It is 11:08AM and Qs Price is now at 36.76. Profits that were taken were at 10:52AM, with price at 36.67. Which is the EXACT bottom so far. You made the third mistake in a row in less than one hour. The probability that you do such successive mistake is less than the odds to win the lotery, and you did not miss it! PS: The prob to nail a top or a bottom in T minutes is (1/2)^T. The probs to nail three is: I let you think about it. But you will probably get confused, and maybe lose consciousness!
If the CDV keeps going down (like it has been for the last 15 minutes or so) its going to neutralize the whole Initiated buying move from yesterday while the tame price movement is hiding it... am i seeing this right... ?
Your trading call capability has already been "bitch slapped" REALTIME, so maybe go take up truck driving from one of those TV commercials......
Sure that could happen.....just means not many holders left as price would approach 925's possibly latter in the day.
Right, but i suspect a another move up in price only to the 943 to 949 area for more massive distribution... Tarp Announcement (waiting for Old News)... anyway its kinda fun watching the CDV vs price...
Man and you still killed everyone that day on that thread even w/the indicators you were using, that is incredible....
Yes that was a good day.... OK....here was the 946's test from early this a.m. after the open........... http://www.charthub.com/images/2009/06/09/ES__CD_4.png
11:33AM: Qs at 36.79. I covered at 36.67. Now I am getting ready to hit you again. Watch out! Cumulative delta is productive (it can produce losses! )
Guys: A bit of an honest opinion. If cumulative delta is worth something why would the insiders (exchanges, market makers, etc) sell it? On the other hand, I hope you know that the order flow is worth something and is sold by brokers. It is not sold to everyone, but to the insiders/market makerts. Now that is worth something for sure! A bit of a hint to you! So, I am sorry to say that delta is worthless at best, and can even be harmful, except to the sellers of data such as the data provider championed by AMT (I wonder why he would do it, and also why he is maintaining this thread). Do not be a sucker. Cheers