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balance wrote:on tomorrow job report, remember Feb's report? strong ADP and up on Thur and disappointment on Fri?
Every bull is aware that Gaddafi is at large and that he might play all kinds of games this weekend.Cobra wrote:A strong up day shouldn't like this. I cannot say the exactly words, just a feeling. I might be wrong.Simsonic wrote:And how are you getting that "feel" Cobra?Cobra wrote:Gap up, 10:30am ET new intraday high, so 90% chances today close > open. But still today doesn't feel like a strong uptrend day SO FAR.
I see spx at 1325. It hasn't hit 1328. if it closes here and waits till tomorrow then breaks and closes above, the bears are dead for 3 weeks. Just my take.
From wolfe wave, it will look like thissimpletrade wrote:Ask the SINA question again, from charts only, yesterday, huge volume(6x average), hammer, double bottom, today up with the market, does this confirm it had the short term bottom?
NO. Non Stop only get out of short when there's long signal, for now, no. And by the way, I said short for aggressive traders only. Nomrally, this kind of trend following system has below 50% winning rate, it relies on long lasting trend to earn money, so be careful here.bear33 wrote:cobra, on a bigger picture, since your non stop model is in sell mode, and since we are retouching the highs again, does it mean to get out of shorts? after such a day as today?