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Post by theMIST on Jan 27, 2012 15:22:03 GMT -5
Keep your eye on 1322.28. Would like to break above it -- if not today than Monday.
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Post by theMIST on Jan 27, 2012 15:39:09 GMT -5
1322.28 can turn out to be a left shoulder of larger H&S. This move up can be forming a right shoulder.
Not trying to sound bearish - just being a cautious bull.
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Post by Clinton SPX on Jan 27, 2012 16:08:10 GMT -5
lots of selling into that close
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Post by jack on Jan 27, 2012 16:10:59 GMT -5
lots of selling into that close It choked on the 50MA and here I was only focused on the 20 & 200 - it just figures! lol!!!
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Post by Clinton SPX on Jan 27, 2012 16:14:11 GMT -5
5 candles red w volume 2 greens low volume this makes me think people are getting out Attachments:
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Post by theMIST on Jan 27, 2012 16:19:49 GMT -5
Acting like a topping pattern with all the back and forth trading.
Bulls need to take 1322.28 or else
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Post by elle on Jan 27, 2012 17:13:12 GMT -5
MIst, notice we didn't close above Thurs close. I don't want to be bearish either, just want to get a pullback to create some support levels before higher, otw we're toast.
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Post by elle on Jan 27, 2012 17:28:07 GMT -5
this is where C actually helpful, sliding down rt side, but unless we break the edge, we don't clear it until 2/2
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Post by walnut on Jan 27, 2012 18:57:00 GMT -5
I told ya so - you guys were too gloomy for yer own good
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Post by walnut on Jan 27, 2012 19:08:43 GMT -5
Hey I never got a dislike before! It was the "I told ya so" thing, wasn't it!
I am going squirrel hunting!
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Post by Clinton SPX on Jan 27, 2012 20:08:03 GMT -5
Dollar got crushed today to hold a dow -74 us bearish folks have good reason to feel that way
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Post by rex on Jan 27, 2012 20:25:01 GMT -5
Hey I never got a dislike before! It was the "I told ya so" thing, wasn't it! I am going squirrel hunting! I'm starting to like you Walnut!!! It's all good here. Don't get your feelings hurt ever. Fastopia is a great place to learn and be reminded of those critical skills we all need to be sucsessful....we're all like husbands & wives...we get into tizzys, check in and out from time to time. But everyone here is important even if they only post one helpful thing a month. Stay nutty my friend!!! LOL
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Post by walnut on Jan 27, 2012 20:28:08 GMT -5
I knew I was gonna get some static when I typed "I told ya so"! I was just kidding around
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