Petsamo's Top Call

Discussion in 'Trading' started by Petsamo, Oct 23, 2009.

  1. JSSPMK

    JSSPMK

    Why the change of heart?
     
    #21     Oct 27, 2009

  2. LOL you can almost never tell when someone is joking here
    but this definitely canned it
     
    #22     Oct 27, 2009

  3. The Rush Limbaugh of Market Analysis
     
    #23     Oct 27, 2009
  4. I like Rush. I listen to him as often as I can.

    I like NoDoji too. :D
     
    #24     Oct 27, 2009
  5. I like any political theatre that depends primarily on intonation and pacing

    of course, by that measure, Cramer sucks
    not so sure about nodoji
    :)
     
    #25     Oct 27, 2009
  6. I like female company, as long as she isn't too liberal. :D
     
    #26     Oct 28, 2009
  7. DOWN PERISCOPE! DIVE! DIVE! (I was a Marine, but I was never in a boat.) You guys better not hold long positions over the weekend.

    Target buy point for long positions: 1025 area on the S&P. This will form an even neck line for the head. Furthermore, it's in the area of the bottom Bolinger Band. I anticipate we will reach this on Tuesday.
     
    #27     Oct 30, 2009
  8. logikos

    logikos

    We need a big loss day to confirm this top. Not a piddly -200 day, but a -500 or -600 day, or more.

    By the way, on the monthly DOW, the resistance line I drew 6 months ago was touched on Oct. 21th, so we have confirmations of a possible top on the daily, weekly, and monthly. This is significant.
     
    #28     Oct 30, 2009
  9. We don't need a big down day today. But, the S&P needs to close at or below 1055. Ideally, it should close at 1055 forming a doji for the October month. November, Monday, we need to start lower with a gap down, then we could have a sizeable down day.
     
    #29     Oct 30, 2009
  10. NoDoji

    NoDoji

    Worse: Green Party :p
     
    #30     Oct 30, 2009