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fib_1618

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Reply with quote  #1 
2008-07-15 19:04:15 [Message] TradeMark -> Main Room: Good Evening....
2008-07-15 19:05:54 [Message] dowdeva -> Main Room: Hurst 10 week low this week
2008-07-15 19:06:43 [Message] TradeMark -> Main Room: Anybody got a clue re this market direction?
2008-07-15 19:06:52 [Message] TradeMark -> Main Room: Which day?
2008-07-15 19:07:46 [Message] dowdeva -> Main Room: For Hurst low? It's a window.
2008-07-15 19:07:56 [Message] dowdeva -> Main Room: This is the exact low - any day this week.
2008-07-15 19:08:01 [Message] here i am -> Main Room: to jump out of?
2008-07-15 19:08:14 [Message] dowdeva -> Main Room: I hear you - went long too early this week.
2008-07-15 19:08:21 [Message] TradeMark -> Main Room: Good describe here
2008-07-15 19:08:53 [Message] TradeMark -> Main Room: So did I,,,,,ran my stops.....knew that trade was dangerous
2008-07-15 19:09:28 [Message] TradeMark -> Main Room: So looks like all aboard that's coming aboard
2008-07-15 19:09:48 [Message] TradeMark -> Main Room: Want to look at DP stuff?
2008-07-15 19:10:02 [Message] dowdeva -> Main Room: Sure
2008-07-15 19:10:34 [Message] TradeMark -> Main Room: OK,.....I will take a lead on the first few charts
2008-07-15 19:11:34 [Message] TradeMark -> Main Room: Small point change on CO MCO, new low on MCSUM
2008-07-15 19:12:14 [Message] TradeMark -> Main Room: Could get big move in next two days......I am thinking down. But then I was thinking today would be up
2008-07-15 19:13:46 [Message] dowdeva -> Main Room: That is not a spc on CO MCO
2008-07-15 19:14:12 [Message] TradeMark -> Main Room: Looks like MCSUM is at lowest low in last 3 years
2008-07-15 19:14:17 [Message] dowdeva -> Main Room: Has to be 4.5 points or less
2008-07-15 19:14:41 [Message] TradeMark -> Main Room: Yes, it is....round down
2008-07-15 19:14:47 [Message] TradeMark -> Main Room: my chart shows 4.22
2008-07-15 19:14:55 [Message] dowdeva -> Main Room: Mine shows 15!
2008-07-15 19:14:58 [Message] TradeMark -> Main Room: What does yours say?
2008-07-15 19:15:28 [Message] dowdeva -> Main Room: The high is at 30 and low is at 45
2008-07-15 19:15:35 [Message] TradeMark -> Main Room: hit refresh....does it show today?
2008-07-15 19:15:50 [Message] dowdeva -> Main Room: Oops, my bad. that is composed of two days...sorry
2008-07-15 19:16:18 [Message] here i am -> Main Room: vix finally tagged 30 intraday
2008-07-15 19:16:29 [Message] TradeMark -> Main Room: That is why we are together here
2008-07-15 19:16:40 [Message] dowdeva -> Main Room: Thanks for pointing that out.
2008-07-15 19:16:40 [Message] TradeMark -> Main Room: Vix all over today
2008-07-15 19:18:08 [Message] TradeMark -> Main Room: new 3yr low on NYSE MCSUM too. not small point change on composite full NYA
2008-07-15 19:19:03 [Message] TradeMark -> Main Room: 10% component at 3yr low too......call it extended
2008-07-15 19:20:11 [Message] TradeMark -> Main Room: NASDAQ 3yr low on MCSUM and small point change on MCO
2008-07-15 19:21:10 [Message] TradeMark -> Main Room: Components lower than Jan and March lows as well....
2008-07-15 19:21:30 [Message] dowdeva -> Main Room: SPC on Naz too.
2008-07-15 19:21:31 [Message] TradeMark -> Main Room: I think there has been some selling lately
2008-07-15 19:22:26 [Message] TradeMark -> Main Room: Thanks for moving things along DD
2008-07-15 19:23:20 [Message] here i am -> Main Room: you guys use a full stoch on nymco to help determine direction after a small % change, no?
2008-07-15 19:23:37 [Message] TradeMark -> Main Room: Small point change on SPX mco and new 3YR low on MCSUM too
2008-07-15 19:23:55 [Message] TradeMark -> Main Room: yes here....it can help....what does it say?
2008-07-15 19:24:00 [Message] here i am -> Main Room: the stoch are surprisingly not oversold but are pointing down
2008-07-15 19:24:39 [Message] here i am -> Main Room: http://stockcharts.com/h-sc/ui?s=$NYMO&p=D&b=3&g=0&id=p47441890235
2008-07-15 19:24:39 [Message] dowdeva -> Main Room: Where can you do that? Stockcharts.com?
2008-07-15 19:26:43 [Message] TradeMark -> Main Room: OEX new mcsum low....3yr......not small point change
2008-07-15 19:26:54 [Message] TradeMark -> Main Room: Small point change on DOW MCO
2008-07-15 19:27:49 [Message] TradeMark -> Main Room: new low on MCSUM for DOW too
2008-07-15 19:28:10 [Message] TradeMark -> Main Room: I am learning the tune ...it seems
2008-07-15 19:29:06 [Message] TradeMark -> Main Room: Small point changes for MID and SML.....new low for MCSUM for TM
2008-07-15 19:29:46 [Message] TradeMark -> Main Room: Well - all looks pretty much in tune to the downside.....but extended to be sure
2008-07-15 19:31:32 [Message] TradeMark -> Main Room: CVI and STVO oversold , but could get more oversold
2008-07-15 19:31:51 [Message] TradeMark -> Main Room: VTO pretty much in the basement, and on the floor....
2008-07-15 19:32:05 [Message] here i am -> Main Room: amazing isn't it?
2008-07-15 19:32:43 [Message] TradeMark -> Main Room: But....VTO can still go lower.......let's look Trins
2008-07-15 19:33:45 [Message] TradeMark -> Main Room: NYSE .83 trin, open 10 at .99
2008-07-15 19:33:58 [Message] TradeMark -> Main Room: minimal floor....but been that way for a while
2008-07-15 19:35:19 [Message] TradeMark -> Main Room: NASDAQ arms .53....open 10 at .88....neutral
2008-07-15 19:36:01 [Message] TradeMark -> Main Room: TM .57 trin and open 10 trin at .90......neutral
2008-07-15 19:37:01 [Message] TradeMark -> Main Room: Well, net net.......nothing screaming bottom to me,,,,but could be. I am not going long again.....don't know about you gals and guys
2008-07-15 19:37:45 [Message] dowdeva -> Main Room: Someone posted something very interesting on Ihub once. He said...
2008-07-15 19:37:50 [Message] here i am -> Main Room: so far only short term and ran screaming by the end of the day
2008-07-15 19:38:14 [Message] dowdeva -> Main Room: That historically there were two times during the year where there is like a 90-something chance of return.
2008-07-15 19:38:45 [Message] TradeMark -> Main Room: Return by doing what?
2008-07-15 19:38:46 [Message] dowdeva -> Main Room: The first is on the Thursday AFTER Thanksgiving. Buy at the low of the day and sell Friday.
2008-07-15 19:38:50 [Message] dowdeva -> Main Room: Gains.
2008-07-15 19:39:07 [Message] dowdeva -> Main Room: The second is the Wednesday of July Opex. Tomorrow.
2008-07-15 19:39:22 [Message] dowdeva -> Main Room: I don't know if this year will follow the historical norm or not.
2008-07-15 19:39:30 [Message] dowdeva -> Main Room: For a rally.
2008-07-15 19:39:45 [Message] dowdeva -> Main Room: These are both formulas for rallies.
2008-07-15 19:39:50 [Message] TradeMark -> Main Room: Re the thanksgiving thing....you mean buy one week after thanksgiving?
2008-07-15 19:40:08 [Message] dowdeva -> Main Room: The Thursday after Thanksgiving. I did it last year. It was true.
2008-07-15 19:40:23 [Message] here i am -> Main Room: If I could buy the low of any day I'd be rich!
2008-07-15 19:40:35 [Message] dowdeva -> Main Room: Haven't done it for July because the person posted it just before Thanksgiving.
2008-07-15 19:40:42 [Message] here i am -> Main Room:
2008-07-15 19:41:02 [Message] dowdeva -> Main Room: This is a 10 week Hurst low this week, so a judicious buy tomorrow, with tight stops might be worth it.
2008-07-15 19:41:05 [Message] TradeMark -> Main Room: So if buy tomorrow....sell when?
2008-07-15 19:41:52 [Message] dowdeva -> Main Room: High point on Friday? Or maybe Monday? That part I don't remember so well. It was either posted on Zeev's Turnip Patch or AJTJ's thread.
2008-07-15 19:42:06 [Message] dowdeva -> Main Room: Very good threads.
2008-07-15 19:42:41 [Message] dowdeva -> Main Room: I will go on there tonight and ask if anyone remembers who posted it.
2008-07-15 19:42:51 [Message] TradeMark -> Main Room: I have never figured all those threads on IHUB out......suppose it not too hard...but never focused
2008-07-15 19:43:10 [Message] dowdeva -> Main Room: Just find a few you like. 2008-07-15 19:43:24 [Message] TradeMark -> Main Room: there must be hundreds??
2008-07-15 19:43:49 [Message] TradeMark -> Main Room: or maybe thousands
2008-07-15 19:43:55 [Message] dowdeva -> Main Room: I have only 4. Pop in once in a while. Teaparty goes to one of them, so it must be good. He's one of the best E'wavers around.
2008-07-15 19:44:43 [Message] TradeMark -> Main Room: So, who wants to venture a guess on tomorrow?
2008-07-15 19:45:25 [Message] dowdeva -> Main Room: Start low, then consolidate than close up?
2008-07-15 19:46:32 [Message] dowdeva -> Main Room: GOOG reports on Thursday after the closing bell.
2008-07-15 19:47:32 [Message] TradeMark -> Main Room: Personally, I cannot afford to bottom pick, like I was in position for today
2008-07-15 19:48:07 [Message] dowdeva -> Main Room: AAPL next week.
2008-07-15 19:48:31 [Message] here i am -> Main Room: big divergence between oil and oil stocks
2008-07-15 19:48:44 [Message] TradeMark -> Main Room: What got into oil today? came down a bunch?
2008-07-15 19:48:46 [Message] dowdeva -> Main Room: Yes, I noticed that! What do you make of it?
2008-07-15 19:49:02 [Message] dowdeva -> Main Room: Fundamentally? The divergence?
2008-07-15 19:49:31 [Message] here i am -> Main Room: I have to believe crude is overdone
2008-07-15 19:49:37 [Message] TradeMark -> Main Room: I don't know ..... did exchange announce some rule changes?
2008-07-15 19:51:29 [Message] tahiti -> Main Room: OPEC sees demand growth slowing... at least that is what the headlines says
2008-07-15 19:51:44 [Message] dowdeva -> Main Room: Oh Bull
2008-07-15 19:51:53 [Message] tahiti -> Main Room: http://www.usatoday.com/money/industries/energy/2008-07-15-oil-tuesday_N.htm
2008-07-15 19:52:14 [Message] TradeMark -> Main Room: Net net. this thing looking like a bear with paws and big sharp teeth..... until proven otherwise.
2008-07-15 19:52:15 [Message] dowdeva -> Main Room: No, I believe they said that, not doubting you, Tahiti.
2008-07-15 19:52:38 [Message] tahiti -> Main Room: Yup, I know
2008-07-15 19:52:40 [Message] dowdeva -> Main Room: LOL
2008-07-15 19:53:04 [Message] dowdeva -> Main Room: All these emerging nations and they all want cars...
2008-07-15 19:53:09 [Message] here i am -> Main Room: ya, hard to say...markets do what they want to. bush did say something about drilling again.
2008-07-15 19:53:49 [Message] TradeMark -> Main Room: Good for Bush....somebody has to say it.
2008-07-15 19:57:00 [Message] TradeMark -> Main Room: Can you write the 4 names of the good threads DD or send me a note? on IHUB
2008-07-15 19:57:17 [Message] tahiti -> Main Room: Head and Shoulders in XLE
2008-07-15 19:57:18 [Message] here i am -> Main Room: these lower lows on the summation saying anything in fib speak?
2008-07-15 19:57:49 [Message] here i am -> Main Room: no IT bottom?
2008-07-15 19:58:31 [Message] TradeMark -> Main Room: Well, if you go by the weekend posts....he would say oversold
2008-07-15 19:58:41 [Message] TradeMark -> Main Room: now more oversold
2008-07-15 19:59:16 [Message] here i am -> Main Room: we should be very close to something
2008-07-15 20:00:32 [Message] TradeMark -> Main Room: Ya, this morning it looked like a C R A S H....... something like 10 to 1 negative A/D
2008-07-15 20:01:32 [Message] TradeMark -> Main Room: 10:1 on breadth not volume.....did not focus on volume......must have been even greater.....anybody see volume A/D?
2008-07-15 20:01:48 [Message] dowdeva -> Main Room: Yes, but he would also say that you need to give time for the McSum to work out the energy of the low
2008-07-15 20:02:14 [Message] dowdeva -> Main Room: pretty bad - volume mcsum's
2008-07-15 20:02:18 [Message] TradeMark -> Main Room: Hiker was looking for Huge negative breadth on Monday.....guess he got it today
2008-07-15 20:02:47 [Message] dowdeva -> Main Room: He posted it on TW?
2008-07-15 20:02:52 [Message] dowdeva -> Main Room: Do you have a link?
2008-07-15 20:03:13 [Message] TradeMark -> Main Room: What made him expect that now?
2008-07-15 20:03:51 [Message] TradeMark -> Main Room: I saw a survey on TT Sunday night
2008-07-15 20:04:34 [Message] TradeMark -> Main Room: re huge negative breadth
2008-07-15 20:05:04 [Message] TradeMark -> Main Room: How do we know a Hurst low when we see it?
2008-07-15 20:05:26 [Message] TradeMark -> Main Room: Need huge VIX spike or something?
2008-07-15 20:05:28 [Message] dowdeva -> Main Room: It's hard, because the actual price low may not be the cycle low.
2008-07-15 20:05:54 [Message] dowdeva -> Main Room: But this week has all the signs of a multi-week low.
2008-07-15 20:06:12 [Message] TradeMark -> Main Room: Oh, great, just when I was getting ready to buy it on Wednesday of OPEx week...
2008-07-15 20:06:14 [Message] dowdeva -> Main Room: We are 30 weeks away from the 80 week low. The 4.5 year low was on Aug 6, 2007
2008-07-15 20:06:22 [Message] dowdeva -> Main Room: Still could happen.
2008-07-15 20:06:25 [Message] dowdeva -> Main Room: LOL
2008-07-15 20:07:24 [Message] dowdeva -> Main Room: I think the 9 year is exerting influence here.
2008-07-15 20:07:34 [Message] dowdeva -> Main Room: The 9 year cycle is pointing down.
2008-07-15 20:07:51 [Message] dowdeva -> Main Room: Don't know if the Hurst expert would agree (Airedale).
2008-07-15 20:08:24 [Message] dowdeva -> Main Room: But we rallied huge out of the 4.5 year low on weak breadth and been not doing well since Nov.
2008-07-15 20:08:52 [Message] dowdeva -> Main Room: So that would mean cycles larger than the 4.5 year are exerting influence.
2008-07-15 20:09:29 [Message] dowdeva -> Main Room: But still, we should rally out of a 10 week low.
2008-07-15 20:14:51 [Message] dowdeva -> Main Room: And VIX is starting to give preliminary projections to 26 or lower. Have to check.
2008-07-15 20:15:21 [Message] TradeMark -> Main Room: Is that now.. or for some distant future?
2008-07-15 20:15:48 [Message] dowdeva -> Main Room: Not too distant future. When I said the VIX was pointing to 28, that was 2 weeks ago.
2008-07-15 20:15:49 [Message] TradeMark -> Main Room: I think it over 30 intra day today
2008-07-15 20:16:05 [Message] dowdeva -> Main Room: It overshot the projection. That is bearish long-term for stocks
2008-07-15 20:16:27 [Message] TradeMark -> Main Room: is it bearish for VIX or no impact?
2008-07-15 20:18:21 [Message] dowdeva -> Main Room: for the VIX projection to be nullify.
2008-07-15 20:18:49 [Message] TradeMark -> Main Room: Question for group.......
2008-07-15 20:18:59 [Message] TradeMark -> Main Room: Any bulls here?
2008-07-15 20:19:13 [Message] dowdeva -> Main Room: Me.
2008-07-15 20:19:21 [Message] TradeMark -> Main Room: Bulls for ST.....like tomorrow, that is
2008-07-15 20:20:15 [Message] TradeMark -> Main Room: I not getting bulled up again till I hear snorts close behind me
2008-07-15 20:21:40 [Message] TradeMark -> Main Room: Well, futures are up....fwiw
2008-07-15 20:21:52 [Message] dowdeva -> Main Room: When's Fib coming back?
2008-07-15 20:22:15 [Message] TradeMark -> Main Room: Sometime early August....forget when exactly
2008-07-15 20:22:27 [Message] dowdeva -> Main Room: Cool
2008-07-15 20:22:51 [Message] TradeMark -> Main Room: Group.... want to get together a week from today in the chat room?
2008-07-15 20:23:00 [Message] dowdeva -> Main Room: Sure.
2008-07-15 20:23:35 [Message] TradeMark -> Main Room: Well....let's make it a plan ...... I am about out of thoughts for tonite
2008-07-15 20:23:53 [Message] tahiti -> Main Room: Thanks TM!
2008-07-15 20:24:17 [Message] TradeMark -> Main Room: Thanks to all for participation GN
2008-07-15 20:24:23 [Message] dowdeva -> Main Room: GN



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