if there is no power in the power hour, (which is my expectation), daily candle forms a harami. if tomorrow can manage to close above today's close, it will then be a good quality reversal. i don't like the idea since it is against my big picture view, but i can i will and i have to live with it
The goal is not uniformity. It is understanding and idea exchange.
Continental Resources sold all it's hedges in early November, then last week the CEO Harold Hamm got hit with a 1 billion dollar divorce. Today he offered his wife 975 million in cash. Continental is a big player in Shale, for what it is worth I think the shareholders are getting taken to the cleaners.
Forgot to add it is CLR.
Last edited by Trades with cats on Wed Jan 07, 2015 4:24 pm, edited 1 time in total.
SPX… wow… FOMC and we have total move of 6-7 points.. unheard of… anyhow.. Possible RS still in the making of invs H&S.. VIX still in a bullish falling wedge of sorts… looks like we gap SPX tomorrow.. could argue either way.. other indices all inside days..
FlowerGirl wrote: Building a LONG position in SVXY...
Only questions asked here will be answered...if...
Fully long position established...
SVXY/XIV price behavior since morning is typical of what has been seen before a blast off... Past is not a good predictor of future..or is it?
Trades with cats wrote:Continental Resources sold all it's hedges in early November, then last week the CEO Harold Hamm got hit with a 1 billion dollar divorce. Today he offered his wife 975 million in cash. Continental is a big player in Shale, for what it is worth I think the shareholders are getting taken to the cleaners.
Forgot to add it is CLR.
I've been semi-following that oily divorce. Last I heard she DECLINED his offer of "975 million in cash"
your news may be more fresh than mine.
thanks 4 posting that
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro wrote:
could pop through this resistance. in a big way.. ..GDX daily.. weekly .. into 20w SMA / resistance on the daily.. 200d first?.. or 50d retest?
I am salivating on the idea of NUGT $ 40.00....
$40 is above some serious resistance.. but when the miners go..it'll be a large move.. prefer GDX as guide for NUGT… and under cut of GDX 2008 lows.. would be ideal.. but then a tad too obvious .. NUGT weekly
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Refresher on the domes
Bulkowski said that it’s bullish-biased when the right side of the domes end on a higher low (like SPY and IWM and XLE at the moment; not QQQ).
But I’m not yet convinced that the domes are finished. His BUY signal is a 38.2% retracement
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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