Back to www.cobrasmarketview.com

Weekend Watering Hole

MajorEasy
Posts: 223
Joined: Wed Feb 16, 2011 9:53 pm

Re: Weekend Watering Hole

Post by MajorEasy »

2 bars per day with pre-market
volume ratio is a favorite indicator but it has a flaw, it shows the ratio of trades at the "bid" versus the "ask".
if a stock is being heavily shorted it will record these trades at the "ask" thus volume ratio can be distorted...
Attachments
2 bars.PNG
the market's goal is to distribute the wealth of many to as few hands as possible
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: Weekend Watering Hole

Post by 99er »

SPX
Wow!
http://99ercharts.blogspot.com/2011/06/spx_392.html
Just look at that damage.

Have a great weekend!
MajorEasy
Posts: 223
Joined: Wed Feb 16, 2011 9:53 pm

Re: Weekend Watering Hole

Post by MajorEasy »

When some traders sell their stock positions, they park their money in TLT
TLT's inverse correlation to SPY is 70%
Attachments
tlt.PNG
the market's goal is to distribute the wealth of many to as few hands as possible
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: Weekend Watering Hole

Post by 99er »

Thanks, MajorEasy, for your informative charts! Perhaps next week, instead of posting in an old thread, please feel free to start a new one. This way, readers don't have to hassle with my old (and now empty) links.

A few more... http://99ercharts.blogspot.com/

Thanks again and have a great weekend!
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: Weekend Watering Hole

Post by cougar »

Nice charts MajorEasy, 99er & BullBear!
Have a nice weekend!
BBL
Post Reply