|
THUR
Oct 9, 2014 13:57:04 GMT -5
Post by huh on Oct 9, 2014 13:57:04 GMT -5
look how they triggered the stops at yesterdays low and then bought it for a bounce Yesterday did the same thing with the 10/02 low. I still think MM's will make up all of their lack of performance compared to the S&P in one large squeeze. But they need retailers out of their way - FEAR!
|
|
|
Post by huh on Oct 9, 2014 14:20:05 GMT -5
SODA's green. Anyone buying it? Muhahaha Heavy resistance in the 21.50's (rising wedge & 61.8 FIB). Could possibly overshoot to the 21.75-21.90 range. SODA hit those two resistances right to the penny. I love this end of QE thing. Charts work so much better.
|
|
|
Post by huh on Oct 9, 2014 14:28:56 GMT -5
It'll probably only make a fool of me again, but here goes anyway...
AAPL could be setting up a bullish move here. Target ~104.50. Trading at 101.30, stop @ 100.78.
|
|
|
THUR
Oct 9, 2014 14:35:10 GMT -5
huh likes this
Post by clinton on Oct 9, 2014 14:35:10 GMT -5
SODA's green. Anyone buying it? Muhahaha Heavy resistance in the 21.50's (rising wedge & 61.8 FIB). Could possibly overshoot to the 21.75-21.90 range. SODA hit those two resistances right to the penny. View AttachmentI love this end of QE thing. Charts work so much better. yeah and the fed wont be buying at every bear flag to kill them
|
|
|
THUR
Oct 9, 2014 14:36:25 GMT -5
Post by huh on Oct 9, 2014 14:36:25 GMT -5
Looks like GLD about to take a quick move down.
|
|
|
THUR
Oct 9, 2014 14:53:51 GMT -5
Post by huh on Oct 9, 2014 14:53:51 GMT -5
Come on market, close already. I want to find out why there's been all this selling. Hoping we'll find out tonight.
|
|
|
Post by huh on Oct 9, 2014 15:03:34 GMT -5
So out of the 14 or 15 charts I was tracking today looking for any potential bullish move, ALL of them failed. Whether it were downside support, potential squeeze set-up, bullish breakout, whatever. Even though F didn't lose the worst case FIB support <13.77, it did lose the uptrend support from yesterday's low.
Now that's a day.
|
|
|
Post by huh on Oct 9, 2014 15:05:47 GMT -5
It'll probably only make a fool of me again, but here goes anyway... AAPL could be setting up a bullish move here. Target ~104.50. Trading at 101.30, stop @ 100.78. OK, that's it. AAPL is now officially my charting iNemesis. Didn't lose the FIB support, but confirmed a bear flag target back down to 99.99 into the close. I am NEVER making another call on this one AGAIN! (BTW if it hits 92.00, BUY IT! But looks as if 100 is the buy right now)
|
|
|
Post by jacksrbtr on Oct 9, 2014 15:07:44 GMT -5
Come on market, close already. I want to find out why there's been all this selling. Hoping we'll find out tonight. Fear of German recession, the Hong Kong cluster and Aunt Bee who is now reported missing.
|
|
|
Post by huh on Oct 9, 2014 15:09:25 GMT -5
Come on market, close already. I want to find out why there's been all this selling. Hoping we'll find out tonight. Fear of German recession, the Hong Kong cluster and Aunt Bee who is now reported missing. LOL Nah, all of those things been around for a while already.
|
|
|
Post by sloop on Oct 9, 2014 15:11:23 GMT -5
THAT AUNT BEE IS A CONSERVATIVE!!!!
|
|
|
Post by sloop on Oct 9, 2014 15:13:32 GMT -5
YOU ARE AWARE THAT ARCHIE BUNKER IN REAL LIFE WAS A FLAMING LIBERAL RIGHT?
|
|
|
Post by huh on Oct 9, 2014 15:17:28 GMT -5
Amazes me how few over on ST saw this coming. I follow some pretty smart traders; many are "Pros". Even the best one I follow did see yesterday's bullish move, but when it was already halfway done; and he suspected some down today, but started longs about 25% of the way into it.
