO Vanguard MidCap
VB Vanguard SmallCap
VBK Vanguard SmallCap Growth
VBR Vanguard SmallCap Value
PWB Dynamic Large Cap
PWJ Dynamic MidCap Growth
DVY Dow Select Dividend
RSP Rydex SP Equal Weight
World Indexes
EWA Australia
EWO Austria
EWK Belgium
EWZ Brazil
BIK BRIC 40
EWC Canada
FXI China
GXC China
PGJ China
CHN China
FXP China 2x short
EEB BRIC
EWQ France
EWG Germany
EWH Hong Kong
INP India
IFN India
EWI Italy
EWJ Japan
EWV Japan 2x short
EWM Malaysia
EWW Mexico
RSX Russia
EWS Singapore
EZA South Africa
EWY South Korea
EWP Spain
EWD Sweden
EWL Switzerland
EWT Taiwan
EWU United Kingdom
ILF Latin American 40
EPP Pacific ex-Japan
VGK European
FEZ Euro STOXX 50
IEV Europe 350
VEA Europe Pacific
VEU All World ex-USA
VPL Pacific
IOO Global 100
EEM Emerging Markets
VWO Emerging Markets
ADRE Emerging Markets 50
EUM Emerging Markets short
EEV Emerging Markets 2x short
PID Int'l Dividend Achievers
Commodities
XLB Materials
IYM Basic Materials
SMN Basic Materials 2x short
GSG Commodities
RJI Commodities
DBC Commodities
RJA Commodities - Ag
DBA Commodities - Ag
UCD Commodities 2x long
CMD Commodities 2x short
GDX Gold
GLD Gold
IAU Gold
DGP Gold 2x long
UGL Gold 2x long
DZZ Gold 2x short
GLL Gold 2x short
SLV Silver
AGQ Silver 2x long
ZSL Silver 2x short
XME Metals & Mining
IGE Natural Resources
SLX Steel
KOL Coal
DBB Base Metals
PHO Water Resources
CGW Claymore SP Global Water
IYE Energy
XLE Energy
OIH Oil Services
XOP Oil & Gas Exploration & Production
DIG Oil & Gas 2x long
DUG Oil & Gas 2x short
USO United States Oil
IEO US Oil & Gas
UNG United States Natural Gas DXO Crude Oil 2x long
UCO Crude Oil 2x long
SCO Crude Oil 2x short
US Sectors
PPA Aerospace & Defense
KBE Banks
IAT Banks, Regional
KRE Banks, Regional
RKH Banks, Regional
BBH Biotech
XBI Biotech
BDH Broadband
IAI Broker-Dealers
KCE Capital Markets
PBW Clean Energy
XLY Consumer Discretionary
SZK Consumer Goods 2x short
IYC Consumer Services
SCC Consumer Services 2x short
XLP Consumer Staples
IYG Financial Services
IYF Financials
VFH Financials
XLF Financials
UYG Financials 2x long
SKF Financials 2x short
MOO Global Agribusiness
XLV Health Care
RXD Health Care 2x short
IHF Healthcare Provider
ITB Home Construction
XHB Home Construction
XLI Industrials
SIJ Industrials 2x short
VGT Information Technology
KIE Insurance
HHH Internet
IAH Internet Architecture
IBB Nasdaq Biotech
IGN Networking
PPH Pharmaceutical
IYR Real Estate
RWX Real Estate
URE Real Estate 2x long
SRS Real Estate 2x short
ICF Realty Majors
RWR REIT
VNQ REIT
RTH Retail
XRT Retail
IGW Semiconductors
SMH Semiconductors
SSG Semiconductors 2x short
IGV Software
SWH Software
IGM Technology
IYW Technology
XLK Technology
REW Technology 2x short
IYZ Telecom
TTH Telecom
IYT Transports
UTH Utilities
XLU Utilities
SDP Utilities 2x short
Currencies
FXA Australian Dollar
FXB British Pound Sterling
FXC Canadian Dollar
FXE Euro
FXY Japanese Yen
FXM Mexican Peso
FXS Swedish Krona
FXF Swiss Franc
UUP US Dollar long
UDN US Dollar short
ULE Euro 2x long
EUO Euro 2x short
YCL Yen 2x long
YCS Yen 2x short
Fixed Income
AGG Aggregate Bond
BND Total Bond Market
BWX Intl Treasury Bond
IEF Lehman 7-10 Year Treasury
LQD Invest Grade Corp Bond
SHY 1-3 Year Treasury Bond
TIP TIPS Bond
TLT 20+ Year Treasury Bond
polardan, your best source of info is the QT manual and direct email to QT -- they are very quick in their responses, that being said, your questions bring up interesting information to me, they invite me to learn something new, if I don't already know it. Obviously, I may or may not be able to answer your questions, which are not run of the mill-simple questions, which I would choose not to answer anyway.
