The ACD Method

[sarue]

I have a January monthly A up of 134.22 which is about where the flag measures to. I guess I'll reset the monthly numbers today as I havent convined myself that any other day is better than the first day of the month.

 

[Shanb]

Quote from Shanb:

You watching GS here Quon...this thing has been strong as hell today!

Sina too, lets see if there is a setup for entry. Its lunch time so we might get chop before it confirms.

 

[Maverick74]

Mexican Peso over the Dollar continues to break out!!!!

 

[Maverick74]

BIIB breaking out to new all time high.

 

[Quon]

Quote from Shanb:

You watching GS here Quon...this thing has been strong as hell today!

You know, I keep forgetting GS,(and I shouldn't). I've been watching XLK and some consumer discretionary. Still really like NKE here, but I'm on the sidelines until I get that monthly, (and I don't want to get in front of the jobs report Friday).

Doing some work on the GLD here. This is another that I "missed" in January, so I'm trying to keep it on my radar. Unfortunately I'm in "build-out" mode now as well, (just changed platforms to TOS, and trying to wrap my head around thinkscript).

 

[kinggyppo]

just a quick comment the worst habit I see on et is that people keep looking for the market to reverse. Lets say you think the economy is a mess, you read every article on zerohedge, have a six month survival kit, etc. This is going to affect your world view. I like to think that the powers that took es to 1065 are the same folks that are taking it to 1320. Its just numbers on a screen. My point is don't get imprinted long or short, be flexible and ride the wave. Have a great day!

 

[Maverick74]

Quote from kinggyppo:

just a quick comment the worst habit I see on et is that people keep looking for the market to reverse. Lets say you think the economy is a mess, you read every article on zerohedge, have a six month survival kit, etc. This is going to affect your world view. I like to think that the powers that took es to 1065 are the same folks that are taking it to 1320. Its just numbers on a screen. My point is don't get imprinted long or short, be flexible and ride the wave. Have a great day!

Just buy AAPL!!!!!!

 

[Shanb]

Sina with the failed a setup...at highs

 

[sarue]

There's the breakout and confirmation of the SPY daily A up.

 

[amsterdam]

Quote from kinggyppo:

just a quick comment the worst habit I see on et is that people keep looking for the market to reverse. Lets say you think the economy is a mess, you read every article on zerohedge, have a six month survival kit, etc. This is going to affect your world view. I like to think that the powers that took es to 1065 are the same folks that are taking it to 1320. Its just numbers on a screen. My point is don't get imprinted long or short, be flexible and ride the wave. Have a great day!

Well said.

After spending a few days on ZH you feel like selling the world!