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#1 mss

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Posted 15 July 2011 - 06:00 AM

:) Something has to give, SOON. [attachment=18610:asc.png] mss

Edited by OEXCHAOS, 15 July 2011 - 06:39 AM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#2 fib_1618

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Posted 15 July 2011 - 07:19 AM

Agreed...yesterday was not a good day for the bulls internally...and a defensive posture is now highly suggested. Fib

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#3 SemiBizz

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Posted 15 July 2011 - 07:38 AM

Yup... besides the semis in the tank, there's this...
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#4 SemiBizz

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Posted 15 July 2011 - 08:43 AM

SOX INDEX - NEW LOWS

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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#5 mss

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Posted 15 July 2011 - 09:21 AM

:)

This is going to get interesting!

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=4&i=p39913975968&a=152746175&r=122.png
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#6 flyers&divers

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Posted 15 July 2011 - 11:02 AM

Purely based on price action, quick extensive rally and belabored slower pullback, this seems to be a developing bear trap. I looked at Copper and Lumber on intraday charts and I would rather be a buyer then a seller of both. Just IMHO. I have no directional interest at the moment. Regards, F&D
"Successful trading is more about Sun Tzu then Elliott." F&D