The manual says paintbars can only be applied to indicators -- Fib Levels per se, are not indicators.
You can set up your fibs, and note the level, that you are interested in attaching a PB to.
You can manually set a horiz line from the indicator window (the hor line can be based on many choices - prev lo/hi, yr hi/lo, any value (say $10)
Make a PB attached to that Hor Line (which is equiv to you chosen fib line)
So, you have indirectly accomplished your task.
Another thought that may interest you, is to set up an alert that is tied to a trend line -- since the trend line can be drawn at any angle, it is more versatile than just a hori line.
Since a trend line is not an indicator, you cannot attach a PB to it.
Draw a trend line, then rt click it to get a drop down menu, setup your trend line alert, you can have various combinations of audio alerts, pop-ups, and highlight rows, flash task bar icons. (EVEN send an eMail alert)
You can record your OWN Custom Alert wav file with windows sound recorder, save it in the proper QT subdir, and use that in your alert.
Another COOL thing about that trend line is that you can drag it to change your trigger point without having to re-program/set-up the alert!! How cool is that???
You can set-up upper and lower trend lines channels, legs of triangles, rising wedges, LOTS of COOL PATTERNS.
THERE IS ONE MONSTROUS ADVANTAGE to using "alerts and PB's" instead of just using PB's.
The PB is visual and ONLY effective in a chart that you are watching. An ALERT, if set to use AUDIO and eMAIL can get your attention when you are looking at a different chart/ticker, OR EVEN away from your computer, as long as the computer and QT are UP and RUNNING!!!
That's EVEN COOLER than the LAST COOL THING...
I use the audio alerts and pop-ups myself (continually)and have used the email alerts in the past when I was at work.
I learned something new today, and so did you. If what I have told you turns out to be inaccurate, please let me know.
If you find this useful, please do a good deed for someone else.
bobjack
Live Life On Purpose, Not By Accident!
no, closed tomorrow and close "early" friday, mutual fund cutoff may be early today
Linux for old P3 677 and AMD Athlon 700 -- gonna donate these dinosaurs and take off win 98 to get something that could connect to inet and actually be useful fo kids/school, Found a version called Debris, which evolved from BEA (Very Small) into BEA-Fanatix, then into this Debris .. It installed to HD and is great for websurfing and email and basic stuff -- No Good for Flash , but OK for general browsing on an ancient MACHINE!!!!
bobjack
Hey Blash, thank you, I had to call my broker just now about a commission problem, and asked him about that. His response:
S= Standard 100 shares per option contract
NS= Non-Standard -- something other than 100 shares with a cash or other differential -- due to merging of companies, or
something else
Always something new to confound and confuse one, I have been burnt on MANY little details that never show up in normal information -- you/I only find out the hard way, and it has always cost ME money, sometimes a LOT of it,
bobjack
Good Mornin Blash, can you help me here??
Can you tell me what does TYPE - S or TYPE - NS mean for 2 options of same strike price, such as eev calls at 80 --
Dec 20 2008 Calls | 26 Days to Expiration
Symbol----------Bid------Ask----Type-----Last----Change---Vol---Op----Int-----Strike
+FEJLO------18.80-----21.20-----NS-----30.30_____0.00_____ 0-----51-----80
+EEVLP-----15.50-----16.00-----S-----17.80________-9.40-----7-----636-----80
TIA, bobjack
polardan, under options --> preferences --> charts --> fibonacci --> retracements , you can turn on/off individual retracement lines to show -- it appears that you can define up to 3 custom lines/levels, so on far right set 33 in top box and 66 in middle box and check both of their little boxes to enable those lines to show -- you may want to uncheck all the other predefined boxes (except 0 and 100) to only show those four levels. Fibonacci Fans can have various lines set to on/off also.
bobjack
Someone posted about 2 effective registry cleaners a few days ago, I cannot find that post. Can you post their names again, please?
I should have bookmarked it when I saw the post.
