Ready to short boys?

Discussion in 'Trading' started by RangeTrader, Sep 22, 2012.

  1. Just a couple months off now... Maybe only one month!

    When you see the daily chart start getting volatile were getting ready to break! Were almost to two deviations on the monthly.

    If you get those price levels around two deviations there is no way you can lose establishing a half a year short position. At the very minimum well see median price levels around 1350 sometime next spring. More likely we see one deviation down.
  2. SatMir


    you are late to the party

  3. good stuff I like how your only using standard deviation

    and the acceleration indicator is interesting
  4. NoDoji


    Been short the S&P since the 14th based on a special "woo woo" indicator :p
  5. Blow off rally into the Elections off of the Oct/Nov 2011 lows. Still a lot of time. You want to sit short for 2 or 3 more months through that?

    QE3 just formally announced, great for equities market but little consequence for guy on the street. We are not here to trade the guy on the street. The Fed announcement added this wording. Print it and tape it above your screen, until they remove it: until such improvement is achieved

    "If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability."

    All the other "QE"s were defined but this is QE on steroids? Other tools? WTF? The beatings will continue until morale improves.
  6. Ash1972


    The Fed's logic is impeccable. Let's do unlimited amounts for a third time of what completely failed to work the first two times. Right.

    Some people insist on believing the improbable. Well I guess that's why we have religion. And fundamental analysis :)
  7. TILT2


    When you die in the market, I will start shorting!
  8. The fed has no direct influence on the markets.

    They just trigger the initial start of the speculative bubbles and then they run on their own until they lose momentum with no outside input.
  9. Market trend strength is at 30 points per 10 weeks and 60 points per 10 months.

    It's still the kind of trade you want to try to time perfectly because that is how fast the higher highs are moving upward in this market. 60 points per 10 months or 6 points per month is the price strength increase rate.

    This current pattern is setting up like the crash of 1987... Or it could be just like the correction in the middle of that bubble. We shall see!!!
  10. Starting to drop already.. Nasdaq breaking down. Real excitement begins in a few weeks or so... Ohhh... Correction is merely weeks away now...
    #10     Sep 29, 2012