Posted by: tyrannyoflogic September 22, 2011
What are you buying in this market meltdown
Login in to Rate this Post:     0       ?        
It was like watching a movie or something...to see that SPX break 1120 twice , but then it pushed up ...finally , so I am thinking we have support there....but who knows really...its the freaking stock market...

Let me pump NFLX  some more against everyone else's opinion here ....


NFLX closed green on a day like today....and the pump articles are popping up everywhere....Its not going back to where it was but I believe it will have some upside...BULLISH HAMMER candle today...and the buy volume today...It tested 125 bottom twice already...the shorts could not push it down on a day like today....they aint pushing it down if the market rallies( the longer the wick of the candle the better the pop....)

@ NepAM  GS has a similar candle with a longass wick .....might have some upside in coming days

@OBAMA  until and unless some really bad news comes out the bear flag might not play out after all....cuz it kept support and my opinion...people have lowered their stops...cuz when that 1120 hit it should have set off a lot of stops straight down to 1100...but the whole thing played out slow imo

Just my opinions ...dont bet on it



Read Full Discussion Thread for this article