BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 12:43 pm
A closed (daily) above Red line will confirm short term bottom is in. until then bulls got more work to do. the old man said "Don't confuse forest with the tree" I still don't know what that means
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BullBear52x on Thu Nov 15, 2018 12:46 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra
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Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Nov 15, 2018 12:45 pm
exceeded the mini target so it's the very first good sign toward a bottom but still generally a revisit is required.
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brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Thu Nov 15, 2018 12:48 pm
26.50ish on the xlf the wall..been great overall shorting point. see if she holds..
anyone like jpm for a short? GS did - 7% in a day....jpm relatively ok to date..
Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Thu Nov 15, 2018 12:58 pm
Don't want to be a kill joy but tomorrow is options expiration. We were told that century marks and 50 marks are major price points so if we just sit here then I am guessing at max pain so either way on Monday.
Cobra
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by Cobra » Thu Nov 15, 2018 1:06 pm
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Nov 15, 2018 1:10 pm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Nov 15, 2018 1:11 pm
Theresa May live soon
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
EkOnkaar
Posts: 53 Joined: Wed Mar 02, 2011 9:58 am
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by EkOnkaar » Thu Nov 15, 2018 1:15 pm
Fed is essentially talking about Stagflation. What's the typical market performance during such phase(s)?
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 1:16 pm
No new HOD from where we at (2700ish) the intraday counter trend setup will trigger, but dip will be bought this time. let see.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 1:23 pm
for now this is my wishful thinking.
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K447
Posts: 763 Joined: Fri Aug 26, 2011 10:43 am
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by K447 » Thu Nov 15, 2018 1:25 pm
EkOnkaar wrote: ... Stagflation. What's the typica l market performance during such phase(s)?
Typical suggests there have been enough of them that there is a meaningful data set.
How many stagflation periods have there been since WWII ?
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Nov 15, 2018 1:26 pm
Al_Dente wrote: Theresa May live soon
NOW
(may move the markets, as they've been talking about it all morning)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:02 pm
Buy the dip, same playbook. new HOD is not needed but a must for bulls.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
K447
Posts: 763 Joined: Fri Aug 26, 2011 10:43 am
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by K447 » Thu Nov 15, 2018 2:06 pm
BullBear52x wrote: ... new HOD is not needed but a must for bulls.
Not needed for what?
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:10 pm
BullBear52x wrote: Buy the dip, same playbook. new HOD is not needed but a must for bulls.
I was too early to call a buy, for now the buy has not fail, will update the chart once my signals agreed.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:12 pm
K447 wrote: BullBear52x wrote: ... new HOD is not needed but a must for bulls.
Not needed for what?
A must have new HOD or bulls are dead again. ( not just needed but a must, bad word choice)
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:13 pm
BullBear52x wrote: BullBear52x wrote: Buy the dip, same playbook. new HOD is not needed but a must for bulls.
I was too early to call a buy, for now the buy has not fail, will update the chart once my signals agreed.
OK, now no failed under 50%
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:17 pm
$TRIN still behind the bulls, well under 1.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Nov 15, 2018 2:19 pm
My comments are for entertainment/educational purpose only. NOT a trade advice.