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08/09/2012 Live Update

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MrMiyagi
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Re: 08/09/2012 Live Update

Post by MrMiyagi »

usctrojan99 wrote:I would not be surprised if we end at the day's high to put another stake into bears.

Mmmmmmmmmmmmm........ steak....................
SB73
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Re: 08/09/2012 Live Update

Post by SB73 »

Petsamo wrote:The bears need to finish this thing at lower levels. Otherwise, the rally will continue.
Petsamo,

Do you have statistics to support this? Just curious how the claim is made.
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Cobra
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Re: 08/09/2012 Live Update

Post by Cobra »

noob wrote:
Cobra wrote:
SB73 wrote:Cobra,

I once remember some stats on up days with declining volume. It looks like spy is on 3 with a chance at making a 4th. Any stats?
it has to be on a constantly decreasing volume. We're not in this case at all.
Cobra, time for the 7 day only 1 red day rule maybe?
that apply for a bottom.

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SB73
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Re: 08/09/2012 Live Update

Post by SB73 »

Cobra wrote:
SB73 wrote:Cobra,

I once remember some stats on up days with declining volume. It looks like spy is on 3 with a chance at making a 4th. Any stats?
it has to be on a constantly decreasing volume. We're not in this case at all.
thanks I thought it was 3 days
stucap
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Re: 08/09/2012 Live Update

Post by stucap »

looks like a little double top? bears not really rolling over yet.
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Petsamo
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Re: 08/09/2012 Live Update

Post by Petsamo »

SB73 wrote:
Petsamo wrote:The bears need to finish this thing at lower levels. Otherwise, the rally will continue.
Petsamo,

Do you have statistics to support this? Just curious how the claim is made.
I'm just going by my spreadsheet which has as much (un)reliability as any technical indicator
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noob
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Re: 08/09/2012 Live Update

Post by noob »

Cobra wrote:
noob wrote:
Cobra wrote:
SB73 wrote:Cobra,

I once remember some stats on up days with declining volume. It looks like spy is on 3 with a chance at making a 4th. Any stats?
it has to be on a constantly decreasing volume. We're not in this case at all.
Cobra, time for the 7 day only 1 red day rule maybe?
that apply for a bottom.
Damn thanks.
OverUnder
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Re: 08/09/2012 Live Update

Post by OverUnder »

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Al_Dente
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Re: 08/09/2012 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 08/09/2012 Live Update

Post by BullBear52x »

bulls are determined, I can not be too bearish unless 140.32 is taken out.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 08/09/2012 Live Update

Post by Cobra »

nothing to say, the bias is a little little up.
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Al_Dente
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Re: 08/09/2012 Live Update

Post by Al_Dente »

Tom Bolinger has the TRIN for each sector…….and more
delayed
Hover over the little chart symbol to the left of the sector name and get a bolinger chart
http://www.bollingeronbollingerbands.com/structure/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Re: 08/09/2012 Live Update

Post by MrMiyagi »

BullBear52x wrote:bulls are determined, I can not be too bearish unless 140.32 is taken out.
Yep, 140.30$ has been a magnet past 3-4 days.
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EvilTrader
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Re: 08/09/2012 Live Update

Post by EvilTrader »

This is what bulls were spot doing last hour or so... :lol:
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BullBear52x
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Re: 08/09/2012 Live Update

Post by BullBear52x »

MrMiyagi wrote:
BullBear52x wrote:bulls are determined, I can not be too bearish unless 140.32 is taken out.
Yep, 140.30$ has been a magnet past 3-4 days.
I posted fib extension at my blog. bears still have a chance today.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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MrMiyagi
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Re: 08/09/2012 Live Update

Post by MrMiyagi »

BullBear52x wrote:I posted fib extension at my blog. bears still have a chance today.
Damn your dark background color!!!!
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Al_Dente
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Re: 08/09/2012 Live Update

Post by Al_Dente »

“When machines replace seasoned traders and market makers, mistakes can occur at dizzying speed…”
http://www.bloomberg.com/news/2012-08-0 ... erils.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Re: 08/09/2012 Live Update

Post by MrMiyagi »

Al_Dente wrote:“When machines replace seasoned traders and market makers, mistakes can occur at dizzying speed…”
“When machines replace seasoned traders and market makers, fleecing of mom and pop investors will occur at dizzying speed…”

There.. corrected.
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BullBear52x
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Re: 08/09/2012 Live Update

Post by BullBear52x »

MrMiyagi wrote:
BullBear52x wrote:I posted fib extension at my blog. bears still have a chance today.
Damn your dark background color!!!!
I know you said that before, but I am too lazy, If I change background I will need to change all my drawing color to default, how unprofessional will that look :lol: :lol: :lol:
My comments are for entertainment/educational purpose only. NOT a trade advice.
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MrMiyagi
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Re: 08/09/2012 Live Update

Post by MrMiyagi »

BullBear52x wrote: I know you said that before, but I am too lazy, If I change background I will need to change all my drawing color to default, how unprofessional will that look :lol: :lol: :lol:
It will take you 3 minutes to please an old man's wishes...
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