SPX may go touch the lower bound of current yp channel. should be
a good entry for swing or DT long, risk reward wise. so many
bears on board, we need pay attention to not only the massive
resistance over head, but the mine filled support zone underneath also.
feels like tomorrow is the OE day, hehe, QQQQ and SPY are very close to max pain already.
Stupid me, AIG is part of DOW index. hehe. tuition paid. lesson learned.
原帖由 oldfrog 于 2008-5-9 10:39 发表
bought DDM 77.35, see if the gap fill?
frog feeling is today will hold up.
the biggest downer so far are, guess what?
energy and basic materials.
WUWU, 看人家QQQQ的空都补完了。唉，why I ...
原帖由 oldfrog 于 2008-5-9 00:55 发表
这口水井好就好在题目，天天有效。
SPX may go touch the lower bound of current yp channel. should be
a good entry for swing or DT long, risk reward wise. so many
bears on board, we need ...
Just for fun, did some searching and found out a quarter of Friday's DOW lost was due to AIG itself
Dow is price weighted. And the summation of all 30 ticker's closing price is $1579, dow was down ruffly .94%, that means all together Dow30 lost about $15, and AIG itself contributed $4
some brothers complained about the text was too long. to make it easy
overconfidence effect: QZHY
escalantion of committment: oldfrog average down on DUG
confirmation bias: to the dead bulls of January and dead bears of April.
tomorrow is a very important day, because today is over.
nobody think today is quite bullish? indexes bounced off major
support, both price and volume more than cancel out the down of
Friday. Also, today's up is enjoyed throughout the market with
allmost all sectors up.
Volume is not that impressive. Still there is the 200MA ceiling over it. Continues to ignore some bad news. Seems it has priced in an improved retail number tomorrow.
both volume and price move are not impressive by any means, but they both overcomed the Friday's loss.
原帖由 Kami 于 2008-5-12 18:44 发表 Volume
is not that impressive. Still there is the 200MA ceiling over it.
Continues to ignore some bad news. Seems it has priced in an improved
retail number tomorrow.
very interesting day. in the morning bulls are all excited and
bears was trying to find all possible reasonings to stay alive.
And just opposite in the afternoon. very exciting process, but
looking back, all major indexes closing price barely moved for last
three days. Maybe it is the OE effect this time. All
indexes etf very much in the stiking distance of max pain. QQQQ
was and still has the biggest difference to max pain, maybe that is why
it fell most today.
If that is true, then tomorrow and the day after tomorrow won't be
important then, because we will finish on the max pain this
month. As Lao Lian predicted, nothing days.
I will do DT for rest of the week with that in mind. hopefully the theroy won't let me down.
For next week, I am still bullish so far. Because I think today
could be a major accumulation day if it is not the Wednesday of OE week.
Disclaimer, this comments contains strong bullish bias, not suitable for bear viewers.
原帖由 oldfrog 于 2008-5-14 23:01 发表 very interesting day. in the morning bulls are all excited and bears was trying to find all possible reasonings to stay alive. And just opposite in the afternoon. very exciting process, but look ...
原帖由 oldfrog 于 2008-5-14 23:01 发表
very interesting day. in the morning bulls are all excited and
bears was trying to find all possible reasonings to stay alive.
And just opposite in the afternoon. very exciting process, but
look ...
狗仔卡
发表于 2008-5-9 09:03 PM
