straken
469 posts
msg #93645
- Ignore straken |
6/8/2010 3:41:27 PM
BTO PLL JUN35 Calls
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johnpaulca
12,036 posts
msg #93647
- Ignore johnpaulca |
6/8/2010 4:35:54 PM
There is double divergence on the daily chart in the cash DOW. This occurs when the relative strength indicator does not make a new low when the cash market does two times in a row. It is a bullish indicator
Source: Market Direction Analytics, Inc.
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Eman93
4,750 posts
msg #93655
- Ignore Eman93
modified |
6/8/2010 9:17:02 PM
ohnpaulca
- Ignore johnpaulca 6/7/2010 4:40:38 PM
The NYSE Up Volume % came in under 1% on Friday. In other words, over 99% of the volume was in declining securities. Breadth this extreme is remarkable. According to my database there have only been 4 other days since 1970 where the NYSE Up Volume % came in at under 1%. I've listed them below along with their next-day returns.
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Worked for the SPY nice info..
QQQs and RUT did not go green today charts still look ugly.
Not ready to go long yet other than scalp.....
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Eman93
4,750 posts
msg #93659
- Ignore Eman93 |
6/9/2010 2:32:19 AM
CRERY off the volume scan
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jrbikes
624 posts
msg #93683
- Ignore jrbikes |
6/10/2010 2:49:30 AM
JP, NLIA took off today, I missed it because they called me in early today, I did not see it till I pulled up the chart at break! I was really upset, LOL, maybe tommorrow it takes a new high
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johnpaulca
12,036 posts
msg #93684
- Ignore johnpaulca |
6/10/2010 8:34:15 AM
Thanks JR.
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straken
469 posts
msg #93688
- Ignore straken |
6/10/2010 11:12:39 AM
straken
- Edit message 6/7/2010 2:49:50 PM
I'm buying 50 calls of the CHRW 57.5
Sold to close 50 CHRW 57.5 calls. Nice little profit
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straken
469 posts
msg #93689
- Ignore straken |
6/10/2010 11:13:37 AM
straken
- Edit message 6/8/2010 3:41:27 PM
BTO PLL JUN35 Calls
STC PLL JUN30 Calls. Nice big profit.
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johnpaulca
12,036 posts
msg #93690
- Ignore johnpaulca |
6/10/2010 12:14:54 PM
Sweet !!!
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straken
469 posts
msg #93694
- Ignore straken |
6/10/2010 2:31:58 PM
JP
Today appears to have started off with a bang, I believed it would due to the staggering losses on both sides of the coin in the last few weeks and with index options expiring tommorow........But..Only a handful of stocks (15) are currently trading at 2 x their 10 day average volume and the S&P looks to be having a lower than average volume day.
Whats your take on it? Its a little too early to call just yet but it appears buyers are exhausting themselves.
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