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or the daily trend line on the spx......

did it ever occur to you that there are some here like the poster you`ve quoted that actually know what the street is about & how it works? the net is the only place where a punk can come out of the woodwork & inform a guy that`s been in the business for quite some time on "how" things go...

no, i am not.....even if the fed makes the mistake & cuts,i believe it will be short lived & a selling opportunity above fri hi`s. i`ve been wrong before but i am staying with my conviction on this one.i`m piecing in so small i can barely feel it at these levels.of course there are...

what bulls do NOT want here is to trade below yesterdays swing lo.....putting in an outside day....that would be a big reversal signal,especiallyat the top end of the channel. the higher we get ,the heavier we feel up here.

ditto.......56.75 & 59.50......let`s see what they do with it??

SPX with the 200d kiss from under @ 1454.75......with the 20day just above that.....provided a quick reaction.

looks like you`re playing it in similar fashion as i am........in 5`s... they painted a nice IHS on 30/60 min...seems like 80 zone is the likely target into the fomc.

more piker smack from villiage.........US$ devalued...banks collapsing like diminos........"um duh ,no big deal,dow is up 10 points" :p

the bottom line is that your money is only as safe as the banks loans. FDIC calls its sticker "a symbol of confidence" & that`s about alll it is,unfortunately. the courts have it covered to protect its banks....they term "deposits" or NOT funds that you/we deliver as a loan to our banke...your...

for this market not even able to retest the 60 swing hi is flat out pathetic & weak....i`ll be looking to sell the hell out of it from here on out.....

cup n handle on the 10min......should it not fail....but this is bullish consolidation on handle here....

agreed.....i won`t be loking to put on my shorts unless i have confirmation in price & a solid setup.....& i will not be positioned before fed speak either way. for the fed comittee (not helicopter ben) to cut rates & not the discount rate,would be a serious mistake for the longer term...

sidenote...the larger the timeframe,the more significant the move typically.....with lower vol,it will be less difficult to put in an "outside day" ...taking out the hi & lo of previous day like AP was referring to.that`s the primary setup i`ll be watching for....along with 15,30 & 60 min for...

the closing action on those daily bars.....negating that tail & closing firmly in the top 3/4 of that bar was critical for bulls imo,i expect a walk up on lo vol... may last a couple of days imo or more.....but a matter of time before we nose dive a lower lo on spx on increased vol.sentiment has...

i expect the bulls to fight like hell here off this triangle & try to erase that bear tail on the daily before the close....closing price is important with a tail like that & should give us an idea of what to expect early monday.

that spike to 71.50 was actually a perfect 20 day kiss to the tick & a perfect lower hi to the top end of the daily channel. this pathetic performance tells me that the buyers will be fortunate to retest the hi here at 60.....a lift to 70 would be a bigger gift for shortys......& lastly,we`d...

agreed 100%........ride the lightning intraday with position mindset.there is just too much there to be taking scalps. MMT....on Cramer.... when we take out the swing lo of 1375 in the fall or much sooner.....he`ll be behaving like a moron demanding the fed cut again & again until he is...

there was no reason to be burned if one was short & had their trailers in place....75/85 was the perfect zone to cover & trailing stops over 1400.00 were appropriate at that time.....especially given that IHS off the lo....writing was on the wall.

& this storm is a category 5 compared to `01`s tropical depression.

there is`nt a more conservative sell zone on the chart than that spike zone......missed some of my resting GTC sell by ticks on that spike....looking for a retest. i`ve been waiting for the top of this daily channel for quite some time to ride the lightning & figured it would need a catalyst to...