TIA,
bobjack
paulkar, he's using quotetracker -- you can set anything you want, i use qt and tdameritrade StrategyDesk which also has custom time periods, i look at 2 and 4 hrs as well as half days (195 min) and day/week,
bobjack
2-bit and PT, DJX--> Vol P2C= 3.2 OI P2C= 10.2 Today,
CME SPX index had P2C of 0.63, be interesting to see what CME options on futures P2C is tomorrow morning (for today).
CME options on futures P2C is the one I rally have most faith in.
That DD rampo can still start tomorrow afternoon OR Thur and make the deadline Thur +5 , or NOT, there were 3 sure and 1 iffy instances of DD in Oct. The results (if there were any) of the first instance never happened til 6 days later. The other 3 had effects within three days, last one was a QQQQ 28 to 34 RALLY.
The iffy one was on Oct 21 and 22 -- 21st was really about 1.75 to 1.8 while 22nd was close to 5.
My WAG is down wed and up thru to start the expected rally -- make DD, P2C, and Poker's numbers all work out for a rally to 980/990 area before tanking again.
bobjack
fishbait, this is one that you are looking for:
generally down week before, up in OE, then back down the following week
http://www.stockhouse.com/Columnists/2008/October/27/Options-expiration-trading-patterns-prevail
bobjack
Little Chico, Quote Tracker
1) thanks for taking this board over, it has become MUCH more valuable with MUCH more contributions now.
2)QT saves intraday data in it's subdirectory titled Cache.
3) you can copy just the data files from there and do whatever you want with them, BUT, the more important feature is a Backup/Restore feature.
4) In File --> Backup Settings, one can tell QT how many individual backups to keep before overwriting the oldest one.
5) One can tell QT which (any/all) of 4 categories of files to backup including data
6) I have mine setup to backup on exit of program and have the last 10 backups from the last 10 times that I ran QT
7) You can tell QT to make a backup any time that you wish thru the day
8) File--> Restore get one to the Restore screen
9) One can use this function to move the whole QT "setup" (not program) to a different computer, besides restoring your own QT back to pre-crash, and you could backup to a mem stick to have portable setup (for on-the-go) or extra safety.
10) If you have not run QT in a month, you can get data from a friend who has -- as long as he had the ticker data that YOU want
11) This is all clear in the Help file under backup and restore.
bobjack
partimer1 n 2-bit, R3 status - Not Quite
Nov 6 op on fut________vol_______oi________change
S&P 500 CALL______16566___353949_____+ 4291___vol P2C=2.6
S&P 500 PUT_______42513___565780_____+ 9763____OI P2C=2.3
we may continue to tank, woulda preferred to see vol AND oi p2c above 3 for peace of mind,
bobjack
partimer1, the open interest didn't change to support that DJX R3
nov 6th
Dow Jones Industrial Average Index - (DJX) P2C = 2.9
_________________Call_______________Put
Volume__________14,507____________42,145
Open Interest__448,963 +6467_____414,351 +2579
OI P2C = 2579/6467=.40
hafta check CME opt on futs tomorrow morning to see if it has an R3
bobjack
TREND1, it's free if you can live with 5 days of intraday data limit, or free as sammy said, to tdameritrade accounts giving you 20 days intraday backfill.
read about it at wwww.quotetracker.com
bobjack
THAT'S FUNNY -- you were referring to the farmer in Babe, right?
nov 5 CME SPX Options on futures P2C of 3.1
CBOE Volatility Index Options - (VIX)?????
Volume Call Put Total
71,488 26,631 98,119
OI 721,528 606,637 1,328,165
Level High Low Close Change
55.62 46.87 54.56 6.83
CME Options on futures P2C of 3.1
OI
nov 5th Vol OI Delta
S&P 500 CALL 6,958 349660 + 1565
S&P 500 PUT 21,489 556179 + 8428
What If???
2bit-nothing, NM says no and Kenl said no CME, so I guess it was just a co-inky-dink.
scamman said Da Boyz bought options on futures.
Two days in a row there was a P2C over 3 on SPX "options on futures", and a P2C over 3 on SPX index, AND Open Interest on both went up accordingly.
EVEN tho it was just a co-inky-dink, some "lucky" guys got in on the move, at just the right time. That was some pretty LUCKY chumps, wasn't it.
TODAY was the 3rd day from the second R3 which never works.
The scamman said they worked in 0 to 3 days, if they were gonna work. And, that not all of them worked -- they really do appear, that if they do work, they only work well in BEAR markets. I personally lost a lot of money betting on them in a bull turn around in 2003, BUT, I do believe that in a BEAR, it's different... Go check the stats during the last 3 months and let -- ah never mind. If they did work, the smack down might only be a 2 hr to a half day event in a less volatile market. You should re-read those posts that I pointed you to. Support and resistance and fibs being met, or broken, is as important as the R3.
