11-22-2011 ST 更新

Diver

I bought dip today with SPY DEC CALLs and sold just now. I felt today's rebound was very weak, plus money flow data is still weak and my system signals are still weak, plus European markets are weak today, so I guess more down tomorrow.

Tomorrow's market movement may be big (it could be in either direction), due to low volume in holiday season. I would rather stay sideline.

Diver

buy signal on YRCW.

328

worry about M head

328

stop out, finish for today

NYQ

Here is my dilema: If we cosider today's change as a weak down phase, which is very likely, chances are tomorrow will have a gap up. On the other hand, we don't know how low the market gonna to go before up again. Do I need to get in before today's market close, or just continue to wait? Any suggestion?

bucks

basically ST is directionless at the end of today. The market could go either way. Be patient.
However, if tomorrow the market chooses to break down, it may actually be a bear trap, and presents a good buy-dip chance. So closely watch it, and I prefer this scenario.

NYQ

NYQ 发表于 2011-11-22 13:26
BTW, who can tell me what "OE" is? So many people care about OE.
Thanks in advance.

谢谢！

Diver

NYQ 发表于 2011-11-22 10:23
Here is my dilema: If we cosider today's change as a weak down phase, which is very likely, chances  ...

Why do you belive tomorrow gap up open?

Be patient. Do not worry about missing bull wagon now.

NYQ

Since it is a clear down phase from ES, so the upside rebound hasn't  come yet. We can expect tomorrow may be a upday, although it will be safer to wait untill it becomes clearer. The rebound may turn out not bad.

Diver

回复 NYQ 的帖子

ERX buy signal.

NYQ

From ES, we still need to see some signs of diminish  of strength from bears and some increase in strength from bulls. Continue to go down (now is 1170) is big chance event.

NYQ

咋走成这样了？牛牛很不乐观。