Disqus - Friends of bobbrill

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 12:59:49 -0000

like I said 1091 can produce something but it shall not las

now you will have to watch lower prices below 1091

i guess this makes this bounce a sucker rally

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:38:48 -0000

I meant it honestly, although I added a funny note to it.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:37:06 -0000

Good!

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:34:41 -0000

Short, first stop around 1060.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:33:53 -0000

True, Shanky.

One of the few here that occasionally looks at chart technicals.

+1

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:32:25 -0000

No.

This is IT.

P2 is over, no new high anymore.

But if you want to transfer money from your account into mine, you can go long...

;-)

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:29:12 -0000

No.

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 11:29:08 -0000

Short whatever is up most today. Whatever rallied big in banking sec today is probably the worst kind of junk that will fall harder than the rally

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 11:28:10 -0000

What is what is not. It has already happened.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:28:10 -0000

SPX cash 1100 - 1102.

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 11:27:41 -0000

Dollar chart will look like VIX in sept 2008, massive short covering is coming to DX

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:27:39 -0000

GDX puts are ok, but take a higher strike, Dec 45 or so.

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 11:26:27 -0000

GS is shorting against you now

Re: And the show begins ..... DJI hits 10340

xtrends — Wed, 11 Nov 2009 11:24:58 -0000

week? LOL

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:20:45 -0000

Play it safe. What I would recommend is SPY puts. You are very diversified by buying Spy puts. 500 stocks. Dec 108 - 110 are good strikes.

Very good chance to at least double by end of November.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:17:13 -0000

Sh.t happens....

;-), no problem, market is still solidly up....

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 11:13:18 -0000

EUR turned down for good. Truncated last move. I was wrong in expecting 1.5060.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 10:21:52 -0000

Yes, at SPX 1108 wave [c] would be twice as long as [a]. That is also a possible relationship, in addition to 1.62x.

It can be up to 3 times.

Re: Wednesday Wacky Road map

Kemal_1 — Wed, 11 Nov 2009 10:13:32 -0000

Sold BAC calls.

Re: Like a self-indulgent deer staring into headlights...

xtrends — Wed, 11 Nov 2009 02:32:25 -0000

Trends lines are dynamic support and resistances.

Horizontal support and resistance acts like a ladder in a congestion area but if there is a continuous inflow or outflow in the market, it creates a directional move , which creates trend lines.

Channels are basically envelopes around regression lines that channelizes the price action.

So it is all about money flow.

Re: Like a self-indulgent deer staring into headlights...

xtrends — Wed, 11 Nov 2009 00:22:37 -0000

What I mean is , when a stock is traded publicly first time, it opening price very important in terms of forming lifetime trends

Re: Like a self-indulgent deer staring into headlights...

xtrends — Wed, 11 Nov 2009 00:13:05 -0000

I have no idea who it is, I anly provided charts for those vids

Re: Like a self-indulgent deer staring into headlights...

xtrends — Tue, 10 Nov 2009 23:55:48 -0000

I will give some names later if you remind me.

Re: Like a self-indulgent deer staring into headlights...

xtrends — Tue, 10 Nov 2009 23:54:55 -0000

Your ref points for the channels needs to be reviewed. Not all the highs and lows can be ref points. Watch for gaps and IPO prices of the stocks as well.

Re: Like a self-indulgent deer staring into headlights...

xtrends — Tue, 10 Nov 2009 23:48:55 -0000

Well, BAC and BK are the worst. Note that BK didnt budge for 6-7 months while SPX up 300 points. That sucker has some issues.