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edwindes wrote:Cobra wrote:well, as I said yesterday, the 4th leg down and unfortunately it's still strong, so need more evidences before calling a possible reversal. this market really is sick.
Hi Cobra,
Do you watch TRIN to determine if a trade-able bottom is in? I notice TRIN today is not as high as the last 2 days and the reason is that the up volume to down volume ratio is about 10x better than yesterday. Is this a sign that the selling this morning was panic orders issued last night that were executed this morning and that the big boys were buying here?
Appreciate your views.
TIA,
edwin
BullBear52x wrote:side ways it is, now we are grinding into a boring phase![]()
I am done today, Thanks Cobra may the power that be bless your account. I just know this week that the snake is wearing glasses.
uempel wrote:Check out green Andrews Fork, should hold. I'm still long(bought yesterday at 1209) and have not covered yet.
AK84 wrote:uempel wrote:Check out green Andrews Fork, should hold. I'm still long(bought yesterday at 1209) and have not covered yet.
will u hold long over the weekend ?
thats what i really want to know coz i know we are close to a bottom but damnnn if im wrong we are burning on monday . hold or not to hold
trust_yr_instinct wrote:the only big question is, do you believe this is the END of the bull that started march 09 ??
99er wrote:Crosstown Traffic
SPX http://99ercharts.blogspot.com/2011/08/spx_6709.html
Or as Jimi would have it...
http://www.youtube.com/watch?v=YUCNsZXCd58
uempel wrote:Check out green Andrews Fork, should hold. I'm still long(bought yesterday at 1209) and have not covered yet.
Cobra wrote:measured move, by the way. personally I don't believe the target yet, but as usual, whether I believe it or not doesn't matter. what matters is I provide unbiased info to help you to decide.
uempel wrote:Well, green Andrews Fork did not hold
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