It reminds me of back in July 09 or late Feb through March of
this year, the market rallied and rallied without much
pullback. Go with the flow until it changes.
The market works this way; most of the time it will trade in
short ranges where it get's overbought and oversold fairly quickly,
and then once in a while you get strong trending moves that last
for a long time where overbought can stay overbought for a long
time and oversold can stay oversold for a long time
then they will dump it...in reality probably gonna screw all the
put holders by holding it here through Friday.
By the way, I am gonna win $94 million powerball tonight... then
these mech systems will get a real hard work out and so will my
private island's beach...
144 stoch on 15 min chart
Posted by isplat on 15th of Sep 2010 at 03:59 pm
Jeepers, how much longer is this critter gonna stay above 80???
Are you looking at SPY?
Posted by darnelds on 15th of Sep 2010 at 04:23 pm
Are you looking at SPY?
SPX, but same thing, really.
Posted by isplat on 15th of Sep 2010 at 04:26 pm
SPX, but same thing, really.
yep, it can stay for
Posted by matt on 15th of Sep 2010 at 04:03 pm
yep, it can stay for a long time
It reminds me of back in July 09 or late Feb through March of this year, the market rallied and rallied without much pullback. Go with the flow until it changes.
The market works this way; most of the time it will trade in short ranges where it get's overbought and oversold fairly quickly, and then once in a while you get strong trending moves that last for a long time where overbought can stay overbought for a long time and oversold can stay oversold for a long time
as soon as you go long
Posted by perthx on 15th of Sep 2010 at 04:02 pm
then they will dump it...in reality probably gonna screw all the put holders by holding it here through Friday.
By the way, I am gonna win $94 million powerball tonight... then these mech systems will get a real hard work out and so will my private island's beach...
perthx,
Posted by isplat on 15th of Sep 2010 at 04:18 pm
it is my most fervent wish that you win the powerball! Please supply exact time when you will be yanking the rug out from under the market