update since the Dow hit another 52-wk intraday low: Date Dow Intrdy Low NYSE 52Wk Lows 9/18/2009 10404 1108 9/29/2008 10267...
777, that's the point. If there were 1500 or 2000 new lows today it would mean everything was crashing. But there was much less. So everything...
Date Dow Intrdy Low NYSE 52Wk Lows 9/18/2009 10404 1108 9/29/2008 10267 1170 10/10/2008 7774 2901...
Okay I'm not fooling around with this trade any more, just got out. Overall it worked out really well. Volume is really really high today and...
Now that we have hit new lows, I am trailing a pretty tight stop on DXD. Don't want to lose a lot on an upwards whip-lash.
AMT can you school us up some more on your price/volume concepts? Got any charts?
http://www.nraila.org/Legislation/Federal/Read.aspx?id=4329 Step 1: Get them registered Step 2: Take them away
Simple statements about price and volume relationships are almost always wrong. The relationships are not 1 to 1; a low-volume decline may mean...
Looks to me like an obvious setup that comes along once in a while, for an intermediate term short. I'll try to sell my DXD around 100, but I'll...
Here's the put/call ratio which we have not discussed yet, but is another source of data discussed by Mamis and others. [img]
Here's the highs/lows: [img]
I noticed something unusual in the H/L & price charts the last few days, which led me to pick up a new intermediate short position (30-90 days,...
Definitely, the market has changed. With my mid-long term trading, I just closed a big short position today.
3 mo chart update [img]
Here is a weakness. You need hard rules. Easiest to start with just inputting a direction associated with each S/R level (trade bounce or breakout).
Excellent. You will need to estimate the probabilities by giving yourself a blind test-- identifying S/R levels then scrolling the chart to the...
Still short. The highs/lows ratio is better than in October, with price is mostly lower; that's a kind of divergence. However, I interpret...
3 month chart update [img]
Here's my analysis (1) Completely different situation than 2002. Far more stocks got hammered this time. (2) Price is king-- trend is still...
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