It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

The "up-to-the-minute Market Data" thread

page: 431
189
<< 428  429  430    432  433  434 >>

log in

join
share:

posted on Jul, 30 2009 @ 03:13 PM
link   
Greeny, the big guys did come back to cash in -- the volume is now well above 6 million. Just look at the slide . . .




posted on Jul, 30 2009 @ 03:13 PM
link   

Originally posted by GreenBicMan
Although this could be our next little formation..

another ascending wedge where we break lower..

a little "grasping" done on my part bc the formation isnt really all there yet.. but could be developing of course..

the top line is a battleground


www.sierrachart.com...


Looks like I didnt jump the gun afterall

This thing couldnt wait to dive under that support

www.sierrachart.com...



posted on Jul, 30 2009 @ 03:14 PM
link   
reply to post by Hx3_1963
 


Hx, take a look at the daily charts

We are showing Doji's and upward reversals at consolidation



posted on Jul, 30 2009 @ 03:19 PM
link   
reply to post by GreenBicMan
 

They wouldn't leave the fatty alone given the fact that there was almost no profit taking in the morning. So where are the two lowest points of the session?

Just check the volume . . . Dillinger wouldn't do better.




posted on Jul, 30 2009 @ 03:22 PM
link   
Now FINALLY things are getting interesting today..

Looks like we are going to be in a down wave highlighted in blue with double red as first support and double purple if we get in too deep

Good thing is we break higher out of these..

I need to take a look at the daily chart now after todays move.. would hate to see this turn into a bear flag with a slightly up day tomorrow as well


www.sierrachart.com...



posted on Jul, 30 2009 @ 03:23 PM
link   

Originally posted by GreenBicMan
reply to post by Hx3_1963
 


Hx, take a look at the daily charts

We are showing Doji's and upward reversals at consolidation


Shore nuff


Just for the uninformed...


Candlestick Charting
www.stockta.com...

THE FOUR KINDS OF DOJI CANDLESTICKS
web.streetauthority.com...

[edit on 7/30/2009 by Hx3_1963]



posted on Jul, 30 2009 @ 03:24 PM
link   
reply to post by stander
 


Someone must have been trading large volume at the end on ES MINI look at the big move down then immediately up at the half hour or so..

Yes, someone is going to be eating well tonight.. 500 a plate is no worry when you cashed out 1000 contracts at a profit of $100,000 on the day



posted on Jul, 30 2009 @ 03:34 PM
link   
reply to post by GreenBicMan
 


It was bound to happen. Tomorrow, the Close would be where the max point was today. I'm pretty sure about that.



posted on Jul, 30 2009 @ 03:34 PM
link   
Well looks like someone tried to pull some more in today..

Unfortunately I don't know if this uptrend has any more footing

I guess that is why the pro's cash out before the bell every day

You will see the patterns I have highlighted and they are called BEAR FLAGS

I have explained in the chart

Today was the fakeout *IMO* (and ive been wrong before) if we see another whipsaw day tomorrow and dont move an inch at the close of the bell you could almost count on it..

I have no idea how many of these type of whipsaw doji's could be in a row but today (to me at least, again) wasn't a very good sign of continuation



check it out



posted on Jul, 30 2009 @ 03:35 PM
link   
reply to post by stander
 


That sets up well for my bear flag alert..

watch for the whipsaw tomorrow



posted on Jul, 30 2009 @ 03:36 PM
link   

Originally posted by GreenBicMan
reply to post by stander
 


Someone must have been trading large volume at the end on ES MINI look at the big move down then immediately up at the half hour or so..

Yes, someone is going to be eating well tonight.. 500 a plate is no worry when you cashed out 1000 contracts at a profit of $100,000 on the day

As Stander stated...a "Perfect Storm" for sum profit taking as no one tested it early in the day...what a play...chasing a...





[edit on 7/30/2009 by Hx3_1963]



posted on Jul, 30 2009 @ 03:39 PM
link   
reply to post by Hx3_1963
 


Yeah, you can almost guarantee when we open sharply higher and you see the "wave" like around 930 we wont cross

The only days we trend is when the buying is ORDERLY and at a 45 DEGREE ANGLE from the open..

