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


To: ChartMan22 who wrote (114047)11/8/2018 1:00:30 PM
From: da_cheif™1 Recommendation

Recommended By
GROUND ZERO™

  Respond to of 218479
 
the es has a clearly defined objective near term of 2861



To: ChartMan22 who wrote (114047)11/8/2018 1:03:04 PM
From: da_cheif™1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 218479
 
> I bet a sizeable pullback< i dont think so.....but i could be wrong 2861 es shud arrive this afternoon alibied by the fed announcement



To: ChartMan22 who wrote (114047)11/8/2018 1:48:42 PM
From: GROUND ZERO™2 Recommendations

Recommended By
GoodGord
Oblivious

  Respond to of 218479
 
I still think we're going much higher from here but we're heading out tomorrow midday for more than a week, so I went completely flat just a moment ago and booked all my gains from early last week, there's no reason I have to wonder what these markets are doing while I'm sailing the southern Caribbean sea enjoying a few frozen Margaritas...

Yes, I know I did say I would hold all my longs while I'm away, but honestly, who really needs that kind of angst while on vacation... these markets will be here when we get back and I can always find a good place to re-enter...

GZ



To: ChartMan22 who wrote (114047)11/8/2018 2:06:16 PM
From: GROUND ZERO™  Respond to of 218479
 
Wow, looks like I got lucky going flat when I did... YIKES!!!

Besides, the CF is WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAY over done here, time for it to back off some...

EDIT: Now it should probably be bought again, but I'm not going to mess with any positions with just this afternoon and tomorrow morning...

GZ



To: ChartMan22 who wrote (114047)11/8/2018 3:32:26 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218479
 
Both the DOW Transports and the NYSE are below their 200 DMA and almost came up to it today before falling back down...

My hunch is we may still see more selling from here...

GZ