35854 replies to this topic

[Redeemer]

   

Haha, prepare to be amaaaaazed!

[AJS]

I'd be amazed if we end up today (not that I've not been amazed before)  . Short @41827, IG

 

Haha, prepare to be amaaaaazed!

[Redeemer]

I'd be amazed if we end up today (not that I've not been amazed before)  . Short @41827, IG

[fabes]

Agree Chubby, it defies the charts and every analyses you through at it.  Which makes me think that, when support is going to cave in and those buyers disappear, the fall is going to be hard.  Once again, just my (amature ) opinion based on what I see in the charts.  But I mean, rallying almost 2000pts from 40600-ish to Friday , that negative div just got bigger.  Doji on dailies as well.

Agree Ajs. Fall is going to be bigger than last time. I thought it would go atleast to 425, before going down. It might still happen later this week, but not putting money on it. Closed my long from 412 @ 42020 last Thursday.

[fabes]

It does..but what irks me is that we have negative divergence for about a week now and negative divergence on breadth especially on the Top40. Literally 3/4 shares pushing the index higher and higher but buyers are not liquadating their positions so up and up we go. With the Rand where it is it just wont go down. Head and shoulders on the one hour but it just amazes me how vociferously all dips are just snapped up..even at such lofty levels!

well said chubby. It's never that easy to make money on the Alsi. Everything says down and I don't trust it, but yet I'm in short. Willing to take a 100 point knock if she pulls that stunt and go up. Hedged with binaries just incase.

[AJS]

It does..but what irks me is that we have negative divergence for about a week now and negative divergence on breadth especially on the Top40. Literally 3/4 shares pushing the index higher and higher but buyers are not liquadating their positions so up and up we go. With the Rand where it is it just wont go down. Head and shoulders on the one hour but it just amazes me how vociferously all dips are just snapped up..even at such lofty levels!

 

Agree Chubby, it defies the charts and every analyses you through at it.  Which makes me think that, when support is going to cave in and those buyers disappear, the fall is going to be hard.  Once again, just my (amature ) opinion based on what I see in the charts.  But I mean, rallying almost 2000pts from 40600-ish to Friday , that negative div just got bigger.  Doji on dailies as well.

[fabes]

Charts show negative divergence across the board.  I am taking my queue from the charts.

can't help but think Alsi will pull a dirty on us like last week. I've scrapped the idea of long. Took a small short position with a tight SL.

[AJS]

Mornings. I take it the bears will be out in force today?

 

I'm sitting out for the morning. Hoping to get a lower entry point for a long. Alternatively, I will possibly short if we go higher(very big maybe).

 

Waiting for Alsi to show me the way. Not too concerned about the East being red, the Alsi has been on her own buzz the last week.

 

Charts show negative divergence across the board.  I am taking my queue from the charts.

[fabes]

Mornings. I take it the bears will be out in force today?

 

I'm sitting out for the morning. Hoping to get a lower entry point for a long. Alternatively, I will possibly short if we go higher(very big maybe).

 

Waiting for Alsi to show me the way. Not too concerned about the East being red, the Alsi has been on her own buzz the last week.

[Redeemer]

ha ha ha ha...this is really silly

I like it though!

A silly (but cool) chart...

[OceanWalz]

far as I know there is no trading on USA today - so no 3-4 pm dip force from there on our T40 - but  I agree that we should see a bit of corrective red here - even a slightly lower Tuesday before another high there later in week = anyway that is what I see on SPX chart

[AJS]

Chinese figures a bit disappointing. Think we should see some red today, it's strange that Asia isn't lower than it is now.

 

Howzit Jakes, its been a while!

[Beorn]

Chinese figures a bit disappointing. Think we should see some red today, it's strange that Asia isn't lower than it is now.

[orca]

Looks like a Lampole to me. 

[AJS]

A silly (but cool) chart...

Attached Files

•  Bd80s-cCcAAkhgE.png   232.26KB   24 downloads

[AJS]

20Y seasonal chart of S&P.  Currently directly the opposite for Jan.  Well, if this opposite trend continues, lets see if the last two weeks brings weakness then, since this charts shows some push into Feb.

Attached Files

•  S&P_seaonality.png   55.43KB   25 downloads

[AJS]

Not promoting or implying anything, just sharing!  Different version of the one S posted originally.

 

And a cool quote from Jesse Livermore, one of the greats of Wall Street:

 

"There is nothing new on Wall Street or in stock speculation. What has happened in the past will happen again, and again, and again. This is because human nature does not change, and it is human emotion, solidly build into human nature, that always gets in the way of human intelligence. Of this I am sure."

Attached Files

•  Wall_street_movies.png   294.39KB   37 downloads

Edited by AJS, 18 January 2014 - 04:53 PM.

[AJS]

Thanks AJS. Keep them coming!

Worth noting that the macd high yesterday was lower that the macd high end Dec. So higher high, but macd and i suspect a couple others show bigger negative div. Maybe the 21st does hold something...

Sent from my GT-P5100 using Sharenet Sharechat mobile app

 

Yeah, I can't help but still feel biased towards to bearish side.  Damn! 

[davidp13]

The charts show negative divergence across 30min,60min,5H,daily... 

Thanks AJS. Keep them coming!

Worth noting that the macd high yesterday was lower that the macd high end Dec. So higher high, but macd and i suspect a couple others show bigger negative div. Maybe the 21st does hold something...

Sent from my GT-P5100 using Sharenet Sharechat mobile app

[AJS]

The charts show negative divergence across 30min,60min,5H,daily... 

Attached Files

•  30min_neg_div.png   54.39KB   36 downloads