oops!, she's a sinking... buying opportunity or bear trap? I
will be adding to my core portfolio via stink bids but staying out
of short term trading for now. The Renko's are not happy!
seems like a simple game plan today. Sold my shorts at around
1248. Stand pat for a fib retracement to around 1256 and short
again. (or do nothing till Monday). Tempted to short though... also
keep an eye on the USD, getting close to its resistance
kalimm, don't know if that question was directed at me but if
so, I don't know or care what Prehcter (or anyone else for
that matter) is "predicting". My own common sense and gut feeling
has been doing alright by me for the last while.
I'm thinking 5th wave up and Vix near the bottom of its triangle
go short big time! I'm thinking this market is hanging on by a
thread and technicals. I'm thinking we come down like a
shootimg star any minute now...
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I'm thinking just the opposite...
Posted by Palladin on 13th of Dec 2011 at 03:39 pm
I'm thinking just the opposite...
I checked my other feed,
SPY - huge momentary up spikes CONSTANTLY in last 45 minutes - I lost count
Posted by Palladin on 13th of Dec 2011 at 01:53 pm
I checked my other feed, I see them there. But I would call them tails or shadows (or volatility ) as they originate from a candle.
FWIW, I also follow the
SPY - huge momentary up spikes CONSTANTLY in last 45 minutes - I lost count
Posted by Palladin on 13th of Dec 2011 at 01:44 pm
FWIW, I also follow the SPY 1 min. and not seeing those spikes...
Steve, could that not be forming
SPX 4 Hour Chart
Posted by Palladin on 12th of Dec 2011 at 11:16 am
Steve, could that not be forming an IH&S to play out after a little further downside?
I don't even bother looking
SPY 5 and 1 min
Posted by Palladin on 8th of Dec 2011 at 12:20 pm
I don't even bother looking at volume lately. Low volume and the market creeps up.
went long with a tight
SPY 5 and 1 min
Posted by Palladin on 8th of Dec 2011 at 12:06 pm
went long with a tight mental stop. small position. I'm getting dizzy...
I said I woul not
SPY 5 and 1 min
Posted by Palladin on 8th of Dec 2011 at 11:56 am
I said I woul not trade today but man I am tempted to go long. Maybe after one more bounce off resistance around 1247, maybe...
make or break
Posted by Palladin on 8th of Dec 2011 at 11:42 am
oops!, she's a sinking... buying opportunity or bear trap? I will be adding to my core portfolio via stink bids but staying out of short term trading for now. The Renko's are not happy!
Agreed, but I'm prone to
short SPY
Posted by Palladin on 8th of Dec 2011 at 11:32 am
Agreed, but I'm prone to cash at this juncture
close to the truth
Posted by Palladin on 8th of Dec 2011 at 11:12 am
we need to crack up soon or the longs are buggered!
yeah Matt. Keep those 1's
down day
Posted by Palladin on 8th of Dec 2011 at 11:04 am
yeah Matt. Keep those 1's and 5's coming! Oh, don't forget to tell us when the breakout will happen
down day
Posted by Palladin on 8th of Dec 2011 at 10:39 am
seems like a simple game plan today. Sold my shorts at around 1248. Stand pat for a fib retracement to around 1256 and short again. (or do nothing till Monday). Tempted to short though... also keep an eye on the USD, getting close to its resistance
the whole alarm hasn't been
Slow system
Posted by Palladin on 6th of Dec 2011 at 03:01 pm
the whole alarm hasn't been showing im my system for awhile. Just click the gray area
nah its all technicals. 1264- 1266 will
Posted by Palladin on 6th of Dec 2011 at 03:00 pm
nah its all technicals. 1264- 1266 will tell a story. To short or not too short
the contrarian in me says
Bucky, Cable, and EuroThe three big boys, seem to vote ...
Posted by Palladin on 3rd of Dec 2011 at 01:39 am
the contrarian in me says -the fact too many people use it, all the more reason to keep an eye on the MACD grasshopper!
kalimm, don't know if that
prechter...FYI
Posted by Palladin on 2nd of Dec 2011 at 02:19 pm
kalimm, don't know if that question was directed at me but if so, I don't know or care what Prehcter (or anyone else for that matter) is "predicting". My own common sense and gut feeling has been doing alright by me for the last while.
But I am a gambler.
a good one if gold,
PNP.TO
Posted by Palladin on 2nd of Dec 2011 at 10:38 am
a good one if gold, silver and O Canada takes off!
Prechter goosed himself for what
prechter...FYI
Posted by Palladin on 2nd of Dec 2011 at 10:32 am
Prechter goosed himself for what 3 years now?
Jump off that boat while you still can...
I'm thinking 5th wave up
Posted by Palladin on 2nd of Dec 2011 at 05:59 am
I'm thinking 5th wave up and Vix near the bottom of its triangle go short big time! I'm thinking this market is hanging on by a thread and technicals. I'm thinking we come down like a shootimg star any minute now...
I'm just thinking... had to put my dog down.
the first one was right
Went long yesterday....i'm not a genious,genuss, gennios....uhhh smart guy.
Posted by Palladin on 30th of Nov 2011 at 02:01 pm
the first one was right (genious) But I do like the alternatives...
I agree about shorting. I have to feel very very agressive before I short but I dump them very quickly (as soon as i get some Vodka money )
But i WILL short or close positions as soon as sentiment turns overly bullish! ...pretty close to that now.