alf44 2,025 posts msg #81520 - Ignore alf44 modified |
10/21/2009 9:32:17 PM
...just an FYI...
...the QQQQs printed a Top Tail, an ODR and ROCdiv today...add to that a 20 day high...then a Close at the 11% day position !
The SPY similarly printed an ODR and ROCdiv and also made a 20 day high...then a Close at the 4% day position !
Expectedly...ditto the above for QLD, SSO & DDM (leveraged Bull ETFs for the 3 Major Indexes) !!! fwiw
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The ingredients are in place for a bit of a pullback here !!! imo
Just sayin' !!!
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richo 74 posts msg #81535 - Ignore richo |
10/22/2009 6:53:07 AM
Alf,
Thanks for the clarification. Is the day position simply a function of where it closed in the day range?
Thanks
Rich
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alf44 2,025 posts msg #81537 - Ignore alf44 |
10/22/2009 7:59:11 AM
Rich,
Yes...
...0% day position would be the exact LOW of the day...
...50% day position would be the exact middle of the day's range...
...100% day position would be the exact HIGH of the day...
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Day Position info is in the "dp" column of the filter. fwiw
Regards,
alf44
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alf44 2,025 posts msg #81574 - Ignore alf44 modified |
10/22/2009 9:46:29 PM
Like Jason...this Market...WILL NOT DIE ... BOOO !!!
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After topping patterns yesterday...a late day sell-off...and some downside follow thru this morning ...
...I sat here today and witnessed a slightly unexpected ...IT'S ALIVE ...turnaround ...that held up through the Close !!!
SHEEESH !!!
Tonight I sit here looking at "bottom patterns" everywhere ...where 24 hours ago there were "top patterns" ...uhhh...everywhere !!!
Jason Indeed !!!
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Still not convinced though...that YESTERDAY'S ACTION ... didn't mark a short-term pivot HIGH !
We shall see !
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alf44 2,025 posts msg #81766 - Ignore alf44 modified |
10/26/2009 12:33:27 PM
"Still not convinced though...that YESTERDAY'S ACTION ... didn't mark a short-term pivot HIGH !
We shall see ! "
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Uhhhhh...YES...we shall !!!
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alf44 2,025 posts msg #81810 - Ignore alf44 modified |
10/26/2009 11:15:03 PM
...2 WORDS !!!
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UHHHHH ...
... PICKED ..... IT ! ! !
To the damn DAY !!! fwiw
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alf44 2,025 posts msg #81839 - Ignore alf44 modified |
10/27/2009 11:57:43 AM
Tails ... are waggin' today (intra-day at least)...
...if these patterns hold up...I'll be nibblin' back into this Market on the LONG side EOD ! fwiw
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alf44 2,025 posts msg #81871 - Ignore alf44 modified |
10/27/2009 5:21:40 PM
uhhh...some of the aforementioned (intra-day) "Tails" got...well..."tucked" (so to speak)...but, many didn't !
Many morphed into ODRs and ROCdiv...and...so...what can I say...I "nibbled" !!!
That is to say...I got LONG some names ! fwiw
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Actually, I believe the "trend" of short-term momentum is (still) bearish...and...
...am therefore approaching these LONG positions as counter-trend trades !
Risky ? Somewhat !
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alf44 2,025 posts msg #81956 - Ignore alf44 modified |
10/28/2009 3:54:53 PM
.... THANK YOU MR. MARKET ! ....
.... COULD I HAVE ANOTHER ? ....
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gejordan 22 posts msg #81957 - Ignore gejordan |
10/28/2009 3:57:47 PM
alf44... the new M4M
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