MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Aug 09, 2012 3:02 pm
usctrojan99 wrote: I would not be surprised if we end at the day's high to put another stake into bears.
Mmmmmmmmmmmmm........ steak....................
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Thu Aug 09, 2012 3:04 pm
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.
Cobra
Site Admin
Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Aug 09, 2012 3:05 pm
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
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Thu Aug 09, 2012 3:05 pm
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
Posts: 994 Joined: Thu Jul 14, 2011 12:25 pm
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by stucap » Thu Aug 09, 2012 3:06 pm
looks like a little double top? bears not really rolling over yet.
Petsamo
Posts: 3339 Joined: Thu Jun 30, 2011 2:22 pm
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by Petsamo » Thu Aug 09, 2012 3:07 pm
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
Twitter @jackwag0n
noob
Posts: 532 Joined: Mon Oct 17, 2011 2:54 pm
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by noob » Thu Aug 09, 2012 3:13 pm
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.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Aug 09, 2012 3:17 pm
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 Aug 09, 2012 3:19 pm
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.
Cobra
Site Admin
Posts: 58344 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Aug 09, 2012 3:20 pm
nothing to say, the bias is a little little up.
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Aug 09, 2012 3:21 pm
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.
MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Aug 09, 2012 3:22 pm
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.
EvilTrader
Posts: 675 Joined: Tue Feb 15, 2011 2:40 pm
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by EvilTrader » Thu Aug 09, 2012 3:24 pm
This is what bulls were spot doing last hour or so...
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BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Aug 09, 2012 3:24 pm
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.
MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Aug 09, 2012 3:26 pm
BullBear52x wrote: I posted fib extension at my blog. bears still have a chance today.
Damn your dark background color!!!!
MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Aug 09, 2012 3:30 pm
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.
BullBear52x
Posts: 29516 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Aug 09, 2012 3:31 pm
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
My comments are for entertainment/educational purpose only. NOT a trade advice.
MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Thu Aug 09, 2012 3:33 pm
It will take you 3 minutes to please an old man's wishes...