So last couple days I've been tempted to post some of the things I've posted here over on ST. Especially the bullish pattern intraday yesterday, the impending fall to follow it, or even the XLE bearish patterns I've been following.
But then I figured, Naaah!
That sites good for posters who have a subscription service or book to promote, or for those who want bash those same posters. That's about it. Tried helping someone with a stock, and they quickly dismiss me because one suggested stop would have gotten hit yesterday, and then it bounced a few cents. Well today they would have been happy to have been stopped out.
I don't get it. Charge someone for your advice and they're happy to receive it, even if it's wrong. But give it away for nothin' and you're a punching bag.
That's why I like this board. Tried pulling some people over previously to get more posters, but screw 'em!
|
|
|
THUR
Oct 9, 2014 15:17:58 GMT -5
Post by jacksrbtr on Oct 9, 2014 15:17:58 GMT -5
THAT AUNT BEE IS A CONSERVATIVE!!!! Then why'd you wanna kill her for?
|
|
|
Post by huh on Oct 9, 2014 15:23:29 GMT -5
Are you guys talking about this Aunt Bee? or this one
|
|
|
THUR
Oct 9, 2014 15:28:21 GMT -5
huh likes this
Post by jacksrbtr on Oct 9, 2014 15:28:21 GMT -5
Are you guys talking about this Aunt Bee? or this one She ain't conservative - cant be either one.
|
|
|
Post by huh on Oct 9, 2014 15:41:35 GMT -5
OK, my last post for the day (probably). Me and my mouse are tired. Noticed this after the close: VIX closed right on the iH&S target (green). But closed above the rising wedge apex (red). And most importantly, it closed ABOVE the top downtrend line (blue) - that resistance is almost 2 years old. This same blue resistance marked the bottoms in SPX at: 1402 (12/27/12), 1560 (06/24/13) 1646 (10/09/13), and, 1739 (02/03/14) Look at a chart of those lows in SPX and you'll see why this is so significant. Keep a close eye on the VIX here. Still possible for VIX ~23.00 with the potential cup'n'handle (white). IMHO, if VIX hits 23.00 and SPX is at or under it's 200dma...well, you know what to do. (especially if it's with an opening gap!) 18.00 is the support for VIX.
|
|
|
Post by jacksrbtr on Oct 9, 2014 15:48:11 GMT -5
Nice work huh - have a beer on us now!
|
|
|
Post by crumbdon on Oct 9, 2014 17:21:45 GMT -5
Amazes me how few over on ST saw this coming. I follow some pretty smart traders; many are "Pros". Even the best one I follow did see yesterday's bullish move, but when it was already halfway done; and he suspected some down today, but started longs about 25% of the way into it. So last couple days I've been tempted to post some of the things I've posted here over on ST. Especially the bullish pattern intraday yesterday, the impending fall to follow it, or even the XLE bearish patterns I've been following. But then I figured, Naaah! That sites good for posters who have a subscription service or book to promote, or for those who want bash those same posters. That's about it. Tried helping someone with a stock, and they quickly dismiss me because one suggested stop would have gotten hit yesterday, and then it bounced a few cents. Well today they would have been happy to have been stopped out. I don't get it. Charge someone for your advice and they're happy to receive it, even if it's wrong. But give it away for nothin' and you're a punching bag. That's why I like this board. Tried pulling some people over previously to get more posters, but screw 'em! [Still laughing about "iNemesis"] Huh, For the life of me, I can't figure out why you're so generous with your knowledge. All I can do is thank you for sharing and wish I had a way to repay you for what you've taught me so far. This board still rocks. Lots 'n lots of good info from many good people. Amazing it's stayed this way for so long.
|
|
|
THUR
Oct 9, 2014 19:10:36 GMT -5
Post by jacksrbtr on Oct 9, 2014 19:10:36 GMT -5
|
|