| Eman93 4,750 posts
 msg #72602
 - Ignore Eman93
 | 3/12/2009 10:58:11 PM 
 
  
 
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| Eman93 4,750 posts
 msg #72603
 - Ignore Eman93
 | 3/12/2009 11:10:56 PM 
 I think folks are screwed up when they say we are past important resistance.
 If you use the "LOW" CLOSE and not the lows of November we are right at resistance.
 
 I hope most of you know from TRO that the CLOSE is a very strong price point.
 
 The Nov 20 close was 752.44
 
 Todays high was 752.63 and was rejected back down under 752.44 to close @ 750.74.
 
 
 
 
 
 
 
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| Eman93 4,750 posts
 msg #73040
 - Ignore Eman93
 modified
 | 3/23/2009 10:40:10 PM 
 Looks like the "all gaps get filled" line is holding true.......we need to get to 826 to fill the 2/17 gap down.
 
 
  
 
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| Eman93 4,750 posts
 msg #73357
 - Ignore Eman93
 modified
 | 4/7/2009 12:32:24 AM 
 Have we reached the top?
 
 
 
  
 
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| johnpaulca 12,036 posts
 msg #73358
 - Ignore johnpaulca
 modified
 | 4/7/2009 12:52:34 AM 
 It is what it is, a downward trend, every rally should be shorted...imho
 
 
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| tomm1111 202 posts
 msg #73381
 - Ignore tomm1111
 | 4/8/2009 2:42:46 AM 
 Eman93,
 
 Nice chart.
 
 
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| Eman93 4,750 posts
 msg #73446
 - Ignore Eman93
 modified
 | 4/9/2009 9:27:38 PM 
 OK we have a break out, all be it on  fake bank earnings and Gov manipulation of the markets, but hell its a run to the 200 day SMA (upper red line). Now my trusty trading book says to go long a above the breakout bar with a stop below the break out bar.
 The bears are running for their lives right now.
 
 Any way the depth of the channel is 207 so 100% would put you to 1043. I am not saying with a straight face tha we will run to 1043 but to the 200 day MA is possable, take profits half way.... I will ball up and put on some swing trades Monday.
 
 Stocks in strong sectors with lots of short intrest should be golden, lets kick some bear ass.....
 
 I think we rip higher in a very excelerated manner as the bears capitulate. I am not waiting for pull back on this one. The bears will cover on every dip.
 
 
  
 
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| Eman93 4,750 posts
 msg #74183
 - Ignore Eman93
 | 5/6/2009 11:37:35 PM 
 Almost time to get short..........
 
 
  
 
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