Paddy
i do still have all my hair.....and don't be silly..i'm cool..
but i am not the person to equate this TA with..
The major players, readers, were short this market when the NYSEBP turned neg in July...
i ignored it, as usual, because i was trading nets and techs....the NAZ hit 2880 yesterday...the DOW was in a trading range for 3 months...
as for the SPOOS??? now that's a different story...
we both read that chart i posted here showing the decline, and resistance at each and every attempt at a new high...only to be rejected at a lower level...
If you would have conversed with TD, from that time frame..it would have confirmed much much earlier...
yesterday was MY, sell signal...i play the short term indicators all the time...when they turn up, i dive in, whent hey turn down we selloff..i dive in UP anyway..:>}
but...you daytrading the futures...and in fact P&F has that chart as well....as it has all futures, commodities, etc...
i would think it would be fun to chart the futures real time day to day...i agree it will lag...but my friend is working on this as we speak...real time futures using P&F...
i tested it using stock..it was amazing...
anyway...don't use me as any guru of this TA...i have about 1 years worth of experience, while TD and Jan, et all. are the real pros...
oh heck, i can read them..but what with my bullish nature, i ignore shit, doncha know<g>...it always costs me money tho..
i should have been in all cash 30 days ago...playing every rally as a short...
did not happen...it may some time...who knows??? |
