35854 replies to this topic

[fabes]

That's one test of 39100. More to come...

Patience is driving me insane. Wanna enter, but it's early days. Next test, I'm entering long at 39150 if it fails.

[RBM]

This could be the signal of the triple bottom and if true then its quite obvious that the last strong bull run could be in place

Edited by RBM, 12 December 2013 - 11:01 AM.

[K~~]

First have to see if that all-important 39100-39000 level holds for a tripple bottom. If not, watch out below.

 

I'm not entering any position atm, will lie low crocodile style.

 

K

 

That's one test of 39100. More to come...

[Lekkerry]

begging got booted - thanks for patience! 

 

39180-200 (J200) is begging for a long entry....

 

To long or not 

[AJS]

Hold on, new low coming !

[RBM]

should we break todays low, we will see around 38800

and if we dont it will be a bumpy ride up i think

[RBM]

should we break todays low, we will see around 38800

[fabes]

Its just a bounce till 39400 we should wack down again after that

Thanks Chubby. Tought so as well. I first wanna see the downside playing out before going long. I'll rather get in at 395 and be safe then 392 and I take a knock if she breaks 390.

[RBM]

Its just a bounce till 39400 we should wack down again after that

I like the theory of the triple bottom

[fabes]

I am already in long, I made good money of the short I held last night

Great stuff. Wish I went short yesterday.

 

A, your call was indeed excellent. The bull run was strong and I didn't think it was gonna end until it started.

 

I am expecting a drop and wanna jump in there, but right now it does look like it's gonna happen, but I'll be a little patient and rather get in a little later when I am sure.

[AJS]

Its just a bounce till 39400 we should wack down again after that

Agree.

[RBM]

As far as I know the red hanger sale only last for a limited time period. I am really tempted to go long as it looks like everything is sold out.

 

Chubby, I think I'll join you in a little while.

 

R are you joining me?

I am already in long, I made good money of the short I held last night

[Argento]

Kudoos big time  A .

 

Call of the century or the mother of all calls!!

 

Note the time  1.01pm when top 40 was about 39850!

 

You are brilliant, extremely brilliant.

 

It takes real guts to make a call like this.

 

No I think, if or buts!!

 

Lets all give credit to where credit is due.

Thanks Polly, only charts!

 

A

[Lekkerry]

39180-200 (J200) is begging for a long entry....

 

To long or not 

[fabes]

 

_{Only reason she is bouncing is due to the 30 min bearish cross just made...sell the rallies!}

 

_{Don't miss the red hanger sale...doors open tomorrow!}  

 

_A

 

As far as I know the red hanger sale only last for a limited time period. I am really tempted to go long as it looks like everything is sold out.

 

Chubby, I think I'll join you in a little while.

 

R are you joining me?

[AJS]

Mhlato, that system of yours is kinda based on "mean reverting" assumption/principal... Looks quite interesting I must say.

[Polly]

_{Only reason she is bouncing is due to the 30 min bearish cross just made...sell the rallies!}

 

_{Don't miss the red hanger sale...doors open tomorrow!}  

 

_A

 

Kudoos big time  A .

 

Call of the century or the mother of all calls!!

 

Note the time  1.01pm when top 40 was about 39850!

 

You are brilliant, extremely brilliant.

 

It takes real guts to make a call like this.

 

No I think, if or buts!!

 

Lets all give credit to where credit is due.

[Polly]

_{Only reason she is bouncing is due to the 30 min bearish cross just made...sell the rallies!}

 

_{Don't miss the red hanger sale...doors open tomorrow!}  

 

_A

 

Kudoos big time  A .

 

Call of the century or the mother of all calls!!

 

Note the time  1.01pm when top 40 was about 39850!

 

You are brilliant, extremely brilliant.

 

It takes real guts to make a call like this.

 

No I think, if or buts!!

 

Lets all give credit to where credit is due.

[fabes]

Thats the million dollar question..moves have been event driven and not technical. My bet is they wont taper until January..Im going to add some longs at 200

I'm spectactor until further notice. I don't really see us breaking below 39100, but bears are quite strong so won't enter long. Won't go short either cause if the bulls take this market back it gonna be slaughter like yesterday where bulls got slaughtered.

[K~~]

Thats the million dollar question..moves have been event driven and not technical. My bet is they wont taper until January..Im going to add some longs at 200

 

 

This is now a bearparty (under daily 89 green line) and ain't no bull invited!

 

Funds going to push her down into next week (futures close-out), got a cycle bottoming and with the FOMC meeting seems pretty much we can expect that bottom...question is where is she going to turn (38000!?), got a daily bearish cross approaching so let the mudslide begin..don't bet on that 39000 IG level holding!

 

SPX made a double top with a target of around 1742ish!Then I think we should see a strong rally into 2014...

 

A

 

First have to see if that all-important 39100-39000 level holds for a tripple bottom. If not, watch out below.

 

I'm not entering any position atm, will lie low crocodile style.

 

K