Eman93 4,750 posts msg #108253 - Ignore Eman93 |
10/2/2012 3:59:19 PM
JP dolla looking stronger though... on the weeklys the uptrend is losing mo mo..
Nice trade btw... I had TZA this am from 14.44 to gap fill at 14.80..
IWM sell the 20 day and buy at 83 thats been the range... choppy
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johnpaulca 12,036 posts msg #108255 - Ignore johnpaulca |
10/2/2012 4:35:58 PM
thanks Eman....CMCSA looks ready to continue the uptrend...maybe good for another $1.
The slow grind on the dolla is to get it overbought without going anywhere then bam!!! market goes higher.
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johnpaulca 12,036 posts msg #108256 - Ignore johnpaulca |
10/2/2012 8:37:19 PM
went long TWM and SH at the close see what happens tomorrow.
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johnpaulca 12,036 posts msg #108258 - Ignore johnpaulca |
10/2/2012 8:51:15 PM
noticed healthcare stocks this afternoon running wild, maybe they know something we don't know.
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Eman93 4,750 posts msg #108259 - Ignore Eman93 |
10/2/2012 10:15:16 PM
That health care has been on fire... XLV
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Eman93 4,750 posts msg #108260 - Ignore Eman93 |
10/2/2012 10:17:36 PM
another perspective...... divergance on the sto.. hinting at a break of the down trend line resistance at the old lower channel line

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Eman93 4,750 posts msg #108261 - Ignore Eman93 |
10/2/2012 10:43:36 PM
Just looking at it now, $ tagged the upper (downward) channel line.... see what happens. gld not budging much on the dolla bounce
perfect set up would be dollar runs to test the old lower channel line near the 50day and GLD pulls back to the 20day.
Bad earnings could trump any downward move in the dollar and you could see selling anyway as every one runs for TLT and GLD or any comod... XLV and XLU sectors safe havens for big money.. pay dividends

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Eman93 4,750 posts msg #108262 - Ignore Eman93 |
10/2/2012 10:46:36 PM
As you can see the 20(blue) and 50day(red) are below the 200day (gold).. death cross for dolla
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johnpaulca 12,036 posts msg #108263 - Ignore johnpaulca |
10/2/2012 11:42:10 PM
Dolla kissing weekly lower BB40 with ema100 right beneath makes for an interesting call, ema100 much tougher to break so I will go with a higher dolla.
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Eman93 4,750 posts msg #108264 - Ignore Eman93 |
10/3/2012 12:42:07 AM
Yep looking that way.. buy support and sell resistance... seems easy...LOL
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