The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. nq was down over 50 points today aapl down 2 interesting price action in aapl, just sayin.
     
    #7231     Aug 15, 2013
  2. Maverick74

    Maverick74

    And CSCO? :D
     
    #7232     Aug 15, 2013
  3. well I was long puts in aapl yesterday so csco helped the cause. I don't think nq sold off 50 because of csco do you?
     
    #7233     Aug 15, 2013
  4. Maverick74

    Maverick74

    Yeah they got hit as soon as CSCO reported. Keep in mind, CSCO affects about 40 to 50 companies in the NASDAQ either directly or indirectly.
     
    #7234     Aug 15, 2013
  5. right bellweather and all that, I will take it. so far looks like a dip..:p
     
    #7235     Aug 15, 2013
  6. check out this PCLN chart, retraced the entire earnings move to the close around 930 anectodal reversion argument.
     
    #7236     Aug 15, 2013
  7. ammo

    ammo

    thanks, keep em coming
     
    #7237     Aug 15, 2013
  8. Maverick74

    Maverick74

    I've talked about this ETF a lot on here. It's hitting a new 52 week high today. This is an easy way for you guys to trade the yield curve which is going through nice steepening process. I think this is a better trade then being short bonds or fixed income outright.

    [​IMG]


    And when the time comes, its' brother ETF is FLAT, yup, that's the flattener trade.
     
    #7238     Aug 15, 2013
  9. What about today's gold action mav? Point C pivot reversal?
     
    #7239     Aug 15, 2013
  10. Maverick74

    Maverick74

    I got long Gold around 1300. First time in a LONG time. It's actually the first bullish signal I got in Gold all year. Silver gave a buy signal yesterday. Both look great. Remember the rarity principle, the more infrequent you get a signal in something, the better the trade.

    Copper and Palladium also on fire. Basically, China is back. FCX catching a bid. EEM and FXI on fire. X (US Steel) wants to break out. Everything China is going bid. That's where I think the strength is coming from in Gold and Silver.

    Watch GLTR to track the basket of precious metals.
     
    #7240     Aug 15, 2013