GregFokker Posted March 20, 2003 Report Posted March 20, 2003 anyone think we have a chance to pullback to the 50 day ma's on dow/spx at 8070/855? i believe that would be about a 23% retracement no way in hell unless omething goes awry in Iraq...and then, even if it does, we'll get a quick squeeze in the Futures Pit...this thing is on Auto Pilot for now. Yep. Fukuda's got the conn.
soup Posted March 20, 2003 Report Posted March 20, 2003 of course the crowd will have to play pavlov and buy the opening dip.
blackbelt Posted March 20, 2003 Report Posted March 20, 2003 soup, No....I don't use futures.... I went over the numbers last night....874 is very important (+/-3). Above that it opens the door for 915. I don't see it above that number before it goes to 726 first. In my opinion the "good" rally starts from 726
GregFokker Posted March 20, 2003 Report Posted March 20, 2003 soup, No....I don't use futures.... I went over the numbers last night....874 is very important (+/-3). Above that it opens the door for 915. I don't see it above that number before it goes to 726 first. In my opinion the "good" rally starts from 726 At 726 I'll be buying the trashiest equity funds I can find, buying calls and partyin like it's 1999! Thanks BB- it always means more to hear you say it.
anjing bau Posted March 20, 2003 Report Posted March 20, 2003 Watching for the breakdown... doji, rsi, macd, divergence.... strong volume was met with sellers...
Stoolander Posted March 20, 2003 Report Posted March 20, 2003 Looks like the call buyers got a little carried away this am.
anjing bau Posted March 20, 2003 Report Posted March 20, 2003 We look to be falling out of the rising wedge ... divergences abound
BigWave Posted March 20, 2003 Report Posted March 20, 2003 Upgrading the supermodels today..what a coincidence..
blackbelt Posted March 20, 2003 Report Posted March 20, 2003 I posted a chart of the SPX on the MIT forum showing the structure of the index as I see it. Here is the link SPX - 240m If the market trades as I expect, we should have a negative close today with an inside day tomorrow.... This is just speculation of course
Guest bullseatshitndie Posted March 20, 2003 Report Posted March 20, 2003 Upgrading the supermodels today..what a coincidence.. nvls is running. fade the upgrade.
sheet4brain Posted March 20, 2003 Report Posted March 20, 2003 I went over the numbers last night....874 is very important (+/-3). Above that it opens the door for 915. I don't see it above that number before it goes to 726 first. In my opinion the "good" rally starts from 726 For the sake of us bears, let's hope Doc's 13-day cycle cmap gets a 'decapitation strike' with today's (big) drop
Guest bidhitter Posted March 20, 2003 Report Posted March 20, 2003 Tgts met..covered all postions In the weeds for a bit
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