johnpaulca 12,036 posts msg #72647 - Ignore johnpaulca |
3/13/2009 11:46:49 AM
Moby: are looking at the daily ??? if so, no because it's coming from above. I entered the last Booya on the 5-min chart around $86
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moby 314 posts msg #72648 - Ignore moby |
3/13/2009 11:51:49 AM
nope...TWM..... 5 min chart ....bar at 11:40 EST opened at $87.10
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Eman93 4,750 posts msg #72649 - Ignore Eman93 |
3/13/2009 11:57:02 AM
I wanted SDS @ 92 but missed...
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Radiomuse 288 posts msg #72650 - Ignore Radiomuse modified |
3/13/2009 11:57:18 AM
Moby - I think I'm seeing it.... the 11:35est bar crosses the lower bb40, high on that bar (from IB) is 87.20. John - isn't that the trigger bar?
At 86, hasn't TWM been way below both the bb10 and bb40?
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johnpaulca 12,036 posts msg #72651 - Ignore johnpaulca |
3/13/2009 12:03:10 PM
Radio...remember the snap back I talked about yesterday. I said if it opens below BB1.04(44.52) then it will snap to that band to test it....it will run close to 44.52. I went long this morning and now just scalping $0.40-0.60. I am still holding TWM long because of the DJX being overbought ...imho
BTW- take a look at daily MACD for DJX...looks like a H & S pattern...candle is also negative.
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moby 314 posts msg #72652 - Ignore moby |
3/13/2009 12:04:30 PM
I see Radio the one that crossed above the lower BB40, and if the next one opens above the lower BB40 , enter, as long as there is no obivous imeed resistance above.
I thought it was the bar 2 bars later (the bar that opened at 87.10 and close at 87.40)
Thanks guys, very generous with your help....I've almost got it.
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johnpaulca 12,036 posts msg #72653 - Ignore johnpaulca |
3/13/2009 12:08:04 PM
There is no mistake where the DJX is heading now....stocks should be short and long TWM, FAZ etc.
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johnpaulca 12,036 posts msg #72654 - Ignore johnpaulca |
3/13/2009 12:17:20 PM
FAZ...blew through $44.52...will sell half here.
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Radiomuse 288 posts msg #72655 - Ignore Radiomuse modified |
3/13/2009 12:25:51 PM
John - I think I see what you mean with TWM opening below the 1.04. It was acting as resistance, and I see a couple cases where it opened below it, maybe went a couple more bars, then as soon as it opened higher snapped back to test it. The last one I see is at 10:55est. But what the heck is 44.52??? (nevermind - see you're referring to FAZ with that one...)
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Walid 130 posts msg #72656 - Ignore Walid modified |
3/13/2009 12:27:48 PM
Buy AAPL for 3 or 4 5 minutes bars
Not working out. Out with small loss.
Re enter here. The same play
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