Inside day in SP500 Thursday ?

inandlong · Nov 13, 2003

Quote from Walther:

Based on a strong divergence at the end of today,... I expect down day tomorrow. We might have to wait for a Friday though .
Walter

Considering the title of the thread and the basis of the first post have been accurate so far, I don't understand the beef. We've had an inside down day to this point.

dbphoenix · Nov 13, 2003

Quote from inandlong:

Considering the title of the thread and the basis of the first post have been accurate so far, I don't understand the beef. We've had an inside down day to this point.

Based on an unspecified divergence somewhere, Walter expects a down day or maybe not. What a prediction.

inandlong · Nov 13, 2003

Where does the "maybe not" part come from? I am guilty of not reading posts thoroughly sometimes.

dbphoenix · Nov 13, 2003

Quote from inandlong:

Where does the "maybe not" part come from? I am guilty of not reading posts thoroughly sometimes.

"I expect down day tomorrow. We might have to wait for a Friday though."

Doesn't say which Friday, of course, though I assume he means tomorrow.

Or maybe Monday.

Walther · Nov 13, 2003

Quote from acrary:

I went long around 10:45 on that drop and bailed around 13:00 ET. I don't use trendlines so I had no idea about it being broken.
I'd like to get another long signal to ride to near the close.

Are you the Walter I was trying to arrange a meeting with about a year ago?

You absolutely must see that chart ! Signal were exactly the same like your entry and exit, determined already at 10:20 by simple geometric method.

Yes, same guy , but I am much better now.
Thanks,
Walter

walter904us@yahoo.com

pspr · Nov 13, 2003

Inside down day?? Nope - didn't happen. Wrong again my friend.

inandlong · Nov 13, 2003

How about inside slightly down, or inside down a bit, or inside barely down?

Walther · Nov 13, 2003

I have tried to help out but too many blind hyenas at the watering hole . I will not post here unless I want to play with them and rub it in.
So long,

pspr · Nov 13, 2003

Quote from inandlong:

How about inside slightly down, or inside down a bit, or inside barely down?

If we go by broader cash indexes then not inside but slightly down (thanks to Dell).

The Dec E-mini S&P which is what most refer to when they say "market" was neither inside nor down. It didn't miss by much but you gotta call a spade a spade.

Adios, Walther. Better luck next time.

inandlong · Nov 13, 2003

yeah I'm still old school enough to think the market means the Dow. I see the S&P cash was outside, but the Nasdaq Composite was inside and down. How's 2:3?