2 floaters and a sinker Posted April 22, 2003 Report Share Posted April 22, 2003 FWIW, The rate of ascent does seem to be slowing. Could be a hint... Could mean nothing. edit: Also a Gann line @904 or so. Don't listen to me, I tried to get short this morning. Wrong again Link to comment Share on other sites More sharing options...
Mr. Beal Posted April 22, 2003 Report Share Posted April 22, 2003 so much for the 905 stops still no selling - this sux Link to comment Share on other sites More sharing options...
richmtn Posted April 22, 2003 Report Share Posted April 22, 2003 wndy: Just shows that the POR is still a long way off. Stocks "should" abhor greenscum. The great staist and his myriad of failed experiments have cost most longs a fortune. Unless the criminals know a floor has been put under the market. POR does seem a ways off. My friends (NYC) are starting to talk about all the folks they know who are getting laid off. They don't even want to talk about the market but most are still invested in their retirement accounts. Who would have thought the markets would go up with the dollar in trouble. Link to comment Share on other sites More sharing options...
Jimi Posted April 22, 2003 Report Share Posted April 22, 2003 "Momma. I'm cold. Is it getting darker?" Link to comment Share on other sites More sharing options...
Slothrop Posted April 22, 2003 Report Share Posted April 22, 2003 Dow intraday wedge suggests we sell off for a few hours. But no! Truly astonishing strength. Link to comment Share on other sites More sharing options...
blackbelt Posted April 22, 2003 Report Share Posted April 22, 2003 Do I hear 915 ? Here comes the 1100 on the NDX too. Link to comment Share on other sites More sharing options...
soup Posted April 22, 2003 Report Share Posted April 22, 2003 today sure looks like an exhaustive blow off, but with the govt involved I aint so sure. Link to comment Share on other sites More sharing options...
PileDriver Posted April 22, 2003 Report Share Posted April 22, 2003 OK BB, I'll give ya 915 :wink2: Hey, did VIX go to zero yet? Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted April 22, 2003 Report Share Posted April 22, 2003 w/ buy stops above 905 and weak shorts getting blow out, margin calls etc, this isn't stopping until 911-915. i'll be there to sell to them. the top of the bearish wedge on the daily emini is 913. Link to comment Share on other sites More sharing options...
richmtn Posted April 22, 2003 Report Share Posted April 22, 2003 I don't do EW. Question for those that do. I assume this is a five wave up pattern. The question is where it terminates and what kind of pattern would follow this? TIA Link to comment Share on other sites More sharing options...
PileDriver Posted April 22, 2003 Report Share Posted April 22, 2003 I don't know if I want a SPX close above its Booblinger band while VIX closes below its band or a high volume reversal day. Link to comment Share on other sites More sharing options...
BeerMarket Posted April 22, 2003 Report Share Posted April 22, 2003 machines sure do leave funny tracks on the intraday charts Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted April 22, 2003 Report Share Posted April 22, 2003 So the real question (short term) is this a dip to buy for the run to 915-20 or will we fail here? Link to comment Share on other sites More sharing options...
flufflander Posted April 22, 2003 Report Share Posted April 22, 2003 Garbage can at the ready in case of urgent gastro-intestinal evacuation :wink2: Link to comment Share on other sites More sharing options...
soup Posted April 22, 2003 Report Share Posted April 22, 2003 piles: one vote for the latter. Link to comment Share on other sites More sharing options...
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