Discussion in 'Trading' started by MrDODGE, Nov 19, 2008.
Think everyone knows it is coming sometime today. What time will it be?
NOT gonna happen today. the PPI number has spooked the market and just gave another reason to be petrified. DEFLATION !
Market showing signs a rally is about to begin
the only consistent trade is to buy 2 hours b4 the close when the intra-day chart looks its absolute worst
then the huge funds step in and the market almost always goes green till the final 20 minutes where it will either:
1. Surge 200 points till 4:04 (including virtual points)
2. drop 200 points
The volume is so high that its like a compressed spring. The slightest perpetuation of a fund transaction can trigger panic buying/selling and a 2% move in either direction
Is it starting?
we got our double white candle, and volume is picking up on the DJIA
yea this looks like it is
Here it is!!!
just short the spy or dow with a stop at 83.17 on the dow.
shot intest is at record levels. most of these shorts will have to cover sooner or later on PSY DIA and QQQQ
This is comical... market must end green so the media can push the news of the economy being on the rebound.
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