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One thing you may want to look for is a break below or above a significant support/resistance level on heavy volume with that level successfully retested.q2model wrote:Cobra wrote:Yeah, you understand me. I don't want to be that early worm who gets eaten by bird. I'll use you or anyone who front run as my shield.BullBear52x wrote:This is how I read Cobra: He is slowing his acceleration, will be in full stop shortly, and after that he will change gear, the speed is to be determined since Cobra is a very careful driver unlike me.Cobra wrote:multiple supports here, so still not bad looking for bulls.
But how do you decide a trend is changed? what is used to decide? Let's say today's market drops 1% at close, would you think the trend is down or at least unconfirmed?
this is good one, cold beer or hot beer, full beer or half beer it's OK by meAl_Dente wrote:1 min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
“When a glass sits on a table here, people don't wonder if it's half filled or half empty. They just hope it's good beer.”
[Sherman Alexie, author, “The Lone Ranger and Tonto Fistfight in Heaven”]
thanksCobra wrote:RSP is equal weighted SPX ETF. so if RSP leads up, it means the up is broad based not because simply a few heavy weighted stocks therefore the quality is better than simply SPY is up alone, right?BlackThought wrote:is RSP a leading indicator?Cobra wrote:RSP still looks strong, so still bulls are not bad.
I enjoy the commentary, makes things light and fun, and his charts are informative...like 99er says, if you have something better to say, then provide a chart, etc... we are all here to learn and share, not bash....99er wrote:BlackThought: "his charts are informative, but the commentary is annoying."
Gee thanks, dude. Why don't you share some charts?
Super hot!Al_Dente wrote:PAGING Baron von GoodLooking
I’ll meet you at this P-Bar for a drink, and we’ll discuss… (“I’m at work” advisory)
http://www.youtube.com/watch?v=zX0gDdZFiJ4
My opinion: NO because I use 200ma 1min. chart to gauge my flag. this is why people confuse when the flag end or invalid you have to use something to measure it, let it be 20ma in 5min or 5ma in daily chart. if you use nothing than it is just a zig zag the low and high of it weight most like HH/LH or HL/LL for that maters.tdo722 wrote:BB52x,
Does this look like a bear flag?
Cool thank you much!BullBear52x wrote:My opinion: NO because I use 200ma 1min. chart to gauge my flag. this is why people confuse when the flag end or invalid you have to use something to measure it, let it be 20ma in 5min or 5ma in daily chart. if you use nothing than it is just a zig zag the low and high of it weight most like HH/LH or HL/LL for that maters.tdo722 wrote:BB52x,
Does this look like a bear flag?
I like your charts, kiddo. I am your number #1 charts'fan. Your chart beats Kenny'chart.99er wrote:There are wankers on every board.
Yeah, up so much, probably good time for a short term short!HappyFriday wrote:Unbeatable market !
By the way, who made a good call on solar sector ? Up 30%+ today !
Haha so funny.Cobra wrote:if that bird is big enough, even python is merely a worm to it.SigmaEcho wrote:
thought Cobra was snake