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kiy

10/23/12 4:35 PM

#3377 RE: kiy #3373

Daily close outside Bollinger Band...
I may have burnt myself on a doubleCheckMate...Live and learn...its only a more than 2 week scalp by some mis-informed definitions...others appropriately call it swing trading...
We had a TRIN spike above 3.0 on the open and spent most of day above 2.50...which suggest a little more up than 10 points is due.
Some sort of capitulation when 1430 failed ...?...We "should" get 1 or 2 more CCI cycles before daily is done unless the bankerCROOKS have another better plan to manipulate the market (QEternity) and maybe the elections...
See what news looks like over night...and FEDspeak next couple days...
10 minute...