Stock Market Today : July 9th - 13th - Page 17

Quote:

Originally Posted by tones 

Markets going up on qe3 hopes...Europe better not mess this up

QE3 Hopes? There is no QE3 and no hope.

Quote:

Originally Posted by tones 

Y the markets rallying then? Explain that bro

From a technical standpoint, my personal belief is because we filled the gap from June 29th and it was also support from the neckline of the inverse H&S.  Simply put, buy on demand areas and those were demand areas.

It's kind of true what they say about things filling gaps.

you're sick rock

Let's see now........

Indu closes gap.............Ok........

Has the Indu not been flashing for us, much clearer signals than the S&P ?

It certainly HAS BEEN (and that is quite typical)

Nowwhat 2012

Where, I'm off to do a further analysis of things....

Of things like GLD etc. :

Because I've only just looked at charts now for 3 minutes

Ouch - whilst composing eh ?.....This's what she just did !.....

That Bernanke's sure on the Ball !  

"Just do what ya' gotta do !".......... (I'll bet he's been told)

nw 2012

Quote:

Originally Posted by tones 

You gonna play this or still soh?

I've been in AAPL calls numerous times today.  That's all I've been trading as of late i.e. AAPL options as a whole.  

Neckline ....

GAP FILL

oil looks to be forming everyone's favorite pattern

excellent absorption off of the monthly poc today at 83.40

watch to see if buyers step in on this trendline

price is now back inside yesterday's rotation..

3rd highest volume by price node at 31, second is 27 and POC on the day is still at 22

I think I found the secret to trading long.

Just close your eyes, take the position and go do other stuff.

Interesting 1 week look at AAPL from a 15min.  Nice inverse H&S played out today on a smaller scale, but there looks to be a larger one forming.  I've noted the larger one with the LS in bigger font, followed by the neckline.

Quote:

Originally Posted by tones 

Y the markets rallying then? Explain that bro

Nothing goes straight down. It's prretty evident that the FED announced in the minutes that no easing in the near future was going to occur.

Quote:

Originally Posted by Nate01 

im losing my shirt on apple today.

Last week you said that if AAPL ever got to $582, you were selling and then done with the market.

Quote:

Originally Posted by Nate01 

i want the market to go way up tomorrow but im just being realistic.. im very underwater on my apple bought at 580 its now 569 and afterhours it closed at 566!!  

 

It was 582 the other day so i will sell it at 582 and walk away from this manic depressive market.

Look at that eh ?.......It's like the thing's freaking "Pennanting"

Quote:

Originally Posted by jdox 

 

Last week you said that if AAPL ever got to $582, you were selling and then done with the market.

But that was so last week.

see those pennants every week