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Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 3:50 pm
by Cobra
could indeed be 3 Push Up pattern, but usually there's another push up. wait.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 3:53 pm
by StudentBill
Petsamo wrote:The case for a gap up tomorrow is my spreadsheet.
The case for a gap down is overseas markets will duplicate our red candlestick.
Yea, I said Monday we'll gap down today. But I keep saying if my spreadsheet predicts a gap down, and we gap up, there's still a chance we go red, as if we gapped down. Today is a great example.
If the gap up prediction changes, I'll let ya'll know.
With Congress and the Pres. back in town tommorow we might get a cliff deal "hope" rally starting tommorow morning regardless of the actual reality of any deal being struck.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 3:55 pm
by Petsamo
StudentBill wrote:Petsamo wrote:The case for a gap up tomorrow is my spreadsheet.
The case for a gap down is overseas markets will duplicate our red candlestick.
Yea, I said Monday we'll gap down today. But I keep saying if my spreadsheet predicts a gap down, and we gap up, there's still a chance we go red, as if we gapped down. Today is a great example.
If the gap up prediction changes, I'll let ya'll know.
With Congress and the Pres. back in town tommorow we might get a cliff deal "hope" rally starting tommorow morning regardless of the actual reality of any deal being struck.
I'm guessing that cliff deal "hope" might already be priced in.
Any compromise between Obama & Boehner is bad for US.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 3:58 pm
by Cobra
indeed another push up but way too strong, so 3 push up was invalidated.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 3:59 pm
by Cobra
now resistance and Fib 61.8%, wait.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:08 pm
by Cobra
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:10 pm
by BullBear52x
checked and checked and double checked, swing selling to continue, this was just a reaction to bearish cross on MACD and MA, some times the reaction lasted 3 days for the long term daily trend. here is the daily chart I am talking about.
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:14 pm
by Mr. T
Miyagi..... time to whip up a p-bar to 1500!!!!
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:14 pm
by jademann
BB I am checking and double checking this also. GL
Ooops!!! Sorry....
Posted: Wed Dec 26, 2012 4:14 pm
by MrMiyagi
!!!!!!POWER HOUR!!!!!!
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:14 pm
by Mr. T
Anyone announce what time it was?
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:15 pm
by Mr. T
Oh snap!!!! Great minds think alike!!!
Posted: Wed Dec 26, 2012 4:18 pm
by MrMiyagi
Mr. T wrote:Oh snap!!!! Great minds think alike!!!
Santa Fool bring you any gold this year?
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:28 pm
by Cobra
Channel. I'm neutral, wait.
Re:
Posted: Wed Dec 26, 2012 4:37 pm
by Mr. T
MrMiyagi wrote:Mr. T wrote:Oh snap!!!! Great minds think alike!!!
Santa Fool bring you any gold this year?
No, but I bought my wife a gun!!!
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:39 pm
by BullBear52x
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:52 pm
by Cobra
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:52 pm
by Cobra
Drop out of the channel, not a good close looks like. I'm still neutral.
Posted: Wed Dec 26, 2012 4:55 pm
by MrMiyagi
Re: 12/26/2012 Live Update
Posted: Wed Dec 26, 2012 4:56 pm
by Cobra
well, guess that's it for today, I've provided enough info for members, so no blah blah here. Thank you guys, I'll see you tomorrow.
Before the close, please take a little time to vote for me, thanks.
https://stockcharts.com/public/1684859/tenpp
