Miss Moneypenny Posted December 10, 2002 Report Share Posted December 10, 2002 Standing aside waiting today .... but thought I'd drop in and say Hi. Hmmm -- one more test of the high comin'. If this one fails, I may just have to short the sucka! Link to comment Share on other sites More sharing options...
Rockhead Posted December 10, 2002 Report Share Posted December 10, 2002 rockhead, I use hypersnap screen capture, because java & no links. then draw the lines or put in whatever you want., save to pictures file, then attachment to message.... A few extra hoops to jump through but easy enough. Sniff.... Didnt answer the question. How did you come up with the CHANNELS or the lines for the CHANNELS. What made u draw them where they are? Looking for the thought process or the "indicator" which drew those. Link to comment Share on other sites More sharing options...
BAREister Posted December 10, 2002 Report Share Posted December 10, 2002 One day, 'long', 'long' ago during this rally, and, thereFUR, snot FUR away, HRFF was reading Cramer's website if yew can beleev THAT and ran across a commentary by someone (there are a lot of someone's over there) who, when the S&P was, ruffly, about where it is now, remarked that it would operate as a center of gravity of sorts, causing the average/market to drop back down to this level if above it, or, conversely, pull it up to it if beneath it. That's probably what will occur going FURward FUR a while GUESSES HRFF, unless, of course, and there is a tendency on both sides of the ledger/equation to read too much bias into one's view of the overall trend, yesterday portended something truly ugly "dead" ahead. And it just might have, thinx HRFF. Link to comment Share on other sites More sharing options...
DrStool Posted December 10, 2002 Report Share Posted December 10, 2002 OOO. smacked me in the you know what. immediate cmap on this move is 900. Link to comment Share on other sites More sharing options...
fxfox Posted December 10, 2002 Report Share Posted December 10, 2002 doc, thanks! they just rip my ass in two pieces right now, nasdaq too strong today to let DAX fall. Happens not that often, maybe once a year, but of course must happen today. Link to comment Share on other sites More sharing options...
BAREister Posted December 10, 2002 Report Share Posted December 10, 2002 Pile, FUR yurrr inFURmation, Mike Drakulich has been making noises about Dec 2 being a "peak", too. In any event, the market didn't stay long above this level which is RIGHT where it was, pretty much, when, WEEKS and WEEKS ago, The BARE observed that it would mark one of the best selling opportunities of the year. He still thinks that, the brief FlURtation with 950 snotwithstanding. The primary issue in his mind (or, what's LEFT of it!) is, now, how long it will take the market to pay homage to the dreadful fundamentals and RESUME it's slide. Yesterday should have been consoling to the bears. Drakulich is noting a quiescence on their/our part over on Crystal Ball. Too many traumatized by the rally, no doubt. Probably a harbinger of FURther decline to come, too, perhaps sooner, rather than later. Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 10, 2002 Report Share Posted December 10, 2002 Rog: Has jimmy ever had one call play out? Cracks me up, so many still think they can just turn on a light switch and makes stocks move higher. Or another switch to magicaly reflate. Are these folks living in disney land? Link to comment Share on other sites More sharing options...
DrStool Posted December 10, 2002 Report Share Posted December 10, 2002 Let's refine that cmap to 898.50 to 900. Link to comment Share on other sites More sharing options...
Rockhead Posted December 10, 2002 Report Share Posted December 10, 2002 SP500, 5 minute. Looks like they took the expanding triangle route, eh? If that be the case, target is 904 -905. Link to comment Share on other sites More sharing options...
Miss Moneypenny Posted December 10, 2002 Report Share Posted December 10, 2002 Breakout to new highs on the S&P -- MACD crossed up on the 1, 5, 10, 15 mins, and tryin' to cross on the 30 & 60. It needs to fail HERE! (or be sure you've got protection!) Link to comment Share on other sites More sharing options...
machinehead Posted December 10, 2002 Report Share Posted December 10, 2002 Donaldson named to head SEC. I took that to mean Sam Donaldson ... the govt-media axis, etc. Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 10, 2002 Report Share Posted December 10, 2002 Rog: I am sure that jimmy jones gave a detailed report on HOW Mr snow would magically turns things around? Or was it the same ole fluff , as in do not ask for any details just buy em because with the new treasury sec they are going to the moon? Link to comment Share on other sites More sharing options...
Miss Moneypenny Posted December 10, 2002 Report Share Posted December 10, 2002 Donaldson named to head SEC. I took that to mean Sam Donaldson ... the govt-media axis, etc. Are you sure it wasn't actually Donald's Son -- in this Mickey Mouse govt? Link to comment Share on other sites More sharing options...
sniff Posted December 10, 2002 Report Share Posted December 10, 2002 I need to remind about the the regression center baseline. IQ charts supplies it automatically. The longer timeframe would probably provide a more accurate trend. The shorter timeframes ( less than one day) ok for daytrading. But depending on timeframe these lines can run up or down........ Therefore as Rockhead says. I believe it is important to trade your timeframe. Doesn't hurt to look at other timesframe for looking at the larger view. And this would be the same for any indicator or oscillator, I think..... I am trading just pivot points and resistance & support levels today. So, whatever triggers has to be real bad or real good. Link to comment Share on other sites More sharing options...
Charliss Posted December 10, 2002 Report Share Posted December 10, 2002 Sometimes what we have known all along and taken for granted suddenly appears fresh and brand new, similar to as in an epiphany: for example, these stocks that are going up are not worth the prices. Link to comment Share on other sites More sharing options...
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