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Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:02 pm
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....................

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:04 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:05 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:05 pm
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

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:06 pm
by stucap
looks like a little double top? bears not really rolling over yet.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:07 pm
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

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:13 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:15 pm
by OverUnder

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:17 pm
by Al_Dente

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:19 pm
by BullBear52x
bulls are determined, I can not be too bearish unless 140.32 is taken out.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:20 pm
by Cobra
nothing to say, the bias is a little little up.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:21 pm
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/

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:22 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:24 pm
by EvilTrader
This is what bulls were spot doing last hour or so... :lol:

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:24 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:26 pm
by MrMiyagi
BullBear52x wrote:I posted fib extension at my blog. bears still have a chance today.
Damn your dark background color!!!!

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:27 pm
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

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:30 pm
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.

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:31 pm
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:

Re: 08/09/2012 Live Update

Posted: Thu Aug 09, 2012 3:33 pm
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...