Comments on: Three Recent Bull Traps and Selloffs in SP500

By: Looking Back and Forward on the SP500 Slow Creeper Trend

Looking Back and Forward on the SP500 Slow Creeper Trend — Tue, 09 Mar 2010 12:22:27 +0000

[...] “Recent Bull Traps and Sell-offs in the S&P 500? [...]

By: A Quick Update on the SPY 60min Chart Dec 24 | Penny Stock Trading System Blog

Fri, 25 Dec 2009 15:00:15 +0000

[...] “Recent Bull Traps and Sell-offs in the S&P 500″ [...]

By: A Quick Update on the SPY 60min Chart Dec 24 | Afraid to Trade.com Blog

A Quick Update on the SPY 60min Chart Dec 24 | Afraid to Trade.com Blog — Thu, 24 Dec 2009 22:20:31 +0000

[...] “Recent Bull Traps and Sell-offs in the S&P 500″ [...]

By: Three Recent Bull Traps and Selloffs in SP500 | Afraid to Trade … | Write What

Sat, 05 Dec 2009 12:45:32 +0000

[...] here to read the rest: Three Recent Bull Traps and Selloffs in SP500 | Afraid to Trade … Tagged as: cmt, corey, corey-rosenbloom, energy, facebook, interview, market, new-readers, [...]

By: dumbpainter

dumbpainter — Sat, 05 Dec 2009 07:57:09 +0000

Nice post! Yes, no need to play this market until Jan. imo. Watch the battle.

By: Tahoe

Tahoe — Sat, 05 Dec 2009 05:19:01 +0000

the velocity and amplitude of the movements makes my uncertainty meter bee-bop, and with so much other information that also supports the chaotic schizophrenic mentality of the current market behaviour, I feel like we're sitting on a powder keg. Love your work. Excellent effort and presentation, always valuable and insightful. Thank you for the energy and effort you put into this work.

By: dumbpainter

dumbpainter — Sat, 05 Dec 2009 01:57:09 +0000

Nice post! Yes, no need to play this market until Jan. imo. Watch the battle.

By: Tahoe

Tahoe — Fri, 04 Dec 2009 23:19:01 +0000

the velocity and amplitude of the movements makes my uncertainty meter bee-bop, and with some much other information, I feel like we're sitting on a powder keg. Love your work. Excellent effort and presentation, always valuable and insightful. Thank you for the energy and effort you put into this work.

By: terlyn

terlyn — Fri, 04 Dec 2009 19:40:51 +0000

Thanks for explaining, Dan.

By: Dan de Man

Dan de Man — Fri, 04 Dec 2009 19:28:11 +0000

Hi Terry,

For swing trading and I buy long on a down day, I wait for the last minute of trading because if the market is tanking you don't know how low it is going to go.

Here is an example of a short squeeze for HNU.TO for a few points. The RSI 2 reading was well below 5 and this is a low risk opportunity to squeeze some bears. The risk reward ratio is high because RSI2 reading is < 5. BUT, nothing says you can't lose money, it's all about probability.

http://stockcharts.com/h-sc/ui?s=HNU.TO&p=D&yr=...

Cheers,
Dan