Comments for Trading Stock http://www.tradingstockguide.com Your Guide to the Stock Market Wed, 22 Feb 2012 15:51:15 +0000 hourly 1 http://wordpress.org/?v=3.3 Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by hahgoah http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2611 hahgoah Wed, 22 Feb 2012 15:51:15 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2611 This mkt will go lower with the S&P(1069) going to 980 before a bounce. To add to the bearish sentiment already in place, the S&P and the major indexes all formed a Dark Cloud Cover pattern and now just need a confirmation of a big gap down at the open or a lower close tomorrow. This is a rare and very reliable pattern. In addition, VIX & SDS formed Bullish Piercing Line pattern (opposite of Dark Cloud Cover). Also, the leaders (IYT, QQQQ, IWM) underperformed the followers (DIA , SPY) again! This mkt will go lower with the S&P(1069) going to 980 before a bounce.
To add to the bearish sentiment already in place, the S&P and the major indexes all formed a Dark Cloud Cover pattern and now just need a confirmation of a big gap down at the open or a lower close tomorrow.
This is a rare and very reliable pattern.

In addition, VIX & SDS formed Bullish Piercing Line pattern (opposite of Dark Cloud Cover).

Also, the leaders (IYT, QQQQ, IWM) underperformed the followers (DIA , SPY) again!

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by lilidk6150 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2610 lilidk6150 Wed, 22 Feb 2012 15:07:49 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2610 @hahgoah and TLT  going up @hahgoah and TLT  going up

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by Curiosity1 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2609 Curiosity1 Wed, 22 Feb 2012 14:32:01 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2609 Great advice in the video Great advice in the video

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by hahgoah http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2608 hahgoah Wed, 22 Feb 2012 14:26:29 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2608 @lilidk6150 : I agree with u abt TLT going up (and TBT (opposite of TLT) going down). When TLT moves abv key resistance with vol, it's always followed by big down turn in mkt. Take a look over the past 2months: 1). On May 4th, it gapped and closed abv 200ema with good vol. The result was 110 point drop in S&P in 2days (flash crash). 2). On June 23 it made a new high for the month with vol. The result was an 80point drop in 6days in S&P. 3. Today it closed at 1yr high with highest vol in 3weeks. @lilidk6150 : I agree with u abt TLT going up (and TBT (opposite of TLT) going down).
When TLT moves abv key resistance with vol, it’s always followed by big down turn in mkt.
Take a look over the past 2months:
1). On May 4th, it gapped and closed abv 200ema with good vol. The result was 110 point drop in S&P in 2days (flash crash).
2). On June 23 it made a new high for the month with vol. The result was an 80point drop in 6days in S&P.
3. Today it closed at 1yr high with highest vol in 3weeks.

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by hahgoah http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2607 hahgoah Wed, 22 Feb 2012 13:37:11 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2607 @lilidk6150: (continuation...). TLT(102.03) closed abv resistance at 101.75 made in june and july and is the highest close in over a year. It did it with good vol (not extremely high vol which mean something else). It was also up 1.69% compared to 1.28% on S&P. There are so many points on the TLT chart that showed a big turn in the S&P before they happened. Same exact points can be seen on the TBT which was down 3.27% today. This is a sign of impending doom for the mkt for the next 1-2weeks. @lilidk6150: (continuation…). TLT(102.03) closed abv resistance at 101.75 made in june and july and is the highest close in over a year. It did it with good vol (not extremely high vol which mean something else).
It was also up 1.69% compared to 1.28% on S&P.
There are so many points on the TLT chart that showed a big turn in the S&P before they happened.
Same exact points can be seen on the TBT which was down 3.27% today.
This is a sign of impending doom for the mkt for the next 1-2weeks.

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by hahgoah http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2606 hahgoah Wed, 22 Feb 2012 13:08:20 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2606 @lilidk6150 : Thx for drawing my attention to TLT(and TBT). I don't track them but will start using them now as addition arsenals to help me analyze the market. @lilidk6150 : Thx for drawing my attention to TLT(and TBT). I don’t track them but will start using them now as addition arsenals to help me analyze the market.

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by pkjattsexy http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2605 pkjattsexy Wed, 22 Feb 2012 12:13:48 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2605 d7 yes major move is coming...most probably next week.... d7 yes major move is coming…most probably next week….

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by 3dbeing http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2604 3dbeing Wed, 22 Feb 2012 11:22:28 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2604 it was big wigs who got the HP and BAC news early that sold at the end... this market it about to choke on all the Fed's printed money... it was big wigs who got the HP and BAC news early that sold at the end… this market it about to choke on all the Fed’s printed money…

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by rockhardxrocker http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2603 rockhardxrocker Wed, 22 Feb 2012 10:35:03 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2603 Hey what do you think of HL (mining stock)? The graphs seem to correspond with S and P which I don't like. the metals move inversely with the market, or more specifically the dollar, which represents our markets to some degree, so why does HL look so much like the S and P? Was it because of the credit crunch and the rally in the dollar? Is it just coincidence? Or is HL just a parallel of the S and P? thanks. Hey what do you think of HL (mining stock)?

The graphs seem to correspond with S and P which I don’t like. the metals move inversely with the market, or more specifically the dollar, which represents our markets to some degree, so why does HL look so much like the S and P? Was it because of the credit crunch and the rally in the dollar? Is it just coincidence? Or is HL just a parallel of the S and P? thanks.

]]> Comment on Options and Stock Market Technical Chart Analysis for May 19, 2009 by Idan Koren by u05ikoren http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/comment-page-1/#comment-2602 u05ikoren Wed, 22 Feb 2012 09:47:40 +0000 http://www.tradingstockguide.com/589/options-and-stock-market-technical-chart-analysis-for-may-19-2009-by-idan-koren/#comment-2602 Well when you say metals, it really depends which metals you are talking about. Gold, Silver and Platinum are metals that are used to hedge against market fear and inflation, as they provide a true value to a commodity, however, they are not used for industrial purposes. Well when you say metals, it really depends which metals you are talking about. Gold, Silver and Platinum are metals that are used to hedge against market fear and inflation, as they provide a true value to a commodity, however, they are not used for industrial purposes.

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