ThinkorSwim TA and More

[2bit-nothing]

Bob & Beer,

I guess you are both right. My take is whatever gains tomorrow will dissipate by the close for Thursday is claim nos. day again and people are afraid of another bad set of numbers, but by Friday, it will depend on the all important ISM no. if good it will rally to 1170 at least else the market will tank to complete the bigger turning H&S.

Do you folks follow the chart pattern trader? I have not for a while but seems refreshing when taking a peek again, TTheory and Carl Futia are both bogus....

The following is a comment from Cobra today

"I wonder if you still remember the setup for the last 2 trading days of each month since August 2009? Today actually should be an up day, so no surprise. Now let’s see if the rest part plays out: Sell short at today’s close and cover before 09/30 close, your odds of winning something WERE 12 out of 13."


2bit