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Post by commodityypro on Aug 6, 2010 1:16:20 GMT -5
Had to go back to what felt right. Thanks MIST! ; BLACK FRIDAY BIG BAD BEAR -30 on the SPX to below 1100 at least my DRV and DTO say so Bad jobs = no consumer
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Post by clearwaters on Aug 6, 2010 5:43:58 GMT -5
I get a kick out of your picture, Torr. Looks like the bull is dead!
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Post by cosmic on Aug 6, 2010 10:50:50 GMT -5
I knew I saw what I saw yesterday... that impulse yesterday AM was pretty obvious at first, but then got hidden.
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Post by brosin on Aug 6, 2010 10:55:18 GMT -5
On the same token then, was that an impulse buy of the gap down that they tried to hide today?
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Post by cosmic on Aug 6, 2010 11:04:35 GMT -5
I can see a run up right around 10am that got sold into - just more confirmation of The Charttm
I think the MM's flashed me with their special weapon yesterday while I was watching the blinkies... I saw the trick... so they changed the blinky rate to give me a headache so I wouldn't warn y'all.
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Post by brosin on Aug 6, 2010 11:37:05 GMT -5
That doesn't look like The Chart to me. The Chart(tm) is more of a slow grind on constant volume. This was a steep steep move and volume has been jumping around.
Not to say it won't end up playing out as The Chart(tm) does (close on LOD), but it doesn't look to be the standard edition.
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Post by givememilion on Aug 6, 2010 15:20:44 GMT -5
pretty close
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Post by torrentio1 on Aug 6, 2010 18:14:17 GMT -5
I get a kick out of your picture, Torr. Looks like the bull is dead! It is an idea yet to be refined that will represent strong bullish mojo with a flying bull, a torrentio, a parrot, and of course grey poupon... Call it the flying mega bullish formation...
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