Guest Posted March 28, 2003 Report Share Posted March 28, 2003 CBOE PCR 3:00 PM CST PCR and Change from Today's Open Equity 1.35 77% Index 1.28 -38% Overall 1.33 38% Link to comment Share on other sites More sharing options...
bubbadropping Posted March 28, 2003 Report Share Posted March 28, 2003 Nice to see HUI going up for a change. How many months have we been waiting for this? Imo, its all about the War regardless. Thinks are clearly not going as planned and memories of Vietnam are already raising their ugly heads. Therefore the continued selling. This could change on a dime depending on weekend blow by blow War coverage and how its spun out by B. Williams and the other ratings chasers. Seeing so many confident on this board again in their charts and shorts is a warning sign. Its still completely all about the War. Now more than ever before the whole arena is one huge Casino. best,buddha Link to comment Share on other sites More sharing options...
BAREister Posted March 28, 2003 Report Share Posted March 28, 2003 Well, the TA EWave/cycle/Bradley boyz have drawn their line in the sand. Predix of an UP move straight ahead, possibly thru May. Ms Mkt just may step across it. Here's what The BARE thinks of that predix with the war going the way it is: He remains short and wishes luck to those foolhardy enough to go into the weekend long. Of course, if they are right and HRFF is wrong, here's what they will be doing/thinking of HIM: Remember Robert Burns you chartists! No rally until the tide of war turns OUR way. Link to comment Share on other sites More sharing options...
simple guy Posted March 28, 2003 Report Share Posted March 28, 2003 You guys are the best C wave down should complete Monday at 1360 or 1339 NAS, prepare to cover then... for DONG up Link to comment Share on other sites More sharing options...
MyGoldenStool Posted March 28, 2003 Report Share Posted March 28, 2003 The Nazdork has made a very boolish sign: a quadruple bottom at 1369! This, you may not realize, is an hommage to the much fabled bottom of Abby Jo Conehead, veteran bull, who's sagging derriere, much like a "double chin", gives the appearance of four buttocks. Link to comment Share on other sites More sharing options...
simple guy Posted March 28, 2003 Report Share Posted March 28, 2003 "no rally until the tide turns our way" Bareister The tide could turn our way as we speak Bare, so that argument doesnt really hold. E waves are tracing out normal ABC corrective down move patterns, regardless of war noise.... 1360, 1339, numbers I gave out several days ago for C wave bottom... People will be ready to be optimistic next week for a C wave ride up... simply interpreting war news of the day as good is all... because you can interpret it daily however you wish. Nice weekend to ya Link to comment Share on other sites More sharing options...
anjing bau Posted March 28, 2003 Report Share Posted March 28, 2003 Nice close on GG and GLG they are your new momo boys for the group. NEM is the bellweather and it wass up 8 today with spot gold up a mere 1 % Link to comment Share on other sites More sharing options...
PileDriver Posted March 28, 2003 Report Share Posted March 28, 2003 Nice close on GG and GLG they are your new momo boys for the group. ?NEM is the bellweather and it wass up 8 today with spot gold up a mere 1 % no kidding, they closed at their HOD. May buy them on next "red day"...if we get one. /Brainfart -on You look at the NAZ and pattern-wise it does look booolish (recently) yet cycles and many things suggest we just drift lower from here. Patterns can cause hallucinations and one should never go by them alone. /Brainfart -off Glad I'm straddled for now Link to comment Share on other sites More sharing options...
blackbelt Posted March 28, 2003 Report Share Posted March 28, 2003 so If I have it right weak today, up into May or do we have to watch what happens 04/03. If you could once more clarify where you see things with this close? I may have missed something important during this rather hectic day. Thanks in Advance rif, My current "guess" that the market will be in an upslope till May. After that sharp down towards July. But that's a guess. If mid-next week (4/3) is a low I will be trading more on the long side (looking to buy pullbacks). If that timeframe is a high, then I might reconsider my approach for a potential "May high". I have to say that I trade individual stocks and not the indexes. Currently I have 6 long positions and 2 shorts. Unless there is a pattern in a stock that it has an price objective and a defined stop, I don't take the trade. In other words, I don't buy because "I think" the market is going up or short because "I think" the market is going down. There must be something in the chart to tell me "I'm going up/down" Link to comment Share on other sites More sharing options...
ThorAss Posted March 28, 2003 Report Share Posted March 28, 2003 GLG Numero Uno best performing DAu 29 stock for this Bull market. Next are SSRI, GG, RGLD,RANGY,GOLD,GSS. And to all, Guten Naben Link to comment Share on other sites More sharing options...
PileDriver Posted March 28, 2003 Report Share Posted March 28, 2003 BB, I always thought (ASSumed) you were an index trader! I'm 5 dong and 3 short. Link to comment Share on other sites More sharing options...
blackbelt Posted March 28, 2003 Report Share Posted March 28, 2003 Pile, No...I track the indexes so I can identify market direction, but I trade stocks. Although I trade for years, I don't trust myself to trade futures Link to comment Share on other sites More sharing options...
PileDriver Posted March 28, 2003 Report Share Posted March 28, 2003 BB, me too. Market timing to help optimize entry/exit and not get steamrolled. Link to comment Share on other sites More sharing options...
Dustbowl Posted March 28, 2003 Report Share Posted March 28, 2003 Did the Commercials go net long SPOOS this week? If they did, uhhhhh......... Link to comment Share on other sites More sharing options...
riff Posted March 28, 2003 Report Share Posted March 28, 2003 thanks bb I don't trade the indexes either...... but I need to know which way the wind blows most strongly so I know if I's looking long or short. I'll catch ya'll after a long weekend Link to comment Share on other sites More sharing options...
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