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PS...If we do turn down..and NDX can't hold 1280...be prepared for real ugly
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36753649
Maybe...just maybe...high so far..398.91
would be funny if this is one of those buy the rumour ..sell the news thingys this afternoon
something is weird...I've got the VXO going to an hourly BUY right now...either there is no belief in the rally..or the smart money is loading with puts....I believe it's the latter..
might as well look at the weekly....there is a lot of shit on here...but worthwhile looking at..
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=7&mn=6&dy=0&i=p10431539324&a=57601821&r=8596
best to focus on OEX is my opinion
I have a feeling that if we do turn down...it's going to be very quick and nasty...
and breadth is strong...but I have to pay attention to my oex numbers..
Make that above 405 would be a clean breakout...that's a weekly number...
over 402ish is bullish and breakout
http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=8&dy=0&i=p04229052969&a=79663062&r=4863
pretty decent divergence on the daily's on these highs..
Watch oex 399 if we see it...it can top out anywhere here though
vxo is climbing on this ramp
anyone see news?...or have we got a vicious night time squeeze going on.
811 ES could be a very great short
I don't take jokes well....especially when I've been spot on today...I take things when dealing with money very seriously...
I'm off of here for a month or two.
Keep this in mind...first quarter ends probably this Friday for most books....plan on the highs either Friday or early next week...there is pressure to show improvement when statements are opened in April...!!!! YOu can bet your ass they won't let this quarter go by without showing Promise..
of all the gurus that you know and many pay for...I'm free..lol
watch 375 oex..kind of important to hold
we could go up and make another high from here...maybe two more highs..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36553224
just take it step by step for Goodness sakes
if we lose 796..I think a test of 788 is next...ES..
here's the deal..if 810 holds it's a buy...if not you get 806..and that's a buy if hold....if not....796 is next...if that fails...then lower....those are ES numbers...
are those oex numbers good or what?
note the 270..lol
I wish they'd bring back good ole' Denny Crane....Boston Legal....they'd be having a field day with it all!
keep this handy..might be worth following...
http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=8&dy=0&i=p04229052969&a=79663062&r=2229
enough to be cautious...I'm watching my oex numbers...
...breadth as "thrusted" again today...it has to really turn down if we have hit some type of top....more divergence on the hourlys as we make these slight new highs..
You have to watch TV 24 hours a day now to trade...
...late night...prime time... 60 MINUTES etc lol
next hurdle is OEX 391..clear that and then 400/403 is next
new homes at 10
I haven't got a clue...I'm only renting..lol
...just that the set up was there for a trade...nothing more...
a reminder for those interested
http://stockcharts.com/c-sc/sc?s=CME&p=60&yr=0&mn=5&dy=1&i=p08021099281&a=116011602&r=6972
that count isn't valid anymore..it might be good for a bottom but I had one too many subwaves in there....I have so many charts it's impossible to keep them all updated...so if you find an old chart....post it and ask me if it's still valid...
there is also this....
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=3&i=p76513282666&a=81733073&r=4856
..not at all confident of the count...
http://stockcharts.com/c-sc/sc?s=GS&p=60&yr=0&mn=9&dy=18&i=p72629125452&a=102429480&r=8753
thanks Hiker...hadn't looked at that for awhile...I'll clean the chart up and repost
gap filled on es
yes..if the test of parallel support is successful..question is whether it even gets there...it should..