Cobra
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Posts: 58333 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Feb 29, 2012 4:40 pm
volume keeps increasing, so still needs see the next bar.
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jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
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by jarbo456 » Wed Feb 29, 2012 4:40 pm
gc continues it's tank...pretty close to matching record 1 day drop in price...
Cobra
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Posts: 58333 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Feb 29, 2012 4:42 pm
testing the previous low, key time. I think we'll see rebound here as I read the previous bar as exhaustion bar (biggest bar plus volume surge).
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BullBear52x
Posts: 29511 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Feb 29, 2012 4:43 pm
Thanks Cobra and everyone, GLTA
TA Note: SPY got a bearish crossed per my read. also see XLF one more bear obstacle trades down a notch will really be of help to da bears.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
KeiZai
Posts: 2827 Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE
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by KeiZai » Wed Feb 29, 2012 4:44 pm
whiiiiiiiii
squeeze was in, more tomoro
Thanks all!!! had a good ride today
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Wed Feb 29, 2012 4:45 pm
soku wrote: as i was cutting the chart es dropping. if 1364 area cannot hold, the next stop is 1355-57 area
i think 1364 holds. divg is not following the drop. me out. now the market is bullbear's.
The goal is not uniformity. It is understanding and idea exchange.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Feb 29, 2012 4:46 pm
H&S complete... now need a neckline break, or gap down tomorrow.
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stucap
Posts: 994 Joined: Thu Jul 14, 2011 12:25 pm
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by stucap » Wed Feb 29, 2012 4:48 pm
fehro wrote: H&S complete... now need a neckline break, or gap down tomorrow.
gap down? what's that?
knock
Posts: 338 Joined: Mon Sep 12, 2011 9:42 am
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by knock » Wed Feb 29, 2012 4:48 pm
any opinion on copper?
jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
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by jarbo456 » Wed Feb 29, 2012 4:51 pm
JBTFC....
just by the f'n close...
SWalsh
Posts: 1266 Joined: Thu Dec 29, 2011 5:07 am
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by SWalsh » Wed Feb 29, 2012 4:51 pm
And again, trendlines are where the algos decide to trade:
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SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Wed Feb 29, 2012 4:52 pm
stucap wrote: fehro wrote: H&S complete... now need a neckline break, or gap down tomorrow.
gap down? what's that?
You are nominated for the best comment of the day / week / year. Don't worry any gap down will be filled.
SWalsh
Posts: 1266 Joined: Thu Dec 29, 2011 5:07 am
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by SWalsh » Wed Feb 29, 2012 4:53 pm
jarbo456 wrote: gc continues it's tank...pretty close to matching record 1 day drop in price...
I never like being long
ANYTHING when margin calls go out!
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Wed Feb 29, 2012 4:56 pm
SWalsh wrote: jarbo456 wrote: gc continues it's tank...pretty close to matching record 1 day drop in price...
I never like being long
ANYTHING when margin calls go out!
Margin calls can go in either direction
Twitter @jackwag0n
Avitar
Posts: 25 Joined: Tue Jun 14, 2011 2:16 pm
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by Avitar » Wed Feb 29, 2012 4:58 pm
Soku, nice chart thanks
Cobra
Site Admin
Posts: 58333 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Feb 29, 2012 4:58 pm
rebound as I said. guess that's it for today, the bearish engulfing we have today statistically is very very bullish (yes, bullish, not typo) for the next day. Thank you guys, I'll see you tomorrow.
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soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Wed Feb 29, 2012 4:59 pm
somebody posted a good looking chart
http://twitpic.com/8qaees
The goal is not uniformity. It is understanding and idea exchange.
jimme
Posts: 231 Joined: Sat Nov 05, 2011 9:45 pm
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by jimme » Wed Feb 29, 2012 5:00 pm
WOW!! What a day!! Thanks to everyone for the charts and comments and all. GLTA and goodnight. jimme
soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
Post
by soku » Wed Feb 29, 2012 5:01 pm
damn wtf is going on? 1356.75? how can they print my number w/o me?
The goal is not uniformity. It is understanding and idea exchange.
jarbo456
Posts: 2218 Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY
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by jarbo456 » Wed Feb 29, 2012 5:03 pm
/es just spiked down...