Ned38 Posted January 15, 2003 Report Share Posted January 15, 2003 Anybody think this candlestick pattern could end up in play? http://www.litwick.com/indicators/2126.html Or should I put down the bong? Link to comment Share on other sites More sharing options...
BAREister Posted January 15, 2003 Report Share Posted January 15, 2003 Well, maybe HAYWIRE THEORY is still viable, AFTER all. And maybe TERMITE theory, too. Back in the old trading DErange(d)... Everyone? looking for a major move to break out of this "wedge". Maybe this, the Father of All Bear Markets will trip up the TA boyz in yet anUDDER way and SNOT oblige the expect(or)ation. Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2003 Report Share Posted January 15, 2003 Yes it could and . . . pass the bong. Link to comment Share on other sites More sharing options...
roidrage Posted January 15, 2003 Report Share Posted January 15, 2003 I keep seeing this Star wars guy everyday at 12:45. Perhaps it's time I break down and see the movie. nah, hold out until whathisname finishes all six or seven in the series. rr Link to comment Share on other sites More sharing options...
rog Posted January 15, 2003 Report Share Posted January 15, 2003 FED Beige Book: Soft spot is getting a little more mushy. Link to comment Share on other sites More sharing options...
GregFokker Posted January 15, 2003 Report Share Posted January 15, 2003 Put to call ratio at .82... it's becoming a pisser. Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted January 15, 2003 Report Share Posted January 15, 2003 (SIGH) Well, I had high hopes for Maria this morning, then things got sidetracked with the PPI report.... Of course when the Reverend Jackson showed up, it wouldn't have been proper for Maria to have a gusher, although it's my understanding that this is a common occurence in Rev Jackson's presence... Perhaps Friday after MSFT and IBM do their thang... She'll do her screamer act. Link to comment Share on other sites More sharing options...
Rockhead Posted January 15, 2003 Report Share Posted January 15, 2003 2:14 PM Link to comment Share on other sites More sharing options...
sniff Posted January 15, 2003 Report Share Posted January 15, 2003 when is a swup a swup? If a swup is on decreasing volume, then it might be a bear flag If a swup is on increasing volume, then it may be a swup. not really looking at a defined swup but looking at flags which I guess are swups imo Link to comment Share on other sites More sharing options...
Lethal Dose Posted January 15, 2003 Report Share Posted January 15, 2003 Here's a bit of a non sequitur, but what is up with the Ken Fisher pop-up ad when you log onto capitalstool? Is it some kind of joke? Link to comment Share on other sites More sharing options...
richmtn Posted January 15, 2003 Report Share Posted January 15, 2003 Shorted more Rheingold (RGLD). Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2003 Report Share Posted January 15, 2003 Will see if selling volume accelerate into the close and if so it may signal the reversal...still waiting here. I agree with PD that bulls will not easily give up without a fight - they will use any excuses, IBM/MSFT earnings etc. to jam up this thing. Also I'd be careful with the storage sector - with the upside surprise from McData last month, QueerLogic could also pull out some major today - their businesses are inter-related. MDCT and BRCD sell the SAN switches for storage network, and if they sell will, it means corporations will also likely boost spending on storage hardware, and hardware vendors will in turn purchase more I/O cards from QLGC and ELX...it's all part of a food-chain. I believe overall the Q4 is up b/c of some left-over in '02 IT budget - this would translate into generally higher EPS for lots of software and storage companies. But 2003 will be real bloody, and of couse these knuckleheads will provide a rosy outlook as usual... So I expect MSFT, IBM, SEBL or ORCL all beat 'lowered' estimates...and therefore the rest of the week will provide a great re-entry opportunities for us. Just my .02 Link to comment Share on other sites More sharing options...
PileDriver Posted January 15, 2003 Report Share Posted January 15, 2003 (SIGH) Well, I had high hopes for Maria this morning, then things got sidetracked with the PPI report.... Of course when the Reverend Jackson showed up, it wouldn't have been proper for Maria to have a gusher, although it's my understanding that this is a common occurence in Rev Jackson's presence... Perhaps Friday after MSFT and IBM do their thang... She'll do her screamer act. ya know, we might not get it on this one. The Maria indicator may have a longer periodicity than one month (July 23, Dec 2 is about four months apart). Dec 2 to Jan might be too soon to expect another one :wink2: Link to comment Share on other sites More sharing options...
simple guy Posted January 15, 2003 Report Share Posted January 15, 2003 A few more takes P/C always hard to judge in OEX scam week, keep that in mind VIX may have put in reversal bottom today VXN got close to my 41 ish target to go short Q's, another confirm Bradley model top I use was Jan 10... has rarely been off lately... Bulls over Bears spread is extremely high still... 64 of 67 strategists in BW 03 survey have ALL indices higher year end... I could go on and on... One more, Money flow and distribution continues OUT OF QQQ today... One more push up is possible after Thursday.... I do nothing tonight except sit on my 200% short unless we close near 26.25. If so, I take my profits ST, then re-enter on Friday sometime... Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2003 Report Share Posted January 15, 2003 QLGC reports after the bell today. Link to comment Share on other sites More sharing options...
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