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Thanks, Cobra....as always. Have a good weekend - make a small holiday out of it, perhaps?Cobra wrote:so far consolidation above support, seems breakdown is just matter of time...Anaconda wrote:Good chart, thanks. Indicators, as I read them, point to buying opp for next week. But, money flow worries me.MajorEasy wrote:1 min.
here's the secret sauce
How do you folks all read this? Any thoughts to share for next week...anyone? Class? Anyone?
lol, nah i'm still around but watching the tour de france while trading so not posting too much. nice short scalp... i guess traders are betting on QE3 with today's weak data or dollar demise from a default. regardless i will follow the money have a good one.Anaconda wrote:
Thought you'd checked out already! I oovered earlier for a small profit. Nutty market. We'll probably pop over the weekend for no good reason. I figure "they" will try to scare the public with the debt ceiling show next week, by letting the markets do their natural thing (sans POMO and the like).
Have a good one.
I don't know the next week, I just said statistically, at least we'll have a lower low the next week, doesn't mean it's red. the seasonality is bearish for the next week though.AK84 wrote:Cobra since this was a red OE week but is sittting on a backtest of broken trendline, MA 20 plus MA 5 on weekly, u still think next week will be unpleasant ? I would think we would have a green week next week (not a huge one though). but ur the man !
i think that is because aapl is not going to do well in their ER. just a guess....plus i dont like the straight line up on the chart....just a guess....please aapl fansss dont kill me...(im a huge aapl fan too )!Cobra wrote:I don't know the next week, I just said statistically, at least we'll have a lower low the next week, doesn't mean it's red. the seasonality is bearish for the next week though.AK84 wrote:Cobra since this was a red OE week but is sittting on a backtest of broken trendline, MA 20 plus MA 5 on weekly, u still think next week will be unpleasant ? I would think we would have a green week next week (not a huge one though). but ur the man !
AK84 wrote:i think that is because aapl is not going to do well in their ER. just a guess....plus i dont like the straight line up on the chart....just a guess....please aapl fansss dont kill me...(im a huge aapl fan too )!Cobra wrote:I don't know the next week, I just said statistically, at least we'll have a lower low the next week, doesn't mean it's red. the seasonality is bearish for the next week though.AK84 wrote:Cobra since this was a red OE week but is sittting on a backtest of broken trendline, MA 20 plus MA 5 on weekly, u still think next week will be unpleasant ? I would think we would have a green week next week (not a huge one though). but ur the man !
Do you mean a high probability of a gap down (of any size) or a probability of a huge gap down on monday ?BullBear52x wrote:If the TICK and TICKQ MA band stay below 200ma on my 1min. chart, gap down Monday is high, what I see now is reaction to selling, the PPT is on the alert.
it's plastic, I want a real one.jimmythegeek wrote:Cobra--Thanks for running this--I have followed since the beginning and have learned a lot that I wish I knew in another lifetime when I was standing in a crowd and scalping for the spreads. Have a great weekend, and if the avatar works it is a small gift for you.....
Yes, high probability of gap down, I see a good support at 129.5-ish.EvilTrader wrote:Do you mean a high probability of a gap down (of any size) or a probability of a huge gap down on monday ?BullBear52x wrote:If the TICK and TICKQ MA band stay below 200ma on my 1min. chart, gap down Monday is high, what I see now is reaction to selling, the PPT is on the alert.
possible path for next weekAnaconda » Fri Jul 15, 2011 12:33 pm
MajorEasy wrote:1 min.
here's the secret sauce
Good chart, thanks. Indicators, as I read them, point to buying opp for next week. But, money flow worries me.
How do you folks all read this? Any thoughts to share for next week...anyone? Class? Anyone? Anaconda Posts: 180Joined: Fri May 06, 2011 12:57 pm
So do I!!!! Best I can do on short notice for either of us. They just put this up by the Michigan Ocean.Cobra wrote:it's plastic, I want a real one.jimmythegeek wrote:Cobra--Thanks for running this--I have followed since the beginning and have learned a lot that I wish I knew in another lifetime when I was standing in a crowd and scalping for the spreads. Have a great weekend, and if the avatar works it is a small gift for you.....
You know what is funny. ZAGG which makes accesories for all these IPHON's cr***P is doing very well. I wonder how far it can go up before getting shorted.AK84 wrote:i think that is because aapl is not going to do well in their ER. just a guess....plus i dont like the straight line up on the chart....just a guess....please aapl fansss dont kill me...(im a huge aapl fan too )!Cobra wrote:I don't know the next week, I just said statistically, at least we'll have a lower low the next week, doesn't mean it's red. the seasonality is bearish for the next week though.AK84 wrote:Cobra since this was a red OE week but is sittting on a backtest of broken trendline, MA 20 plus MA 5 on weekly, u still think next week will be unpleasant ? I would think we would have a green week next week (not a huge one though). but ur the man !
Tabby wrote:You know what is funny. ZAGG which makes accesories for all these IPHON's cr***P is doing very well. I wonder how far it can go up before getting shorted.AK84 wrote:i think that is because aapl is not going to do well in their ER. just a guess....plus i dont like the straight line up on the chart....just a guess....please aapl fansss dont kill me...(im a huge aapl fan too )!Cobra wrote:I don't know the next week, I just said statistically, at least we'll have a lower low the next week, doesn't mean it's red. the seasonality is bearish for the next week though.AK84 wrote:Cobra since this was a red OE week but is sittting on a backtest of broken trendline, MA 20 plus MA 5 on weekly, u still think next week will be unpleasant ? I would think we would have a green week next week (not a huge one though). but ur the man !