Its like clockwork almost.. I mean I am no genius but if you are good at pattern formation and study it all the time your 2 sided coin becomes a 3 sided coin with 2 heads



posted on Jul, 30 2009 @ 03:43 PM
link   
Mr. Fib almost also agrees with me as well if you believe in that...

IMO they work when they are coincidental usually with just a simple trendline, but there are much smarter people than me in this world so..

anyways, if you are interested in that sort of thing, you would prob like this


www.sierrachart.com...



posted on Jul, 30 2009 @ 03:56 PM
link   
OK...so what's the Crystal Ball saying about Shanghai tonight?

And while I'm asking...tomorrows GDP...???

The past couple of nights have been insane...killing shorts left and right with all kinds of differing talk out the their .gov...

And ...don't forget...tomorrows end of month...move incentive to move lower?

[edit on 7/30/2009 by Hx3_1963]



posted on Jul, 30 2009 @ 04:03 PM
link   
Well if you believe big money knows before retail I would guess that GDP wont be up to par..

As to the far east.. who knows.. roll the dice or throw a dart is your best bet



posted on Jul, 30 2009 @ 04:21 PM
link   
Geez...I really hate CNBS Fast Money...

Peter Schiff on again...4 of the 5 "Hosts" were smirking while he stated his correct past predictions and future recommendations...

Only Karen Finerman actually looked serious and interested...


It's like the Fed has gave every player in "The Real" Monopoly Game their own person cash box...


[edit on 7/30/2009 by Hx3_1963]



posted on Jul, 30 2009 @ 05:01 PM
link   

Originally posted by GreenBicMan
We are in a stairstepping phase in the markets

The past few days of "doji's" - (hammers) were bull flags and I expect that to continue.

This is getting too easy.

Purely a traders market now.

[edit on 30-7-2009 by GreenBicMan]


Traders Market?

Seems like buy and holders are up 40% or so from the bottom. Why would you want to jeapordize that by trading?



posted on Jul, 30 2009 @ 05:06 PM
link   
reply to post by Hx3_1963
 


Remember that before the bail outs the fed was very good at cash infusions, how do we know that they has not stop doing that since the last bailout.

Anyway I love to see the markets hopeful chatting and clapping on CNBC about how the economy is getting better, it seems that for them the green shoots has become fruit bearing trees.



Now remember the GDP will be "better than expected" and "no as bad as expected".

I guess Brown in the UK will have to swallow this one.



posted on Jul, 30 2009 @ 05:30 PM
link   
Well lets see about this week...

Wall Street: Here comes the hard part
money.cnn.com...

New Jobless Claims Rise More Than Expected to 584,000
www.foxnews.com...

Unemployment spreads distress in U.S. home loans
www.reuters.com...

2/3 of Company's report losses...but didn't have to declare BK...

Drastic cuts boost bottom line at U.S. firms
But profits unlikely to last unless consumers open their wallets again
www.msnbc.msn.com...

ExxonMobil reports its second quarter earnings were $4.1 billion, a plunge of 66% compared to a year earlier.

Lee Enterprises, a U.S. media company, says its operating revenue declined 20.5 percent in the 3rd fiscal quarter.

5 Yr Treasury Tanks...

With this reasoning...

My stock WAS worth $1...

Worse case scenario was 1 cent...I report 2 cent...

The Market Rallys !!!


Just see Honda... ~88%-96% down, but...****** **** ********



Fill in the *'s...


[edit on 7/30/2009 by Hx3_1963]



posted on Jul, 30 2009 @ 05:53 PM
link   

Originally posted by GreenBicMan
Well if you believe big money knows before retail I would guess that GDP wont be up to par..

As to the far east.. who knows.. roll the dice or throw a dart is your best bet


So you think big money sold off before the bell today?
'
And HX, Karen Finerman is the only one worth watching on that program. And she has the stats to back herself up.

[edit on 30-7-2009 by RetinoidReceptor]



new topics

top topics



 
189
<< 428  429  430    432  433  434 >>

log in

join