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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (66045)11/21/2014 2:30:24 PM
From: Chip McVickar  Read Replies (1) | Respond to of 220488
 
If this spike higher holds into the close... we'll be looking at a classic reversal bar

and I'll be looking at one of my "Cherry Bombs"... might have to take a swing short



To: GROUND ZERO™ who wrote (66045)11/21/2014 3:12:24 PM
From: Lazarus1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 220488
 
Could be...but I have a sneaky suspicion that they are going to ramp this market into the at least the first week of December so everyone is happy about opening their wallets.

You've got the full moon and these Bradley turn date folks thinking that this week marks a turn and of course with all time highs that should mean DOWN. What if the gap and run just keeps on going???

Its clear where the sentiment lies ... Even I think down from here but I would not be surprised if we close at or near the HOD.

Of course this image shows who HAS REALLY BEEN TRAPPED




To: GROUND ZERO™ who wrote (66045)11/21/2014 4:03:41 PM
From: Fintas2 Recommendations

Recommended By
GROUND ZERO™
toccodolce

  Read Replies (1) | Respond to of 220488
 
BULL TRAP? Today, Monday, Tues does it really matter when the upside is limited and that downside offering a nice drop.

Now I realize there are some who are so sure we are going to 2500 SPX without a 200 point retrace they made a silly bet with me. I'm feeling a bit guilty.

Yet put another way.. We are in a period where todays good news will be digested/discected and SOLD.

Fintas