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random scribblings, remember its just a game. like the death row prisoner taking that last walk to the electric chair, the market is doing one last dance to try to get away before we light up ol' sparky ... I've seen this pattern before ... support becomes resistance triangle...

the big move down happens in the middle of the night tonight and we get a flat worthless market tomorrow

we don't trade formations. we trade breakouts.

current correction looks like a bull flag, unless it sells off, and then it isn't a bull flag.

stochastic and macd are LIARS! get that crap off your chart before you get hurt

then we looks on the BIG picture and we notice that price is about to touch the upper trend line and reverse, and we waits for confirmation on that too, but I could be wrong, because the trend lines and patterns are in my imagination that I am sharing

lot of volume on that one bar

still looks like cup and handle

we waits for the cup and handle formation to complete then we pushes the buy button short covering rally to happen shortly or maybe not

my guess as to where we are now. post comments, all of them, really, tell me how you see it.

if you know what you are looking at this is Uber sexy. stock chart porn. I love this game.

there is no tomorrow it ends today. hope you have your bankroll ready this roller coaster is gonna dive. eyes light up with dollar signs

anyone else seeing a lower high in the sp500 and the dow and diminishing returns in both and an ascending wedge/bear pennant. can anyone come back with a response about what I am seeing, I think I see the end of the bull run in. edited for grammar

I use a Ouija board. obviously, if the original poster had a system he would know if he was on the right side of the trade or not. knowing what will happen next really helps, come up with a system where what happens next is not a surprise. trend lines, volume, and chart patterns are...

the market can remain ridiculous longer than you can remain solvent. earnings is the 17th not ridiculous for much longer

+1 you have to build it yourself communicating to people who speak a foreign language through a translator is useless because you don't know what they are saying, if you speak the language ....

ALL of the previous posters and anyone else reading this will agree that preservation of capital is the single most important part of any winning system suggested hints: 1. be on the right side of the trade 2. use a sell stop 3. dump losing positions before they hit the sell stop and...

the market just made what looks like a double top if I were to use someone elses term and is about to fall over and go down for a while (read days) upside exhaustion, timestamp

a very incomplete view of the system, and a timestamped accurate prediction of future events. http://www.elitetrader.com/vb/showthread.php?s=&postid=2323542#post2323542 02-26-09 10:30 PM "down day tomorrow, possible gap down, it was all over when the dow and s&p broke resistance at...