Inventory Grab Alert 4/30/09!

Status
Not open for further replies.
Quote from chuckt101:

Thanks for your explanations!



Wait, does this mean, say, we rally up to 960 tonight, you'd be looking for the gap fill after cash open and then another rally?

So, the bulls use AH to put the short holders on the wrong side and force them to bail as price returns to their zone. This allows for bulls to use the short bailing momentum to continue driving price up?
Yes those type scenarios have happened in the past.....but usually the run beyond a zone in the AH session is a news event related situation. Also, holders will not just sit by and watch price trade too far from the zone, or you will see them start to cover or attempt to drive price back to their cost basis to exit in the AH session.
 
Quote from SoCalTrader619:

AMT,
If I have all the Short and Long Zones annotated on my chart, is it safe to remove a zone as soon as it is properly neutralized? For example, the 924-927 zone that held up multiple times. Should I have it on the chart in case it turns into support, or would you recommend I go ahead and remove it from the chart?

If I do remove it, what are the closest long-holder zones below us?
Yes.....once neutralized you can remove it.
 
Quote from SoCalTrader619:



what are the closest long-holder zones below us?

If I understand AMT correctly the 929.50-932.50s are pretty much bitting their fingernails, the 916.50-919.50s are at least nervous and the 903.50-906.50s know the situation of the other two groups . . .
 
Quote from Insearch:

If I understand AMT correctly the 929.50-932.50s are pretty much bitting their fingernails, the 916.50-919.50s are at least nervous and the 903.50-906.50s know the situation of the other two groups . . .

Quote from SoCalTrader619:



what are the closest long-holder zones below us?

****

the major RTH delta net long zone would be 913-915 IMO. 920 is a gap fill level... can produce an upleg.

below that high 890's, low 880's.
 
Quote from AMT4SWA:

Covered another 1/3'rd of my 944.00 entries here at 939.00 target........targets at 936.25 remain and will cover 1/6'th of my 946.25 entries there.
Targets were filled at 936.25........EU session this early a.m. so far is uneventful.
 
Quote from AMT4SWA:

Targets were filled at 936.25........EU session this early a.m. so far is uneventful.

Longs layering 941.50 and higher... CD quite useful in timing equity buys (on dips).

D.
 
based on the way AMT illustrated the chart yesterday, looks like an additional 30k shorts have been added to this short zone in the mid to upper 40s
 
Quote from chuckt101:

based on the way AMT illustrated the chart yesterday, looks like an additional 30k shorts have been added to this short zone in the mid to upper 40s

... but how many stops have been cleared? -17k CD div @ 945 growing steadily.

Edit: PA/CD looks to me like a bear trap.

D.
 
Quote from chuckt101:

based on the way AMT illustrated the chart yesterday, looks like an additional 30k shorts have been added to this short zone in the mid to upper 40s
Yes sir......someone is accumulating very large short positions.....COOL!

Excellent action today.......this is the perfect scenario to load up. :cool: Short holders have been able to create price improvement and cost basis of position optimization today. This is a very interesting sign imo.....:)
 
Quote from chuckt101:

based on the way AMT illustrated the chart yesterday, looks like an additional 30k shorts have been added to this short zone in the mid to upper 40s

Didn't the previous short inventory got cleared on the runnup to 948-949 ?
 
Status
Not open for further replies.
Back
Top