SuddenDeath
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seems like someone got caught on the down move and needed to off load positions to some suckers.
or it might be their very own "flash crash"
SuddenDeath
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just watching cnbc, they talking about the price of modern day sex slaves, and the price is very low indicating over supply !
Dick Lexic
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new low...could be todays low
SuddenDeath
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dow cash close = FTSE 6462
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Dick Lexic
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i think the dow is long over 124 ...s&p 1666 (devil numbers) eek
SuddenDeath
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is that cash sp500? we going to get a very poor weekly close unless they can rally dow 300pts or so. june low to aug high 50% retracement for dow is 15,108
DC_2000 used to find levels using weekly dow closes, think i am going to check if we near any levels, weekly closes gives us 61.8 at 15,127
MrTopStep Mid-Morning Update 08.16.2013 - YouTube
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Dick Lexic
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ftse bulls will want 540/50 if they are still about ...US close
if not looks like the slippery slope to me at the mo....all cash
if not looks like the slippery slope to me at the mo....all cash
SuddenDeath
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who would want to buy a weak weekly close.? pro's show their hand in last 60/30mins of cash trading, before then just cat and mouse
might leave some orders at 15,127
SuddenDeath
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mrtopstep's technician
The key price level comes from the 55-day simple moving average at 1647 against the previous highs/breakout levels from July. Once this line is breached then we can move out into longer time frames in search of a likely low. To put it simply, 1647 will be the gateway to a downhill path that may rule the rest of the year.
Significant price levels in Fall S&P correction - MrTopStep.com
The key price level comes from the 55-day simple moving average at 1647 against the previous highs/breakout levels from July. Once this line is breached then we can move out into longer time frames in search of a likely low. To put it simply, 1647 will be the gateway to a downhill path that may rule the rest of the year.
Significant price levels in Fall S&P correction - MrTopStep.com
Dick Lexic
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side ways til year end
dick lexic's technician 🙂
dick lexic's technician 🙂
SuddenDeath
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no sept/oct plunge setting up rally mid nov?
Dick Lexic
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well it could be a big side way channel 1400/current high for the dow so plenty room for the plunge🙂
P
postman
I don't know if it makes you want to change your mind but I agree with you. 😆
I think the FOMC will balance the effects of the US economy with the taper. Net effect sideways moves (albeit in a wide range or triangle) until the end of the year.
As for today - you gotta be testing 15,000 again.
P
postman
OK - now I'm worried. Dick you replied to my post http://www.trade2win.com/boards/foyer-social/27425-what-you-listening-now-219.html At exactly the same time I replied to your post. 6.13. Whose stalking who ?
Dick Lexic
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P
postman
Here it comes....
Dick Lexic
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ok postie lets meet half way ....15124 - 15000 mid is 15062 ...winner has to listen to your crap music😆
P
postman
Hey over 25 Million people watched just that one version of the song and just on Youtube its a classic of its genre.
This is number 3 on my favorites list - it might appeal more...
Ride A White Swan : T.Rex - YouTube 👍
Dick Lexic
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always liked marc bolan shame he died so young....his band seemed to be a bit of a miss fit at the time if remember right
