S&P moment of truth...either 1168 holds and we go up or landslide...I see accumulation here

[masmdu]

not advice

[flamingdem]

1. Yes. I'm usually an optimist, not today!

Look out beloooowww

[orwell]

2. Impossible to "see accumulation"...

...without analyzing tick by tick money flow.

[masmdu]

3. Like smoke from a chimney idicates a fire...

all the churning at the 1170 area is indicative of massive accumulations

[orwell]

5. Whatever...

...I helped design stock market money flow models 27 years ago. I'll stick with my statement.

Money flow analysis (or the recognition of accumulation/distribution as you describe it) requires very specific data modeling.

Many traders are "right" for the wrong reasons. This leads to a lot of heuristic theory which tends to dominate simplistic modeling. It is right until it is wrong. It is right until the crowd suddenly seizes on the latest "new reality".

If you've got money on the line, good luck! I hope the market trades in your direction regardless of the reason. But you need to be careful when you disseminate trading information on a public forum. Real people can lose real money by taking simplistic advice no matter how well intentioned. Most people do not understand proper risk management. That is what got us in this mess in the first place.

Good luck on your trading! :hi:

[masmdu]

8. Good points! I shouldn't show boat here.

Good Luck to you.

[orwell]

9. Thanks! n/t

[gopbuster]

4. Short term maybe...longer term I doubt it

You can see from this chart (10 yrs) that MACD is still negative and the trend lines to the downside show we still have not put in a hard bottom yet (like hanging on a cliff)

Still way too much uncertainty

probably need your java

http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=spx&time=12&freq=2

[gopbuster]

6. Look at the period between 00 & 03 on the ten year

those are hard bottoms

http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=spx&time=12&freq=2

How do I do a screen capture and post it here with my trendlines on the interactive chart? anyone know?

[dysfunctional press]

7. 1163....going down?

:shrug: