next pivot is 89 and the trend down lower.
Thursday, May 7, 2009
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
Moon-Don't think it doesn't matter. Y'all are crazy
CURRENT MOON
Site Meter
I know, you hate my music
Dow 10K 3.0
The music you hear
Labels
- sentiment (12)
- Goldman Cabal (3)
- French Revolution (2)
- PPIP Gaming (2)
- Pay for Non-Performance (2)
- Wall of Worry (2)
- Deflation (1)
- EISP (1)
- GM Brinkmanship (1)
- GYOFB (1)
- Re-Flation (1)
Great Trading Resources/blogs
The Unusual Suspects.
Usefull Links
Education-Open Coursework
Brad Delong
Robert Reich's Blog
Economists' Forum
Legion of lemmings
Papa Bears
Baby Bears
Rick Santelli
Black Helicopter Crowd.
Market Oracle
Big Picture
Daily Reckoning
About Me
Blog Archive
-
▼
2009
(3110)
-
▼
May
(290)
- Charts again
- Rotation
- The Third option in trading.
- a read
- well
- sellers
- hard choice
- accelerate
- correction
- smh
- now we watch for a trap...
- trade of last resort
- Read
- Return of the meme...
- If I can see... Negative ticks.... Momentum high h...
- well now
- charts
- Risk reward and maybe some macro.
- possible pennant.
- volume
- how the hell
- what seems to be
- hardest 10 pts in the market
- solid volume
- like you care....
- Oh BTW
- Look Better Please!
- bearish sectors
- target
- Drift
- The open
- Week 4!....
- 22 pt move in an hour...
- good lord
- Outside the flag!
- French Open
- Jesus
- Bear Flag
- 2 fridays
- Bear!!!
- lol
- 875
- there is our Diabolical market.
- volume is ridiculous
- Weeeee!!!
- zombie
- ticket to nowhere...
- Anyone want stock on a friday?
- my ... No read
- I can't read this.
- so...
- 88.90 target... +/- .05
- failure or double top
- one more high...
- resistance....
- target
- 3 push wedge
- lets see the volume pick up.
- let's see this breakdown...
- secondary high...
- abc
- the secondary high
- ok... Momentum high
- 3 swing move
- there is something
- Gordon Ramsay
- Friday fun
- dilbert
- Symmetry
- seen this setup
- elliot wave
- roll over
- 875
- RollOver??
- the epic resistance....
- Solid Volume
- there is the oversold
- goodness
- support
- well, claims didn't help
- outside this fucked up flag..
- down 6 -2
- Prosperity
- pennant and a flag
- the day Play by Play
- patterns
- Carter worth trying to rally the bears
- nobody wants to play into the close.....
- the target of this head and shoulders
- 91 stops
- 91.20 retest the Pennant.... downside.
- target here is 90.80
- reflation
- so...
- so... the pattern is
- trap was set
- I'd rather play this at either one of those green ...
- That is a Fucking Flag
- biggest volume of the day
- Teranova the Bull!!
-
▼
May
(290)
38 comments:
How do you figure the pivot? Is that a target of some sort?
don't you have an 89.40 s3 pivot?
umn... but still I think we have a little bounce...
or not..
I have pivot at 91.65 and S1 91.10. S2 is 90.06
Don't have an S3 pivot.
We are in between pivot and S1, and I think this is a down day, my target is S1 for today, maybe it goes to S2 90.06.
If it hits pivot it should bounce down. (I've been wrong on this, but when it works I think I'm a genius.)
91.38 or so is the break down point.
your target which is the 900 spx point...
sounds ok...
So SPY runs up to the pivot 91.65 which is the the entry. Of course, because it's diabolical, it head fakes to 91.75. Damn, but I think that was a short entry. We'll see.
Blind squirrel, that's me.
Do you really think this things goes to 90?
The crappy bond auction is the narrative, but this was ready to drop... just looking for an excuse.
It may hit 90.
90.75 is next resistance..
but the only good support is the 900spx
90 Ish is the target of the Head and shoulders
if you take... half at .50 of profit,
that gives you .50 above your entry as an exit, to get out flat.
I'm not sure you are free and clear till we get past the day low.
91.10 time for a bounce
damn you read bad 90.75..
maybe... freefall to 90 till like 1 or 2
damn.. we are both wrong
yesterday's 1pm lows... that was the one..
but again 90.75
the real question is if this is just a wunderbar setup
that sort of weak ass Flag was the tell.
but birds in bush...
xlf keeps flashing red
(new low on my board)
it's dazed here near 91.10 after that head shot.
looks like it's gearing up for another downleg.
Higher rates cannot be good for COF just saying
well... ticks are downtrending..
but there is a chance they are going Pennant...
which may give us our downside break out to 90 ish.....
ticks went positive... she wants to rest at 90.80... maybe
grasso is bearish..
iwm still making lowwws..
Spike in Tick rate...
That is a momentum low....
time for the secondary low...
may hit that low 90's for us...
Everything is flashing Red.....
Ticks Holding negative... -991 for 4 minutes so far
wow.. havn't seen that in a while
looks like it wants to fight it out at 90.70
Not an Elliot guy, but is this wave 4 near an end? Due for a wave 5 down?
90.70 end of wave 3...
wave 4 whatever the retrace was
wave 5 to 90.10 or so..
don't take 90.10 serious... I just pulled it out of my ass
but I also suspect we will get that at 14:35
90.20 maybe... game that at 90.25
close enuf. What's the target on wave 5?
wave 3 or the end of wave 3 is the momentum low... Then wave 4...
and wave 5 is the secondary low.
if we can close lower than yesterday's low.. we can get a dark shaddow over yesterdays push..
hmmmm well... watch 91 we may have a failed wave 5.... but if ticks can stay negative...
that was the 14:30 time pivot...
seems like it will be a crap shoot into the bell...
yesterday 50% selling 50% buying
day before all buying.....
Maybe selling at the bell is accelerating...
one would think we would need some kind of descending to get through 900
990 on ticks... not to be greedy but this may have more gas
how are you doing, buddy? did you fall asleep?
Still here. I'm cash since 3pm. Good day.
I can't switch to long after being short all day, so I'm just watching.
Did you see what Najarian did to ALL? It has gone parabolic before it's earnings. If they miss it will be a bloodbath.
Holy shit, I scalped 75 cents big on ALL short right before the close. WTF.
That'll pay the mortgage. lol
Post a Comment