InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,308.13
(
0.09%
)
US TECH 100
18,176.00
(
-0.11%
)
Dow Jones
39,806.77
(
-0.49%
)
Brent Oil
82.90
(
-0.76%
)
Bitcoin
70,865.81
(
-0.82%
)
Post# of 19037
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Frank Pembleton

Send PM Follow Ignore
Followers 52
Posts 7849
Boards Moderated 2
Alias Born 07/15/2002

Frank Pembleton

Member Level

Re: ItsAllCyclical post# 18882

Wednesday, 05/06/2009 3:35:28 PM

Wednesday, May 06, 2009 3:35:28 PM

Post# of 19037
IAC ... yes too early to short - ADX is strong, strong enough to eclipse the CCI indicator which is now pushing close 300 - whenever I see the CCI indicator this hot I start looking at EOD candlesticks.

gold, oil and banks are green, but it's the stuff that's in the red that has me scratching my head.

...nevertheless... since I'm sitting here in front of a monitor I did take the banking sector short about an hour ago and I'm up close to 4% (2x bear fund)


FP........................................................

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up