Something Basic And Worthy Of Repetiton

[BubbaBear]

"Service can only get better now that we're in Chapter 11," said UAL Chairman and Chief Executive Glenn Tilton at a press conference at O'Hare International Airport.

link

 

It's easy to make money when you don't have to pay your debts

[DrStool]

Rock-

 

There's method to Doc's madness. I like to tease 'em every so often. :wink2:

[simple guy]

Pile

 

Thanks... a monkey can see 25.50 to 25.60 gaps on Q's, should fill shortly.

 

THat said... its also possible we are wafting from 25.80 to 26.50 for a bit longer yet before they give it up.

 

There is support from Nov 15 and Nov 19th in those areas.

 

SG taking ST profits at 1045 QQQ print. I never get the exact bottom nor the exact top.

 

That said... a 4% plus return on a 6 figure Friday night trade ... you take profits... and you sit and wait, and you enter again.... this shit adds up

 

Out til later this afternoon... good luck y'all....

 

Watch for 25.60 gap on Q's... and then a ramp job...

[sniff]

timeframe: intraday

 

No trades yet. I do have a couple buy limit orders on but no hits.

 

Buy at support level 1 or buy into strength resistance level 1... If they do not hit, I will just continue to watch and scheme.

[Guest AssMaster]

Just a note:

 

AMAT dropping like a stone, at support, gap over head and one FAR below also.

Also, have a look at the energy stock NWN. bottoming process, gap over head.

[Guest]

9:30 AM CST CBOE P/C

 

Equity 0.56

Index 1.15

Overall 0.68

 

Nice and bearish

[Metamucil]

Good action on the NAZ.

Shorting the SMH has been a pleasure. Fibo levels below.

 

 

 

It doesn't matter who they put in charge of anything. The Hurst cycles do not care. :grin:

[Rockhead]

Rock- Looking at the 1 day cycle cmaps etc. you should be able to shave something out iof that, maybe more than something, but still may be 1 more shake of the tree limb down to 900.

 

 

Thor opened an intraday discussion thread over on Stool's Gold.

Nice idea, I think!

Not worried......tight stop. But you gotta follow your indicators and mine said..."dong". Was indeed a bit early, but was a bit bored. I think now....at QQQ 25.89-25.91 was the proper dong entry for the short term. Oh well, .12 in the hole. If it dont bounce on this "cycle" for me, am closing it.

[richmtn]

Covered waiting for the bounce to reload.

 

[fxfox]

doc,

now low should be in, right?

[DrStool]

Beinz' he cain't hear the laughter, if any, Doc could use a little feedback.

 

Did you check out Doc's new signoff on page 10 of Friday's PM thread?

 

I plan to make it a regular feature. Thanks to ano for updating the pattern!

 

I know, you younger guys won't get it.

[sheet4brain]

but still may be 1 more shake of the tree limb down to 900.

Are we all done with the shaking? With the big 7B feed, SG closing his shorts, and Doc's cmaps, I think it's quite reasonable to expect a half-decent jam today before the real toast tomorrow.

[DrStool]

FX-

 

Look at the 3 day 5 day and 8 day. The 3 day is already on a sell. The 5 is close, and the 8 could abort early. I wouldn't trade this dong, but that's just me.

 

Like rock says, depends on your time horizon. I see the up phase as a weak swup.

[GregFokker]

Yeah Doc, it's a humdinger. I'm a young'un, but remember the tune from David Lee Roth/Van Halen's cover of it on Diver Down or one of those ole classics.

 

:grin:

[Metamucil]

SPX proxy holding fibo support.....for now.

 

 

"The lack of relationship between cyclicality and historic events is clear-cut".

--------------------------------J.M. Hurst