JI
jimkane
Rep: 3,058
Posts: 33,089
Third bottom at this level? Normally I'd say 'not a chance!'. Nowadays...
AL
albert
Rep: 99
Posts: 3,094
Wow. This is strange. I thought that rat's SPY chart was so pretty that I would try to duplicate it. It looks like there is a discrepancy between rat's StockChart data & my IB data and my Telechart 2000 data. For example, it looks like the low point on rat's SPY chart for 09/20/12 soon after the open is labelled 144.86, while the 09/20/12 point by my IB and by Telechart 2000 is 145.63. I cannot explain this.???????
Al Kamego
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
Here are the upside levels I am looking at, assuming it can bounce at all, even after five straight down days.
36.00-37.25 (the ABCD area)
40.75-43.75 (best 'center' probably 42.00-43.75)
47.75-49.00
As much as I'm ear to ear grinning all the time now, I'd really like a bounce in here to keep the trend healthy so it has more chance of continuing. But who know, it may be totally done now. I have two levels of potential 'support', here and just below around say 16.50-19.00. It may even try to gun those swing-point stops at 14.50, but any more and it is doing something different, in my view. Fun times!
36.00-37.25 (the ABCD area)
40.75-43.75 (best 'center' probably 42.00-43.75)
47.75-49.00
As much as I'm ear to ear grinning all the time now, I'd really like a bounce in here to keep the trend healthy so it has more chance of continuing. But who know, it may be totally done now. I have two levels of potential 'support', here and just below around say 16.50-19.00. It may even try to gun those swing-point stops at 14.50, but any more and it is doing something different, in my view. Fun times!
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, if I'm dreaming, I'm looking at erasing the 'Dragh Queen' rally and an area around 1400-1405 would do that nicely...
JI
jimkane
Rep: 3,058
Posts: 33,089
'Yeah, we're movin' on up...'
Watch what it does around this 33.50 high.
Watch what it does around this 33.50 high.



