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Thread: how we get there

  1. #1

    Join Date
    Jan 2009
    Posts
    77

    Default how we get there

    SPX 600 .......will it be a quick drop so we can clean up in ultra's?

    FAZ 150 & SRS 200 plus....can happen


    this chop chop chop market only makes money for the house

    if we get the 'nenner rally" those two products will be the buy of a lifetime


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  3. #2

    Join Date
    Dec 2007
    Posts
    906

    Default Re: how we get there

    That's the question... A relief rally, then a drop?

    My guess, for what it's worth, is drop (this week into next possibly breaking the Nov low), a relief rally (i.e. nenner rally) ... the real leg down.
    -- Tom | My Trades

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  5. #3

    Join Date
    Dec 2007
    Posts
    906

    Default Re: how we get there

    This pattern is looking very familiar.

    Of course we could see a move above the first resistance area to the top of the wedge (~900) but this looks a lot like the action after everyone called the "September bottom". Two hits up to the 20-dma and bam!

    -- Tom | My Trades

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  7. #4

    Join Date
    Jan 2009
    Posts
    77

    Default Re: how we get there

    watch this damn thing keep running
    bot more FAZ today..plan to load up another 300~500 shares per day as we rally should it continue ... gravity will pull the air out...i hope

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  9. #5

    Join Date
    Jan 2009
    Posts
    77

    Default Re: how we get there

    GET SHORTY FOLKS



    major azz fall dead ahead


    i'm so short i can walk under a pregnant ant with an umbrella

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  11. #6

    Join Date
    Dec 2007
    Posts
    906

    Default Re: how we get there

    Quote Originally Posted by teknobucks View Post
    i'm so short i can walk under a pregnant ant with an umbrella
    That's short.
    -- Tom | My Trades

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  13. #7

    Join Date
    Dec 2007
    Posts
    906

    Default Re: how we get there

    Source www.sentimentrader.com:
    When the S&P has been up 1% or more the day before a Payroll Report, then gapped up on the morning of the report, it finished the day higher than the open 71% of the time (10 out of 14) by an average of +0.2%. But buying the close and holding for a day resulted in only 3 winners (a 21% success rate) and an average of -0.3%. Three days later there was 2 winners and the average dropped to -1.0%.
    -- Tom | My Trades

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  15. #8

    Join Date
    Jan 2009
    Posts
    77

    Default Re: how we get there

    FAZ....bot 350 more that's it.....drawdown has my atten

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  17. #9
    alevin Guest
    AutoTracker

    Default Re: how we get there

    So ok, I'm looking at UUP and UDN-weekly charts-danged if I can tell which one is the better bet at this point. Opinions please!
    http://stockcharts.com/h-sc/ui?s=UDN...d=p52238330796


    OR

    http://stockcharts.com/h-sc/ui?s=UUP...d=p52238330796

    both are ratcheting down into symetrical triangles if my eye has it right. Which way is the cat going to jump?


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  19. #10

    Join Date
    Dec 2007
    Posts
    906

    Default Re: how we get there

    LOL. To bet on the dollar, against the dollar, or just hold cash (in dollars)? That is the question.
    -- Tom | My Trades

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