If you were gonna try to follow them, you would have to pay attention to open interest to hopefully know if the options were being opened up or closed out.
I have wondered if a bigger than normal C2P ratio of options on VIX might not be a tell of some sort. Last time I tried to regularly follow R3 was a year and a half ago. In this down market, MAYBE...
that's my opinion and my story, and I'm stickin to it.
10/6, 10/8, 10/23 had R3s that I pointed out here.
have a good one,
bobjack
blash, if i may ask, what does your system say about the signals now,
tia,
bobjack
OT - FE, www.clearstation.com takes me here:
http://clearstation.etrade.com/
don't know what is happening with your box, maybe you are holding your mouth wrong, jus funnin with ya, lookin back at those old posts and nicknames brings back a boatload of memories.
Remember a poster named Wareal, he was developing an early version of ners and never knew it. He had an early version of paintbars in tradestation (or somthin similar) that put shapes above and below his candlesticks to show changes in CCI.
I did a search for his handle about 2 or 3 years ago and found some posts relating to Wareal being in a professional day-trading room when a fellow trader whom had lost a fortune, went crazy, and came back with a couple of guns and started shootin all around and killed/wounded several people. I am pretty certain it was the same Wareal. Can't remember the details, but Wareal was not injured.
Check out his chart:
http://clearstation.etrade.com/cgi-bin/bbs?post_id=6887330&usernm=Wareal
bobjack
TREND1, RSI(14) vs RSI(14,1) are the same, the ,1 is setting the value of a signal line, a moving average for the rsi line to cross. It's like a line chart of closing prices with a ema (1) or sma (1) -- it would fall right on top of the closing price line. Values bigger than one start to show the delta between the lines. I don't know if it is a sma or an ema, tho.
From: fundtimer Replying To : scamman (post 9409) Apr 25 2003 4:28PM
Title: Scam's R3/R4 Dissected
Hi Scam. - You and me both in one respect and that's when it comes to 'trying' to give away the house and what's in it. Seems most have their own trading agenda and tend to purposely trivialize other methods either directly or by way of the nature in which questions are ask - and they aren't doing so in jest such as the little caveats we occasionally toss back and forth - these folks are serious. I vividly remember the 'same' people asking over and over again, "what is R3?" Goodness, I never traded nor was I interested in an R3, but I certainly knew what it was from having read at least one of your 500 post explaining the concept!. Any way, I for one am tired of seeing the continuous cyclical references, so perhaps this string of post between us will satisfy even the worse of the uninitiated.
What I've done with the R3 concept is this:
1. At The CBOE, I chose the EOD P/C data on the INX, SPX, DJX, OEX and NDX Index Options
2. AT CME I chose The EOD P/C data on the SPX Options On Futures.
3. When any of the products exhibited a P/C greater than 3.0 I shorted the SPY at the close
4. I covered the short based upon any one of the following optimization criteria:
1. A 7-10% Draw Down (Stop Loss) hit.
2. A Profit of 7-10%.
3. 90 Days in the trade.
That it! Those criteria were chosen base upon a number of concerns, the more important of which was to tune the systems performance upward until losing trades began to appear (stop loss kicking in) and a few days in the trade starting hitting the max while at the same time, total days in all trades minimized.
The trades were executed over a period of 3-8 years, depending upon the availability of the data (for ex, I only had 3-years of CME SPX data.) It should also be noted, where data was available, ie, back to 1995, the concept worked equally well as it did during the extreme bear between 2000-2003. There were fewer trade during the bull years but the drawdowns and average profit was for the most part identical to the bear, so the concept was not bear dependent and it does work!
The following are the stats during the 2000+ bear where a buy and hold on SPY saw a loss of -35.72% and these stats precede the individual trades I will list in 5 follow-on posts (I limited the stats and posts to the 2000+ bear since that's where the most interest lies and because the length of the list is at the upper limit of what's postable on CS). Again, remember the Exit criteria - which ever came first:
Index Max Profit/ Max Loss/ Max Days/ Overall
Product Trade Exit Trade Exit Trade Exit Profit
-------- ---------- ---------- ---------- --------
CBOE INX No R3's
CBOE SPX 10% 15% 90 86.76%
CBOE DJX 7% 15% 90 768.28%
CBOE OEX 10% 15% 90 12.64%
CBOE NDX 9% 15% 90 1086.81%
CME SPX 7% 15% 90 774.21%
Those overall profit results are very much self explanatory! Enough said.
