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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll start it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
And if it just dumped from here, well, cool.
RA
rat89
Rep: 0
Posts: 7,015
Time Warner stalled out and I had to switch over to the backup dsl

Originally posted by roofer

jim- yes to internet problems
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, yeah, like that...


Originally posted by jimkane

And if it just dumped from here, well, cool.

JI
jimkane
Rep: 3,058
Posts: 33,089
Glad to hear I wasn't the only one with Internet issues. I couldn't find anything about it when I searched. I thought my comp was freakin'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, I'd be kinda shocked if we didn't follow the 'up Tuesday' pattern tomorrow, after all this selling (but I can always hope we don't). We shall see.
MA
MarcinO
Rep: 67
Posts: 5,506
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RO
roofer
Rep: 3,689
Posts: 3,574
the starting point for this trade was the fib on the first chart... for the entry i wanted price to show its hand with test and retest... i do not know how to answer the question of why i did not reset ml set on new low.. experience and the strength of the fib and stop sweep best i can do... half off at line and looking for top line.... as jim has delineated, jury still out on chop or impulse
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RA
rat89
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Posts: 7,015
the computers are too funny
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RA
rat89
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Posts: 7,015
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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, there's the TL 'break' (and HOD), so now let's see if that's a snap trap, or if it wants my low 90's area as posted last night. Keep in mind, the action starts at around 88.25 or so.
RO
roofer
Rep: 3,689
Posts: 3,574
TLT update from previous... after taking half off on thursday morning as shown, the close on thursday left me with the same quandry we often get using the tools of this forum... price had thrust down, then done an abcd to line.. classic sell signal.. but given that our longer term charts suggest a larger low in bonds, the bullish scenario would have price completing abcd with equal legs with abcd as middle leg... so i marked an equal leg and placed stop twenty cents below... so far so good .. but time will tell...
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