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Post by huh on Aug 25, 2015 10:07:50 GMT -5
Good chance gold backtests the 1120-1125 area. I had hoped it wouldn't. (or at least that miners would rally with the market and ignore gold)
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Post by novie08 on Aug 25, 2015 10:15:46 GMT -5
Doesn't look like it's the RESISTANCES that we have to be concerned with... It's looking like it could be the reverse of yesterday. Just sayin'. Scratch that.
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Post by novie08 on Aug 25, 2015 10:20:17 GMT -5
wow, someone just bought some silver. Maybe gold to follow...but hesitate to post as the bots usually read this site.
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Post by huh on Aug 25, 2015 10:26:59 GMT -5
NBG HOD so far .669. The algos, they're messing w/me! NBG filled an upside gap with HOD. That channel support now ~.66. If it were to lose that, it'll get slammed. NBG LOD .66
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Post by huh on Aug 25, 2015 10:32:30 GMT -5
wow, someone just bought some silver. Maybe gold to follow...but hesitate to post as the bots usually read this site. ST: And apparently not just the bots reading it. Those my numbers! LOL (jk of course, we all have the same road map. Besides, although he has the cheesy smile, no suit or charts on a screen behind him. It's not a glamour shot. I'm OK with that. OT, anyone remember those Glamour Shot places in the malls years ago?)
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Post by novie08 on Aug 25, 2015 10:46:42 GMT -5
I'm sure you are much better looking than venky...btw, still miss walnut's handsome avatar!
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Post by huh on Aug 25, 2015 11:13:37 GMT -5
You had a bad week in the market?
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Post by crumbdon on Aug 25, 2015 11:20:12 GMT -5
Props to you, Huh, for that call on the EURUSD. It was interesting to watch the SPY run up fast, peak, and drop just as quickly right as EURUSD tagged your target and then turned back up. Upside might be tough for Mr. Market the rest of the day.
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Post by huh on Aug 25, 2015 11:25:28 GMT -5
Props to you, Huh, for that call on the EURUSD. It was interesting to watch the SPY run up fast, peak, and drop just as quickly right as EURUSD tagged your target and then turned back up. Upside might be tough for Mr. Market the rest of the day. Thx. Basically a snooze fest now until EURUSD confirms pattern success/failure from here (then EVERYONE/ALGO will wake up); >1.145 market down, way down <1.135 market up, way up
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Post by huh on Aug 25, 2015 11:27:48 GMT -5
Right now at least it looks as if it will fail the backtest (potential bear flag forming)
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Post by crumbdon on Aug 25, 2015 11:39:26 GMT -5
Every time SPY gets above 194, it gets immediately swatted back down. Basically parked there.
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Post by huh on Aug 25, 2015 11:42:52 GMT -5
Every time SPY gets above 194, it gets immediately swatted back down. Basically parked there. Could also be fueling up for the drive to 1970's (letting shorts load up against all those bearish patterns from yesterday). But can't know for sure yet.
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Post by jacksrbtr on Aug 25, 2015 12:00:49 GMT -5
wow, someone just bought some silver. Maybe gold to follow...but hesitate to post as the bots usually read this site. Well they sure as hell ain't buying Continental which is puking its guts out (again).
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Post by jacksrbtr on Aug 25, 2015 12:04:49 GMT -5
You know that some corrections end with extremely hard snap back squeezes. But this was a bigger sell-off, these usually have ripples of volatility for several weeks. "...ripples of volatility..." Damn Nut! You got some poetry flowing thru yer veins!!!
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Post by novie08 on Aug 25, 2015 12:05:11 GMT -5
wow, someone just bought some silver. Maybe gold to follow...but hesitate to post as the bots usually read this site. Well they sure as hell ain't buying Continental which is puking its guts out (again). So sorry; there is no "thumbs down" option anymore.
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Post by huh on Aug 25, 2015 12:18:22 GMT -5
In case anyone wondered why I poke so much fun at ST traders, here's an example (I left names out):
Today's posts
That was this morning. But, yesterday morning, during the 'crash':
And a whole bunch of other posts about why not to buy the morning dip yesterday, and the complete opposite late yesterday and today. And this person does this stuff all the time.
But here's the thing, this is one of the best direction callers I've found over there.
I mean, if you're wrong, you're wrong. Own up to it. Don't try to spin it around later. Otherwise, why post at all?
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Post by huh on Aug 25, 2015 12:24:40 GMT -5
The charts of the last 2 days look so, so bad right here
But I don't trust it, not yet
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Post by crumbdon on Aug 25, 2015 12:27:08 GMT -5
EURO finding traction, SPY folding.
Actually plummeting.
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Post by crumbdon on Aug 25, 2015 12:30:43 GMT -5
EURO finding traction, SPY folding. Actually plummeting. News, or why the sharp move???
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Post by huh on Aug 25, 2015 12:31:45 GMT -5
SPX supports 1914.50 & 1906.50
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