So... That is the trend line in red... that was a 38.2 retrace. of the last move....
I like the risk reward...
Tuesday, August 12, 2008
The down trend
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2008
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August
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- check this out
- As much an idiot as I am.
- Two “chupacabras” shot, killed in DeWitt County
- 116.32 in electronic trading
- I still love......
- gustav
- My crazy weekend rant.-Shaving, and the US Open
- I saw this, This guy is a good read for amature Me...
- gustav goes cat 4
- Ok, so this the optimistic model
- Well
- In the down tape, I'm curious what was strongest
- This is the wave pattern I have in mind.
- since I'm fadeing the huricane.....LOL
- My trolling
- The screen
- How about some questions
- 4 days of the spy
- well, Will we build a base? or leg lower?
- someone is trying to fight the tape
- No joy
- because aparently fridays are lesson days
- we may have a higher low
- there is a little weakness in JCP
- possible wedge on the xlf
- amazing that oil can't hold a bid on the hurricane
- so the trendline and the 200dma is at 40-40.50
- the rally
- I thought we were going to pull back
- jcp short
- this could be the reversal
- After the obama bounces
- I think I'm a little political cranky today
- cnbc
- Many times
- Maybe this is the costanza idea
- I think
- I'm not sure
- could be more in this day
- possibly developing that bottom tick
- qqqq retest of the lows
- here is something strange
- xlf is looking healthy.... but could be developing...
- some resistance
- some bounce
- We have a weakening trend...
- xlf vs the qid
- Good stuff
- we are playing with some upside resistance.
- xlf
- qid. and the spy
- We seem like we are just working through 129.50 re...
- Psycological stop off the QQQQ's
- xlf vs the spy
- the qqq's
- That was a possible wave 4, and now we are in wave...
- Honestly
- Well good luck everyone
- hmmm How if we asume sideways
- So
- as teh 8:30 bomb is about to go off
- futures
- What is realy bad
- Well, it seems like I can't sleep
- As I sit here getting ready for bed
- JCP as a short.
- So, I went through the screen
- Lets Look at some charts
- Well
- here is what also gets me
- this is one of those times I hate my blog....
- Cramer is on TV
- so.....
- post market qqqq
- Naz in post market
- 2 of 3 ....... and it's not a solid break, and the...
- this isn't the worst declining top
- here are the trends
- I''m getting that
- I''m getting that
- so much for a small bounce
- More of my shaking my contrary costanza indicator
- back to resistance
- I know it's crazy
- I know I've said it 50 times today... but this cou...
- My point about the big picture quiet
- don't know what to tell anyone
- this move in the indexes
- dip buy attempt on the xlf
- Baby Head and Shoulders on the XLF
- even WFC can't get a bid.(yet)
- If you think the spy is scarry?
- Let's play pretend again...
- The xlf
- 2 days on the spy
- Want a contrary indicator
- well this is starting to fade..
- Deveoloping dome top on the xlf
- If we can get a correction
- ok I'm short, but I want out fast..... if we turn
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August
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