Inventory Grab Alert 4/30/09!

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Quote from tradingbug:

If we test the lows and do not get a long inventory build up...we can crash right? i want sub 400s :eek:
If we break below 660's on any retest of the lows in the months ahead, I am SURE we would see some very big buyers coming into the market as we traded the low 600's or lower (like if we start to get a bunch of bank failures resulting from commercial real estate destruction). Everything would start to get VERY WILD with a bust through our current lows.......that could cause one very strong spike down move (like a blowoff capitulation drop to the low 600's or below). :eek:

On any sell off moves to the mid 700's or below I would start actively looking for net LONG holders positions to start building......I would be willing to start playing the longer term LONG side trade at that point. :)
 
OK.....that is it for me today.....back to the vacation activities. :)


Now lets go get the 922's...............912's...................902's...................882's.................etc. :)
 
Quote from AMT4SWA:

There was an excellent sell response delta bar right as we traded 952's in the new contract......they don't get much more clear than that (perfect strong order flow transition). :)

When price gets to an area where you are looking to short, i.e. a zone of net short sellers, what exactly is it that indicates to you a "sell response" in real time? Are you looking at time & sales to watch the order flow shift or is there something else that signals this?
 
Quote from EdgeHunter:

We have a obvious intraday CDV divergence right now... in the middle of our huge CDV over the last 10 days...

chart? i don't see it...short or long?
 
Quote from jmonday:

chart? i don't see it...short or long?

At 10:49am this morning Eastern time we had a high at approx 17500 on CDV..

now at 2:46pm Eastern time we have a HIGHER high in price and a much lower CDV... about 11000
 
Quote from EdgeHunter:

At 10:49am this morning Eastern time we had a high at approx 17500 on CDV..

now at 2:46pm Eastern time we have a HIGHER high in price and a much lower CDV... about 11000

too much initiated buying, cd shot through and closed the gap as price went higher
 
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