I dont touch stocks market moves and that stock doesnt
tomrrow has 90bars @ 11:30 126bars @ 2:30 either or or both could mark lows. IF by some chnace we do open down with a huge gap, i will be out.
One tech anaylst looks for gap to 877, wouldnt that be nice[gg]
REMINDER Tomorrow is the BRadley date which could be intraday as easily as the close
its also the FIBO convergence = ditto above
My PROPRIETARY ADV/DEcl and Volume ratios are at or just below the threshold of 400 which means get ready for a rally.
todays propens index opened down bounced , then dropped back tot he same spot, & up once more to the same high BUT closed on a slide.
IT {{APPEARS}} to open on a SLIDE and bounces very little till after the noon hour possibly to about a 2pm high, then takes a sharp but BRIEF dip and closes with a huge rebound.
GAME PLAN I dont want to wait ALL DAY for the LAST dip, so as I wrote before. I will bail out at spx 885 or lower at or before 11;30.
5 comments:
IF by some chance the SPX does drop to 885 by 10am, then IM OUT of ALL SHORTS
and will be buying LONGS;
Jay
thanks Jay you buying etf longs or ind stock type longs?
Thanks Jay
this is the most likely scenario
sam
I use DJX options
Very high beta
I dont touch stocks
market moves and that stock doesnt
tomrrow has
90bars @ 11:30
126bars @ 2:30
either or or both could mark lows.
IF by some chnace we do open down with a huge gap, i will be out.
One tech anaylst looks for gap to 877,
wouldnt that be nice[gg]
REMINDER
Tomorrow is the BRadley date which could be intraday as easily as the close
its also the FIBO convergence
= ditto above
My PROPRIETARY ADV/DEcl and Volume ratios are at or just below the threshold of 400 which means get ready for a rally.
todays propens index opened down
bounced , then dropped back tot he same spot, & up once more to the same high BUT closed on a slide.
IT {{APPEARS}} to open on a SLIDE
and bounces very little till after the noon hour possibly to about a 2pm high,
then takes a sharp but BRIEF dip
and closes with a huge rebound.
GAME PLAN
I dont want to wait ALL DAY for the LAST dip, so as I wrote before.
I will bail out at spx 885 or lower at or before 11;30.
and maybe use that last dip to buy long.
Jay
Tomorrow's
Jay:
Your GAME PLAN Thursday:
".... I will bail out at spx 885 or lower at or before 11:30."
What would you do if we don't get to spx 885 or below by 11:30 ?(and why?)
Ravi
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