sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 Incredible what is going on in SEMI's: Micron MU P/E of 3.1 and Pr/Bk of 1.2; ACLS P/E 4.7 and Pr/Bk 1.4; UCTT P/E 4.4 Pr/Bk 0.9, etc... Link to comment Share on other sites More sharing options...
Morpheus Posted October 26, 2018 Report Share Posted October 26, 2018 2610 = 50% retracement of price since inauguration in the area of lows from prior this year. The lower blue trendline connects the major lows from 2011 and 2016 since the bull market began in 2009. Just a few things I am watching. I have been trading QQQ and PSQ with my system and enjoying the ride down! Link to comment Share on other sites More sharing options...
sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 We are really hitting fear now. Yesterday at the gym the retired cohort had "the look" in their eyes when discussing the markets. I hadn't seen that in some time. Link to comment Share on other sites More sharing options...
sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 5 minutes ago, Morpheus said: 2610 = 50% retracement of price since inauguration in the area of lows from prior this year. The lower blue trendline connects the major lows from 2011 and 2016 since the bull market began in 2009. Just a few things I am watching. I have been trading QQQ and PSQ with my system and enjoying the ride down! Thanks! Link to comment Share on other sites More sharing options...
DrStool Posted October 26, 2018 Report Share Posted October 26, 2018 My intraday charts have a two stage 2 day cycle signal system. Stage 1 buy signal just triggered. But a drop back below 2635 would signal a fakeout. That would be very bearish. Link to comment Share on other sites More sharing options...
DrStool Posted October 26, 2018 Report Share Posted October 26, 2018 At least there should be a significant pullback before stage 2 signal. Link to comment Share on other sites More sharing options...
sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 10 minutes ago, DrStool said: My intraday charts have a two stage 2 day cycle signal system. Stage 1 buy signal just triggered. But a drop back below 2635 would signal a fakeout. That would be very bearish. Wow! I guess so! Link to comment Share on other sites More sharing options...
sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 Aside but the FBI just arrested the bombing suspect in Miami. Link to comment Share on other sites More sharing options...
zero_value Posted October 26, 2018 Report Share Posted October 26, 2018 Long WDC @45.00 doing a little work with them figure I would support those who feed me Sold [email protected] for a +5 from many moons ago whats not to like about this POS Link to comment Share on other sites More sharing options...
MisFit Kid Posted October 26, 2018 Report Share Posted October 26, 2018 looks like someone got the tap on the shoulder down in the basement >: unchanged for the day is looking very possible.....again another "Do Over" Link to comment Share on other sites More sharing options...
DrStool Posted October 26, 2018 Report Share Posted October 26, 2018 R lines 2683 and 2687. These have been penetrated before so they should not amount to much. But if the market stalls below them, LOB. If cleared, should make 2700 with ease. Link to comment Share on other sites More sharing options...
DrStool Posted October 26, 2018 Report Share Posted October 26, 2018 Dow has 320 point rally off the lows and is still down 220. Just sayin. Link to comment Share on other sites More sharing options...
MisFit Kid Posted October 26, 2018 Report Share Posted October 26, 2018 another +400 intraday move for the dow 3 in one week a big long tail on the daily chart Link to comment Share on other sites More sharing options...
sandy beach Posted October 26, 2018 Report Share Posted October 26, 2018 I hope that wasn't it. I want some more action next week. Link to comment Share on other sites More sharing options...
MisFit Kid Posted October 26, 2018 Report Share Posted October 26, 2018 For fun and enjoyment, play the A-Zon Link to comment Share on other sites More sharing options...
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