SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Aardvark Adventures
DAVE 235.29+5.2%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ~digs who wrote (7580)10/30/2010 9:58:19 AM
From: Kevin Shea   of 7944
 
just some observations..

Looking at the SPY to get any sense of a tell... don't see anything obvious at this time, looks mostly neutral to me.

However, it is interesting to see how much this run looks like the run of Feb to April.. very paced, little volatility, etc. -- followed by a great deal of volatility.. It seems to suggest some level of control.

The earlier top shows diverges in DMI, Momentum and Stochastics. with increases in volume.

So, I am currently still playing long, but cautious, waiting for any signs of divergence. There may be some in Stoch now, but others seem more neutral to me and no volume increase.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext