johnpaulca 12,036 posts msg #64616 - Ignore johnpaulca |
7/2/2008 11:26:07 AM
Buy = Signal line above histogram, it could happen today or tomorrow ???
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maxreturn 745 posts msg #64618 - Ignore maxreturn |
7/2/2008 12:04:58 PM
Nice chart JP. Just curious...is the crystal ball a derivative of the VIX?
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johnpaulca 12,036 posts msg #64620 - Ignore johnpaulca |
7/2/2008 12:14:17 PM
Max...it's not....ancient Chinese secret (O:
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maxreturn 745 posts msg #64621 - Ignore maxreturn |
7/2/2008 1:30:35 PM
Aw shucks JP!
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johnpaulca 12,036 posts msg #64630 - Ignore johnpaulca |
7/2/2008 4:30:42 PM
Broke what little support it had...don't be a hero and stand in front of a missile...this could get more nasty.
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johnpaulca 12,036 posts msg #64651 - Ignore johnpaulca |
7/3/2008 9:20:08 AM
TWM...this is my insurance policy. It goes up when the market goes down, was up about 6% yesterday. Buy signal was on June 6th, gave me lots of time to get rid of my longs. Yesterday it broke out from that rounded bottom you see on the chart, I will increase my short position if it hold this new support or long if it gets rejected.
Happy trading.
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johnpaulca 12,036 posts msg #64654 - Ignore johnpaulca |
7/3/2008 11:21:03 AM
TWM...looks like a reversal coming.
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TrendSurfer 109 posts msg #64661 - Ignore TrendSurfer modified |
7/3/2008 4:17:13 PM
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johnpaulca 12,036 posts msg #64671 - Ignore johnpaulca |
7/3/2008 9:03:53 PM
Sorry TS, but on this forum we help each other...enough money for everyone...have a great weekend....we don't have a holiday tomorrow in Canada so I can trade the TSX.
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johnpaulca 12,036 posts msg #64885 - Ignore johnpaulca modified |
7/11/2008 11:10:33 AM
VIX....I am guessing we will see a bounce in the Dow by end of day. We are getting close to extreme fear on the VIX(30)...not a buy signal as yet...be patient folks, lots of good buying opportunity out there. Strong sectors: Utilities, Healthcare and transportation.
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