Posted by marketguy on 27th of Nov 2011 at 01:15 pm
from another list on stockcharts....I tweaked some but basically
the same premise (a cross under the red line is not good and a
cross of the white line under the red is
REALLYnot good)...
thus, doesn't look particularly bullish longer term
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is it really? that would
Volume was lower today at the time the market closed ...
Posted by marketguy on 28th of Nov 2011 at 02:06 pm
is it really? that would be absolutely incredible given the size of this move up....
actually, maybe you're right tomw1....Cramer
Europe up huge.
Posted by marketguy on 28th of Nov 2011 at 08:53 am
actually, maybe you're right tomw1....Cramer just said buying the open this morning would be "criminal"....talk about a contrarian indicator!!!!
support on TZA.....
Posted by marketguy on 28th of Nov 2011 at 08:21 am
watch gap fills and other support.....like RP I'll "probably" start adding to some shorts at these levels with a stop under $32....
could be but actually just
Europe up huge.
Posted by marketguy on 28th of Nov 2011 at 08:02 am
could be but actually just sold 1/2 my remaining longs (that I was using as a small hedge)....
"could" be but I think
Santa Claus rally has begun....
Posted by marketguy on 27th of Nov 2011 at 10:00 pm
"could" be but I think this won't last any longer than maybe 10 days at the most (and I doubt it'll get much higher than maybe 1220-1230).....
the other possibility is this gets sold "immediately" tomorrow in which case a move to 1100 could be in the cards by week's end.....
another potential....
Posted by marketguy on 27th of Nov 2011 at 08:21 pm
bounce signal (combing through a bunch of old charts tonight)....
picked up....
Posted by marketguy on 27th of Nov 2011 at 01:15 pm
from another list on stockcharts....I tweaked some but basically the same premise (a cross under the red line is not good and a cross of the white line under the red is REALLY not good)...
thus, doesn't look particularly bullish longer term
doesn't look like....
Posted by marketguy on 27th of Nov 2011 at 12:20 pm
it gets much more important than this for gold....