Posted by burkmere on 17th of Oct 2012 at 05:17 pm
we're just getting a typical opex bounce from oversold
conditions...I suspect come Friday or next week the market will
contnue lower...how low? Hmm...I like that 1380ish
numbuh..but who knows?
Posted by burkmere on 12th of Oct 2012 at 01:42 pm
I know there's a "moon date" around Monday..(give or take a day
I guess)...but when is the next "moon date" following that?
Looks like a low for this date...
Yeah, just referring to the small gap on the daily Aug.
16th..nevertheless a gap..and one of almost two months
duration...and yep, AAPL dragging it down, for sure...
Posted by burkmere on 13th of Sep 2012 at 02:18 pm
Looks like XLF broke daily resistance from last
March/April...and should outperform going forward...even if you
don't believe in the reflationi thing, just from a technical
perspective maybe take a long with a stop at the March/April
high....
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Methinks..
aapl
Posted by burkmere on 17th of Oct 2012 at 05:17 pm
we're just getting a typical opex bounce from oversold conditions...I suspect come Friday or next week the market will contnue lower...how low? Hmm...I like that 1380ish numbuh..but who knows?
Ok..
Closing long?
Posted by burkmere on 16th of Oct 2012 at 07:09 pm
thanks.
Closing long?
Posted by burkmere on 16th of Oct 2012 at 01:22 pm
Any possibility of closing the long today? Just curious...
Thanks, Steve.
Moon dates?
Posted by burkmere on 12th of Oct 2012 at 03:28 pm
Not what I asked..
Moon dates?
Posted by burkmere on 12th of Oct 2012 at 03:22 pm
Thanks Tom. But that's not what I asked. I asked for the moon date after the one that is on Monday. And this chart doesn't indicate that. ;)
Moon dates?
Posted by burkmere on 12th of Oct 2012 at 01:42 pm
I know there's a "moon date" around Monday..(give or take a day I guess)...but when is the next "moon date" following that? Looks like a low for this date...
Bounce from 1420-25?
Posted by burkmere on 12th of Oct 2012 at 11:50 am
Matt?Steve..all...still expecting a bounce from the 142025 level or so on the SPX? Maybe a bounce during options expiry week?
In fact..
bear flag on the 5 min...suprisingly we didnt even go to down to that 1420 level on the spx..
Posted by burkmere on 11th of Oct 2012 at 01:39 pm
Originally, I was thinking maybe we needed a bigger decline than 1420 to run into year end to refresh the negativity ..but maybe not..
Plenty of time for that...
bear flag on the 5 min...suprisingly we didnt even go to down to that 1420 level on the spx..
Posted by burkmere on 11th of Oct 2012 at 01:10 pm
RSI 2 buy on qqq
SPX daily, and 60
Posted by burkmere on 9th of Oct 2012 at 04:07 pm
since it's below 5 (barely)...not quite there yet on the spx..(around 10)...I dipped my toes in for the qqq buy...we shall see...
109 points straight down on the ndx from the top on Friday to the bottom today ...might be time for a bouince tomorrow...
Thanks, Matt...
NDX gap fill
Posted by burkmere on 9th of Oct 2012 at 12:33 pm
Yeah, just referring to the small gap on the daily Aug. 16th..nevertheless a gap..and one of almost two months duration...and yep, AAPL dragging it down, for sure...
NDX gap fill
Posted by burkmere on 9th of Oct 2012 at 12:22 pm
NDX filled a gap on the daily from Aug. 16th...maybe a bounce here...RSI2 is below 5...
Thanks,Matt...
Spy trade status?
Posted by burkmere on 5th of Oct 2012 at 12:24 am
Spy trade status?
Posted by burkmere on 4th of Oct 2012 at 06:25 pm
It's been about two weeks now since our spy trade (first entry)...any update as to if it's near a sell or anything? Just curious. Thanks.
Depdends on...
Current Trade Status
Posted by burkmere on 3rd of Oct 2012 at 01:45 pm
if it sells on this probable coming pullback or if it guts it out...certainly we'll test at least 1425 spx..if not lower....
Next Moon change?
Moon cycle
Posted by burkmere on 18th of Sep 2012 at 11:26 am
Anyone, when is the next "Moon" cycle change scheduled?
Financials..
Posted by burkmere on 13th of Sep 2012 at 02:18 pm
Looks like XLF broke daily resistance from last March/April...and should outperform going forward...even if you don't believe in the reflationi thing, just from a technical perspective maybe take a long with a stop at the March/April high....
Could be a momentary blip...
Low rates until 2015 heh?
Posted by burkmere on 13th of Sep 2012 at 01:46 pm
It could be fear of inflation rather than the real result. Regardless, the market will respond even to the fear for a period of time.
Doesnt look ...
Gotta think this is a low risk short here...
Posted by burkmere on 13th of Sep 2012 at 01:35 pm
like it...reflation going on folks...could be looking at new highs in the SNP by year's end....
May 1 2008...
Posted by burkmere on 6th of Sep 2012 at 12:31 pm
The high in the $spx was 1440 in May of 2008. Next resistance.