Trades with cats wrote:Buybacks don't help if the founder and the CEO are unloading cough, Faceplant, cough.
yes yes! speaking of which, TSLA and great Musk after hours and nasdaq still green, that index not a bad short candidate after appl blow off (tariff risk with the big fruit too) imo...
1der wrote:All the PBars from last night and especially the ones from the morning Pbars, all hit and identified turning points for today.
The green lines are the ones from this morning, and the lowest green line is from yesterday morning.
2018-08-01_11-40-17.jpg
Broda, I like the post, but how do I use it? Pulling the trigger ain't easy bra.
Does anyone have an idea?
1der wrote:All the PBars from last night and especially the ones from the morning Pbars, all hit and identified turning points for today.
The green lines are the ones from this morning, and the lowest green line is from yesterday morning.
2018-08-01_11-40-17.jpg
Broda, I like the post, but how do I use it? Pulling the trigger ain't easy bra.
Does anyone have an idea?
I know, i know - I have not yet figured out how to use it profitably, but I am working with it to identify potential support/resistance levels along with the 9 and 20 ema. I am alos looking at decerning the afternoon PBars from the morning PBars to see if one has more meaning during regular session. I am seeing the afternoon PBars regularly get hit between the regular close and extended close.
I am hoping someone here can find a tie-in with their analysis and we can "de-code" the info to make it useful. I have no issue stopping the post if it is messing with people's trading.
1der wrote:I know, i know - I have not yet figured out how to use it profitably, but I am working with it to identify potential support/resistance levels along with the 9 and 20 ema. I am alos looking at decerning the afternoon PBars from the morning PBars to see if one has more meaning during regular session. I am seeing the afternoon PBars regularly get hit between the regular close and extended close.
I am hoping someone here can find a tie-in with their analysis and we can "de-code" the info to make it useful. I have no issue stopping the post if it is messing with people's trading.
P-Bars are thought to be dark pool prints (bread crumbs?), and I find that they are hit more often than not. Timing is always the tricky part.
I appreciate you posting them! If they confuse other traders, then they should ignore the P-Bars. JMHO
Have watched the P Bar work on this forum for years now. Bound to eventually lead to something. In the meantime there is Einstein "If we knew what we were doing we wouldn't call it research".
Buffet's Berkshire Hathaway owns 239.6 million shares of Apple as of March quarter-end, according to FactSet.
With today'smore than 9 point rally in the shares, Buffett's company is up approximately $2.3 billion on its position, assuming it hasn't sold shares since then.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
As the late Senator Everett Dirkson famously said on the floor of the U.S. Senate:
“A billion here, a billion there, pretty soon you’re talking about real money.”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
QED wrote:.
I leave P-Bars and open gaps on my charts until they get hit/filled. .
That means you have them going back to March 2009 when the market bottomed.
I noticed that the P-Bars are usually gap points or support/resistance levels on the daily chart (or any timeframe). Any others are usually meaningless.
Last edited by Clueless on Wed Aug 01, 2018 4:05 pm, edited 1 time in total.
QED wrote:.
I leave P-Bars and open gaps on my charts until they get hit/filled. .
That means you have them going back to March 2009 when the market bottomed.
I noticed that the P-Bars are usually gap points or support/resistance levels on the daily chart. Any others are usually meaningless.
A "Clueless" assumption?
I have only been following P-Bars in recent years.
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QED wrote:.
I leave P-Bars and open gaps on my charts until they get hit/filled. .
That means you have them going back to March 2009 when the market bottomed.
I noticed that the P-Bars are usually gap points or support/resistance levels on the daily chart. Any others are usually meaningless.
A "Clueless" assumption?
I have only been following P-Bars in recent years.
That wasn't my point. I meant that since price hasn't gone back down to retest 2009 lows, it means uncountable unfilled P-Bars still exist.