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UNG is my baby, not now for me. 8.88Petsamo wrote:UNG's 1 min chart looks interesting. Right after getting slammed, it picks up very quickly.
BullBear52x wrote:UNG is my baby, not now for me. 8.88Petsamo wrote:UNG's 1 min chart looks interesting. Right after getting slammed, it picks up very quickly.
SB73 wrote:Looks like the 3 push up pattern is still in play although the SPX is riding the upward trendline. I decided to take what appears to be a low risk short. If we close above trendline I will take the loss. GLTA
It broke out above 1700 and the trend remains up... Look at the lifetime trend of gold, is it up or down? Obviously it's safer to buy at the moment.agnosia wrote:a favorite quote of mine:janez wrote:Anyone thinking of shorting Gold?
"Retail traders like to do one thing more than anything else: They like to sell things that are going up and buy things that are going down."
btw i am long some /gc @ 1720 looking for a move up to 1780. might get bumpy though.
Cool thanks!Me XMan wrote:UNG is good for winter...
BullBear52x wrote:UNG is my baby, not now for me. 8.88Petsamo wrote:UNG's 1 min chart looks interesting. Right after getting slammed, it picks up very quickly.
I told you please don't promote your site here. Everything has a limit. I'm a very generous guy already. Please don't push me.standard_and_poor wrote:http://standardpoor.wordpress.com/
the roadmap for today, portfolios and wave count,pics,etc.
yesterday's best performers in the short term high risk portfolio were
gtiv +13.31%, ift +9.82% and spmd +8.57%, most others were slightly
profitable.
closed out all commodity long term shorts on monday, think they'll will follow stock market in sympathy although inflation will be tamed.
watching silver and copper in particular as possible long term longs.
GreedyKojiro wrote:Weak Dollar => Markets will still rally!
yes a short-term pullback is very likely now, just again it's for very experienced traders only.Sank1 wrote:Hello Cobra,
I'm a newbie here. Thank you for the education.
Do you see point 2. from your 10/26 Market Outlook post panning out here, and do you see us setting up for a near-term top and a pullback in the next day or two?
Thank you.
99er, Also enjoy your posts.
Thanks,
you have to see series of decline volume on up bar. those up bars cannot be interrupted. than a sudden volume surge on a little bigger up bar, then it's exhaustion. It's very rare case, so don't hope.frankthetank wrote:Is there not any type of rule with declining volume. On the 15 minute chart we've had 5 straight week green bars on declining volume. The market keeps going up on lower and lower volume. Usually lower volume means trend change. Also everytime we've had p bar the market goes the other way first and maybe two three days later you get a chance to fullfill the p bar