hmm, strong close. bears dare not hold over the weekend.
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Last two StockTwits updates. The developer isn't always at his machine, but has been a fair amount lately. Since he designed it his interpretation of what he is looking at clearly trumps mine:
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HFTAlert
nice patch of algo buy spikes shown on hft alert and the accumulator $SPY http://chart.ly/sil2yow
Feb. 10 at 3:47 PM
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HFTAlert
this spike isn't that large-market very thin here-any larger than this a big move.. accum extension
You can follow this at this link (no solicitations that I see are on StockTwits...we each could do it if we liked and I heard Doug Cass uses "Gun to my head...." quite often) http://stocktwits.com/HFTAlert
CRR is mighty close to my measured move target of 85'ish. I took half my put profits today. Letting the other ride, we may see low 70's, but I won't hold my breath for it. It's looking like it needs a relief rally soon.
BullTart wrote:Sold 6300 TVIX shares earlier and cashed in.
Will be back to play when the signals tell me to.
Crocodile had its fill for now. See you next chomp chomp time.
No reason to get too greedy we hit the upper bollinger and it made sense to cash in the chips. I have cashed all but a few lonely chips for the weekend. GLTA
well, guess that's it for today. no conclusion, we'll have to wait for the next Monday. the rebound before the close is actually not good for bulls because it eliminated the guarantee for a green Monday. bears on the other hand as I mentioned last night have the target to meet before the Monday end, so still have lots of to do. Thank you guys, I'll see you the next Monday.
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Cobra wrote:well, guess that's it for today. no conclusion, we'll have to wait for the next Monday. the rebound before the close is actually not good for bulls because it eliminated the guarantee for a green Monday. bears on the other hand as I mentioned last night have the target to meet before the Monday end, so still have lots of to do. Thank you guys, I'll see you the next Monday.
consolidation before the next leg down? or does'n apply to down moves?
CRR is mighty close to my measured move target of 85'ish. I took half my put profits today. Letting the other ride, we may see low 70's, but I won't hold my breath for it. It's looking like it needs a relief rally soon.
Here is message from Cougar:
VolpinacciFeb 10, 2012 10:21 AM
For the snakes who might remember my previous CRR call:
due to the present condition of its industry, target was now lowered to ~82. http://twitpic.com/8i3qtj
My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra wrote:well, guess that's it for today. no conclusion, we'll have to wait for the next Monday. the rebound before the close is actually not good for bulls because it eliminated the guarantee for a green Monday. bears on the other hand as I mentioned last night have the target to meet before the Monday end, so still have lots of to do. Thank you guys, I'll see you the next Monday.
VIX closed well within the bollinger so could be an interesting Monday.