O oddiduro Apr 7, 2003 #1 Dow looks bloated, forming a triple top on weekly charts Bearish divergence on some indicators
M m_c_a98 Apr 7, 2003 #2 Quote from prox: You really want to short a 200 MA daily break out ? More... looking at the 200 Day EMA(which I believe holds more weight), I see no breakout; yet.
Quote from prox: You really want to short a 200 MA daily break out ? More... looking at the 200 Day EMA(which I believe holds more weight), I see no breakout; yet.
J JT47319 Apr 7, 2003 #3 Why fight the tape? The trend is your friend. Don't try and pick a top, wait until it actually hits resistance and some sort of bearish confirmation.
Why fight the tape? The trend is your friend. Don't try and pick a top, wait until it actually hits resistance and some sort of bearish confirmation.
M m_c_a98 Apr 7, 2003 #4 Let me preface that I have no position in equity indexes either way at this time. But here they are as of 10:40am 04/07/03 just for kicks. Attachments 040703.gif 040703.gif 29.6 KB · Views: 266
Let me preface that I have no position in equity indexes either way at this time. But here they are as of 10:40am 04/07/03 just for kicks.
L lundy Apr 7, 2003 #5 Quote from oddiduro: Dow looks bloated, forming a triple top on weekly charts Bearish divergence on some indicators More... same here, i'm buying QQQ puts today, maybe hold for a week.
Quote from oddiduro: Dow looks bloated, forming a triple top on weekly charts Bearish divergence on some indicators More... same here, i'm buying QQQ puts today, maybe hold for a week.
P prox Apr 7, 2003 #6 Quote from m_c_a98: looking at the 200 Day EMA(which I believe holds more weight), I see no breakout; yet. More... yeah you're right, I was looking at the SMA.. Dec and Jan downtrend line is broken on SPX and INDU, pending the close.
Quote from m_c_a98: looking at the 200 Day EMA(which I believe holds more weight), I see no breakout; yet. More... yeah you're right, I was looking at the SMA.. Dec and Jan downtrend line is broken on SPX and INDU, pending the close.
B buzzy2 Apr 7, 2003 #7 Quote from oddiduro: Dow looks bloated, forming a triple top on weekly charts Bearish divergence on some indicators More... Good call odd-whatever.... boys try to guess direction, men catch tops and bottoms. also... you know it's time to short when.... everybody and their mother and their dog is long... BWAHAHAHA
Quote from oddiduro: Dow looks bloated, forming a triple top on weekly charts Bearish divergence on some indicators More... Good call odd-whatever.... boys try to guess direction, men catch tops and bottoms. also... you know it's time to short when.... everybody and their mother and their dog is long... BWAHAHAHA
B buzzy2 Apr 7, 2003 #8 Quote from JT47319: Why fight the tape? The trend is your friend. More... which trend?
