How far this rally can go ?

Discussion in 'Trading' started by madmaxer, Mar 13, 2009.

  1. buy orders flooding in
     
    #21     Mar 13, 2009
  2. In the span of just 4 days sentiment has made a 180. buy orders flooding in. cant stop this market.
     
    #22     Mar 13, 2009
  3. LongHead

    LongHead

    #23     Mar 13, 2009
  4. LongHead

    LongHead

    where did you learn how to trade?
     
    #24     Mar 13, 2009
  5. Rex84

    Rex84

    I dumped my longs on the top of the second top we made this morning.
     
    #25     Mar 13, 2009
  6. you doing a fibonacci?
     
    #26     Mar 13, 2009
  7. Here is the Symmetry Analysis of @ES Butterfly Pattern.

    Regards,
    Suri

    [​IMG]
     
    #27     Mar 13, 2009
  8. Mad Magazine.
     
    #28     Mar 13, 2009
  9. Watch the tape on the ETFs SPY,DIA,QQQQ. Offers are being pulled and then hit with 100 lot trades. Volume on this rally off the lows is not all that grand. Not like a major bottom.

    Pull up a weekly chart after the close today and look at the volume of SPY,DIA,QQQQ. We have not had a capitulation bottom yet.

    This has been a good low volume counter trend rally.
     
    #29     Mar 13, 2009
  10. Mad Magazine. LMAO!

    In the famous words (modified) of Robert DeNiro's character in 'Ronin:'

    "You haven't done so well {trading} lately."

    "Maybe, but at least I don't go around whining about it."
     
    #30     Mar 13, 2009