Another 1:30 skyrocket to 9,000?

MohdSalleh · Nov 14, 2008

Quote from stock_trad3r:

going vertical into the close again..nice

shit the moment u said we drop 100 pts

Ivanovich · Nov 14, 2008

Quote from stock_trad3r:

I have dervived possibly the fastest converging 4 term BBP pi formula. When I say the selloff from 14,000 to 9,000 is merely a shakeout it is. Period.

Yes, I'm sure. This from a kid posting from a community college IP address.

trader_arb · Nov 14, 2008

Quote from Ivanovich:

Yes, I'm sure. This from a kid posting from a community college IP address.

If he's failed enough econ courses, he might not be that young:eek:

Landis82 · Nov 14, 2008

Quote from Ivanovich:

Yes, I'm sure. This from a kid posting from a community college IP address.

You just described HALF of the posters on ET, and three-quarters of the people that post in the TRADING FORUM.

canuckrookie · Nov 14, 2008

Things are looking good here. Nice upward channel that held so far. Dow 8900 by close?
Maybe 8888 since it likes weird numbers like that.

EDIT: now comes the dump

cunparis · Nov 14, 2008

Quote from canuckrookie:

Things are looking good here. Nice upward channel that held so far. Dow 8900 by close?
Maybe 8888 since it likes weird numbers like that.

EDIT: held around 8750

As long as the BO is on lower volume I think it's ok.

I've established my long position and I really don't want to get stopped out again on Monday. It's a pain watching all day trying to re-enter..

canuckrookie · Nov 14, 2008

Quote from cunparis:

As long as the BO is on lower volume I think it's ok.

I've established my long position and I really don't want to get stopped out again on Monday. It's a pain watching all day trying to re-enter..

channel broke, their dumping now.

nyxtrader · Nov 14, 2008

Oh well, my long from 872 was stopped out at 992. 20 point gain was up more than 40 at one point. oh well.

Have a good weekend all.

cunparis · Nov 14, 2008

Quote from nyxtrader:

Oh well, my long from 872 was stopped out at 992. 20 point gain was up more than 40 at one point. oh well.

Have a good weekend all.

Me too I stopped out as well, but there is a support at 890 that has been active for several days now. So I put a buy limit at 890 and got filled. If it holds above 890 that is positive. If not I'm out.

What a pain fighting all day to get in at the right time and then getting stopped out..

cunparis · Nov 14, 2008

Quote from canuckrookie:

channel broke, their dumping now.

not sure if it was a false breakdown or not.. they could have tricked us.

Anyone know what this candlestick formation is? It was a harami but now the high is sticking out..