How far this rally can go ?

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

  1. Weekly volume in DIA is shaping up to be about the same as it was the week before Christmas 2008.
     
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    #31     Mar 13, 2009
  2. LongHead

    LongHead

    Nope..no fibonacci..just feb 23 and feb 26 high was at that point. there was a double top and that's when it puked after that.
     
    #32     Mar 13, 2009
  3. Bootsie

    Bootsie

    Don't forget the bearish engulfing daily candle on the 23rd (or thereabouts)... will be shorting the t!ts off >767... which, if I'm not mistaken is a 50% fib retrace off the bottom (based on Surinotes chart on the previous page).

    B
     
    #33     Mar 13, 2009
  4. Bootsie

    Bootsie

    Finally.
     
    #34     Mar 13, 2009
  5. LongHead

    LongHead

    Good point..dint notice that.
     
    #35     Mar 13, 2009
  6. Bootsie

    Bootsie

    Thx

    and see edit above regarding the fib retracement...

    B
     
    #36     Mar 13, 2009
  7. MAESTRO

    MAESTRO

    DEAD CAT BOUNCE!
     
    #37     Mar 13, 2009
  8. It is what it is.
     
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    #38     Mar 13, 2009
  9. stock, how much money did you make today?
     
    #39     Mar 13, 2009
  10. Rex84

    Rex84

    I don't like the fact that the VIX was up today, unless there is news, Monday looks to be a down day.
     
    #40     Mar 13, 2009