Registered User Joined: 3/16/2006 Posts: 2,214
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Registered User Joined: 3/16/2006 Posts: 2,214
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Registered User Joined: 3/16/2006 Posts: 2,214
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morning pop seen, check 1 min and 5 min light blue circles, I would short again tomorrow, mid morning (9/5) @ the level 11,255 - 11,275, then watch it fall in the afternoon!, this market is forming a bottom @ 10,543 (light blue circle 500 ema weekly chart) also 60 min chart stoch's are oversold ( 5.46) a temporary pop coming, Signaltap
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Gold Customer
Joined: 1/18/2008 Posts: 209
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Hi signaltap,
You keep writing, I keep reading. Thnx for your analysis!
Sharp
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Registered User Joined: 3/16/2006 Posts: 2,214
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[9/5/2008 8:39:36 AM] <signaltap> this market is going to be "dislodged" for awhile from market reality
[9/5/2008 8:42:33 AM] <signaltap> it looked like a bounce this morning, but when I saw -84,000 jobs and (((6.1))) unemployment rate, thats trumps it all, waky and wavy open
[9/5/2008 8:43:42 AM] <signaltap> I have to find a spot to climb again, because I sold late yest (my SPY puts)
[9/5/2008 8:45:18 AM] <signaltap> 11,125 is broken too! looking @ the futures
[9/5/2008 8:45:39 AM] <signaltap> 10,828 is 100% certain now
[9/5/2008 8:46:51 AM] <signaltap> I will climb to short today off the 21 ema / 1min bounce
[9/5/2008 8:49:28 AM] <signaltap> I would prefer for the Dj30 to settle early in the am @ 11,100 , then try for a climb later, then short off the 21 ema / 1min and keep for a week to 10,828
[9/5/2008 8:50:53 AM] <signaltap> thats my plan now, you have to adapt to whatever "cards you're dealt" and act upon it!
Signaltap
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Registered User Joined: 10/7/2004 Posts: 2,181
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Thanks Sig!
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Registered User Joined: 3/16/2006 Posts: 2,214
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[9/5/2008 11:29:38 AM] <signaltap> 200ema/1min @ 11148 dj30 ( salivating to short there!)
[9/5/2008 11:36:54 AM] <signaltap> people are getting sucked into buying this pop!
[9/5/2008 11:37:23 AM] <signaltap> come on 11,148
[9/5/2008 11:38:29 AM] <signaltap> thats 200/1 the 55/5 is @ 11,174, so 11,148 to 11,174 is the area to be on alert to short again!
> <
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Registered User Joined: 3/16/2006 Posts: 2,214
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11,148 to 11,174 is the area to watch for entry short (puts) .... remember 3 out 4 stocks follow the major indexes, so don't swim against the water!
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Registered User Joined: 2/14/2006 Posts: 8
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really great stuff
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Registered User Joined: 3/16/2006 Posts: 2,214
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[9/9/2008 12:39:42 PM] <signaltap> ((((((((( DJ-30 alert ))))))))))
[9/9/2008 12:40:11 PM] <signaltap> 1 min dj30 only 17 points wide!
[9/9/2008 12:40:38 PM] <signaltap> 5 min dj30 only 40 points wide!
[9/9/2008 12:41:11 PM] <signaltap> 60 min dj30 only 62 points wide !
[9/9/2008 12:41:34 PM] <signaltap> all EMA levels in 3 timeframes are in sync!!!!!!!
[9/9/2008 12:41:49 PM] <signaltap> be ready for this coming move!
[9/9/2008 12:41:55 PM] <signaltap> 3
[9/9/2008 12:42:14 PM] <signaltap> timeframes (short term)
[9/9/2008 12:42:44 PM] <signaltap> 300 point swing coming!
[9/9/2008 12:42:59 PM] <signaltap> the trend today is down !
[9/9/2008 12:43:14 PM] <signaltap> market wants 11,113
[9/9/2008 12:43:54 PM] <signaltap> maybe today, the latest tomorrow
[9/9/2008 12:45:08 PM] <signaltap> uncoil fury ! pinball action on the works!
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Registered User Joined: 3/16/2006 Posts: 2,214
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[9/9/2008 3:00:51 PM] <signaltap> its 100 points lower now!
[9/9/2008 3:02:54 PM] <signaltap> LEH @ 52 w low
[9/9/2008 3:04:55 PM] <signaltap> open the flood gates!
[9/9/2008 3:06:18 PM] <signaltap> 200 more points to go on this swing! (11,128) tomorrow its part II
[9/9/2008 3:07:27 PM] <signaltap> ABX @ 52 w low
Signaltap
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Registered User Joined: 3/16/2006 Posts: 2,214
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Registered User Joined: 4/20/2007 Posts: 6
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I'm impressed! Are you trading Dow eminis with these charts?
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Registered User Joined: 2/29/2008 Posts: 17
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Good work signal.
You know if you keep calling for the market to break down often enough you'll evenually get it right.
Futures up 75.
Heres you original thread calling for a big decline way back on July 23.
http://www.worden.com/training/default.aspx?g=posts&t=34218
But your probably better than most in this forum.
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Registered User Joined: 3/16/2006 Posts: 2,214
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LEH is cooked, and no one will step in to buy it! not even the goverment! hi robert, I do SPY options, got a load of OCT 120's now looking real good and waiting for that greenspike hourly to come to unload, Sig
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Registered User Joined: 3/30/2008 Posts: 77
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Can you confirm on what you tade with this? I assumed it was DOG,DDM,DXD
I've been paper trading those just on the stocastics and I've been doing rather well. Do you use the red/green spike just as a warning and use the stocatics as a confirmation?
Anyway thanks for this thread.
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Registered User Joined: 3/16/2006 Posts: 2,214
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welcome to the "Duldrums!" a nasty bear market keeps on!
dj futs. - 335, s/p futs @ -45
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Registered User Joined: 9/25/2007 Posts: 1,506
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And the SEC promises to put an end to "abusive short selling" ...
I wonder how they're going to do that ... without just putting an end to short selling ...
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Registered User Joined: 5/1/2007 Posts: 158
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Nope. Just enforcing the rule that says borrowed shares have to be borrowed, meaning even more pressure to put in shorts. Like King Canute ordering the tides. A pretty speech, but does not change the fundamentals.
Over in Russia, they closed the markets, presumably so Putin's oligarchs can find an angle. We do live in interesting times.
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Registered User Joined: 3/16/2006 Posts: 2,214
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as told! everytime we get bollinger band tightness on the daily chart, like now, we get into a new swingdown! Sig
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