Scam, if you would like to see the result using other parameters, R4, R5, etc, say the word. This stuff is all automated and requires very little of my time. (This post was the exception!)
fundtimer
Replies to this Post:
----------------------------------------------------------------
From: scamman Replying To : fundtimer (post 9463) Apr 25 2003 4:55PM
Title: Thanks, Fund...
...I need to take off right now, but I really appreciate your detailed work. I will get back to you next week to tweak things if needed. If nothing else, future queries abour R3 can simply be referred to this set of posts! Thanks again.
------------------------------------------------------
from fundtimer on Apr 25 2003 4:59PM
9473 Once more
from fundtimer on Apr 25 2003 5:03PM
9474 Hi fund, re R3
from Juker on Apr 25 2003 6:19PM
9505 R3 Dissected
from patelcg on Apr 27 2003 12:51PM
9523 Fund
from twodoorhardtop on Apr 28 2003 11:42AM
2bit, Did you refer to DD meaning Double Deuce??
There was not a Double Deuce, that means a trin or trinq close over 2 on two consecutive days, not intraday highs over 2.
If you meant something else by DD, I don't know what you meant,
bobjack
What is an R3? -- See the link below:
I cannot PM - I am a free iHub user..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=12881363
bobjack
Gleno there were R3s on CME SPX Index and Index Futures on Both last thur and fri --- thur + 3 days is tues; and fri + 3 is wed.
IF it works,
bobjack
Gleno, Dang Boy, you have Influence LOL
2bit-nothing, links to CME Put n Call Volumes n OI
they are long , you prob need to copy n paste into your address bar
options on spx futures:
http://www.cmegroup.com/daily_bulletin/Section02_Summary_Volume_And_Open_Interest_(Excludes%20TRAKRS)_Comm_Alt_Invest_And_Equity_Index_Futures_And_Options_2008207.pdf
-------------------------------------------------
options on spx index:
http://www.cme.com/trading/dta/del/delayed_quote.html?ProductSymbol=SP&ProductFoiType=OOF&ProductVenue=R&ProductType=idx
http://www.cme.com/html.wrap/wrappedpages/end_of_day/daily_settlement_prices/os.html?h=1
bobjack
partimer1, I am sure you saw it, Nother R3 on CME SPX TODAY, just in case you didn't, and note these facts (which I had not picked up on) from:
THE BIG PICTURE -- SLOITC's -- FEAR/BREADTH -- Buffett Hair Trigger
By:Peter B. Robinson
(10/31 -- 1530 EDT -- Fasten seat belts for final 30 minutes IMO.
(1255 EDT) -- Ominous rising wedge IMO. [bottom p. 2]
60 min spx chart link referenced above -- look at last chart
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID147612&cmd=show[s148214737]&disp=O
Monday could be the big smack down -- I know no one else expects it til after election -- well, SPX P2C over 3, two days in a row, solid waste management dictates that one should not stand behind the fan for a few days --
senty, I agree with you, note these facts (which I had not picked up on) from:
THE BIG PICTURE -- SLOITC's -- FEAR/BREADTH -- Buffett Hair Trigger
By:Peter B. Robinson
(10/31 -- 1530 EDT -- Fasten seatbelts for final 30 minutes IMO.
(1255 EDT) -- Ominous rising wedge IMO. [bottom p. 2]
60 min spx chart link (below) referenced above -- look at last chart
I think you will need to copy the WHOLE link and past into your browser -- looks like the link gets clipped/shortened in ihub post preview.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID147612&cmd=show[s148214737]&disp=O
IMHO, Monday is the big gap down or smack down, first half of the day -- I know no one else expects it til after election -- if general population thinks Nobama is bad for market, WHY NOT give em another taste of BAD Market, Steal the Bounce from em -- well, CME SPX P2C over 3, two days in a row (thur and fri), solid waste management dictates that one should not stand behind the fan for a few days --
Thanks PT
Definitions of GOM on the Web:
* A silly foolish person
en.wiktionary.org/wiki/gom
This was my FIRST find, THEN, I decided to ask YOU,
LOL
GOM = Gap Open Magget -- You're sick, OOPS,
That was
GOM = Gap Open Magnet
blasher, what is a GOM, GRIN
bobjack
michael03332002, DUH, I missed your point, I thought you were serious about the definition, DOH, I be slo today,
bobjack