tag:blogger.com,1999:blog-2676650858658561710.post94153499933073832..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: More Nasdaq Weekly Volme SpyxRob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2676650858658561710.post-43810106684993063612009-08-01T00:49:08.959-04:002009-08-01T00:49:08.959-04:00They take a long position in a stock, and then see...They take a long position in a stock, and then seeing it fall in value, attempt to lower their average cost by purchasing more of it, only to find that it drops even further in value, quite often never to recover to even the lower cost paid.Nexpiderhttp://www.nexpider.comnoreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-27216911997271180682009-04-29T16:34:00.000-04:002009-04-29T16:34:00.000-04:00Today was a 'Fed day'. It's total non-eventness s...Today was a 'Fed day'. It's total non-eventness spoke volumes about the restoration of normalcy, and lent a strong intraday bullish spin.<br /><br />Some key datapoints went into 2009 breakout zones today.<br /><br />We still have one of the most FAVORABLE seasonal periods (very late April thru Week 1 May) immediately ahead. <br /><br />Also, there is the upcoming monthly Performance Snapshot of tracked investments, in a strongly UP month-- which always engenders a bit of posturing and jockeying by the Institutional behemoths, as they pad and adjust for the camera.<br /><br />Though such quickly reverses, it can add impetus to short term trends already set in motion.<br /><br />There is often a local HI around the Cinco De Mayo, a holiday I celebrate. I often “sell in May and go away” on THAT day, and go get drunk.<br /><br />Given how many momentum indicators are looking STRONG, macho, rather than badly “overbought”-- is all of the above cause for near-term“Bear beware?” At least for a goodly spell..?<br /><br />DanielDanielnoreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-38470620138917863972009-04-29T13:27:00.000-04:002009-04-29T13:27:00.000-04:00i hope we get some sort of direction soon
we've b...i hope we get some sort of direction soon<br /><br />we've been trading without a trend for over a week or so and it's been quite tough to read<br /><br />in terms of price action, the 60 minute and 15 minutes are doing exactly what a bull trend should do<br /><br />the daily, on the other hand, has been telling me to sell into this since early april<br /><br />since that isn't working, i'll stick to the intraday timeframesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-31786530844991324702009-04-29T10:22:00.000-04:002009-04-29T10:22:00.000-04:00Sobering and alarming. But within what time frame...Sobering and alarming. But within what time frame will this running out of steam take place?<br /><br />If we resume uptrend, say, for a while, then peak two weeks from now-- at how much higher a level will the following (nominal) 6-week decline.. to a LOWER point than today.. be taking place from? And how close to that coming inflection-point would one dare risk their current bullish buy/hold continuation-signal positions?<br /><br />To me this seems like a converse of the upside Breadth Thrust Warning-- except to the downside.<br /><br />Not precise, day to day. But very emphatic. <br /><br />DanielDanielnoreply@blogger.com