Unless I have a monster profit, I love closing out positions before the end of the day. And looking at the SPX and the US CAD, two great profits would have turned into two losers. Don’t get greedy ever folks.
Thanks Z that is good stuff. I know, I want Red to go for a chatboard myself, but keep to one location. I hate buzzing around a whole pile of different locations just to talk to the same people.
trying to get the comment section here, is a crap shoot. i never know when it’s going to crash my computer.
anyway—
if any of these 4 companies get to the red area, it probably means spx headed to 1008 — http://zstock7.com/wp-content/uploads/2011/09/wmt-9-29mm.jpg
Tomorrow, 9-30, a Cramer Code number. 1year4months4days from the unveiling of the Cramer Code. 144 a favorite number of Gann’s and the insiders. It was flashed in Moneyball too, one of a trillion numbers though there.
Rooster Cogburn dies in True Grit on 8-12-1903 and there is a poster shown associated with his death with the date 7-18-1903. 2months12days from 7-18 is 9-30.
Interesting, that despite the euphoria of Germany passing more bailout funds for Europe, that the Dax never did exceed its previous day’s high yesterday. Now it is selling off pretty good.
Nasdaq also outperformed marvelously to the downside today. It was only up 25pts when the Dow was up 200+pts. Some of the luxury retailers like TIF and COH were just hammered today also.
Could be? Hard too say at this point? I only think that we’ll rally in the morning tomorrow. Don’t know if the rally will hold into the close, but it will give anyone long a chance to close out their positions if they choose too…
As for now, I’m going back to the basics and look at the obvious signals…whether it’s technically an H&S pattern or M&A, both are bearish and there are lower high and lows. All rallies failing and getting weaker. According to Topstep, 100,000 eminis came out of the market to drive the last short covering rally, which was the weakest yet. Too many headfakes, gotta look at the big picture. If I’m wrong, fortunately, it’ll be a cheap lesson 🙂
Did you get my email? I’m making coffee too…
Heading out for coffee trying to avoid going long here. No calibration so far. Don’t usually employ it on Fridays.
Unless I have a monster profit, I love closing out positions before the end of the day. And looking at the SPX and the US CAD, two great profits would have turned into two losers. Don’t get greedy ever folks.
Thanks Z that is good stuff. I know, I want Red to go for a chatboard myself, but keep to one location. I hate buzzing around a whole pile of different locations just to talk to the same people.
hey ya red, i post your link at my site, at least once a week. i have someone else coming by later. —standard and poor… maybe.
trying to get the comment section here, is a crap shoot. i never know when it’s going to crash my computer.
anyway—
if any of these 4 companies get to the red area, it probably means spx headed to 1008 —
http://zstock7.com/wp-content/uploads/2011/09/wmt-9-29mm.jpg
Tomorrow, 9-30, a Cramer Code number. 1year4months4days from the unveiling of the Cramer Code. 144 a favorite number of Gann’s and the insiders. It was flashed in Moneyball too, one of a trillion numbers though there.
Rooster Cogburn dies in True Grit on 8-12-1903 and there is a poster shown associated with his death with the date 7-18-1903. 2months12days from 7-18 is 9-30.
Interesting, that despite the euphoria of Germany passing more bailout funds for Europe, that the Dax never did exceed its previous day’s high yesterday. Now it is selling off pretty good.
Nasdaq also outperformed marvelously to the downside today. It was only up 25pts when the Dow was up 200+pts. Some of the luxury retailers like TIF and COH were just hammered today also.
Could be? Hard too say at this point? I only think that we’ll rally in the morning tomorrow. Don’t know if the rally will hold into the close, but it will give anyone long a chance to close out their positions if they choose too…
As for now, I’m going back to the basics and look at the obvious signals…whether it’s technically an H&S pattern or M&A, both are bearish and there are lower high and lows. All rallies failing and getting weaker. According to Topstep, 100,000 eminis came out of the market to drive the last short covering rally, which was the weakest yet. Too many headfakes, gotta look at the big picture. If I’m wrong, fortunately, it’ll be a cheap lesson 🙂
I think he’s only talking about for a day or two, so yeah… I think the dollar is going higher as well in the intermediate term.