I found a few key areas in today’s action. Notice the way the market rallied, then retreated, then…
… as you can see, Friday’s tape was pure nonsense. In fact, I’m throwing it out. Well, this is the chop zone (chart). The VIX was spiking up and down everywhere on the hourly, and the market was flashing green and red so many times I’m quite afraid to go driving through an intersection today.
Anyway, hope you all had a great month. It was an advanced tape overall for the month, so if you closed up then you’re doing good. Hopefully this gets easier.
Enjoy the weekend. Hope today’s tape doesn’t make you feel like this…
Laterz!
-gio-
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The most brilliant intra-day technical analysis ever. kudos!
Dude at this point I am only paying attention to the daily bars..
funniest. post. ever….
Haha – nice Gio. Although, I traded alright today: 10000 shares of FAS traded, $55 profit. lol
Great analysis! I would’ve had a great month if I didn’t try and trade while on the other side of the world.
Looking forward to March!
You get me everytime gio. You should have heard my laugh when I saw your etch-a-sketch board.
Awesome TA Gio. Hahahah
This is Ludacris.
I upgraded my Etch-A-Sketch to Vista Premium edition then I got the blue screen of death crash.
As usual, impressive analysis. Thanks again for yesterday’s play-by-play on using $VIX to read $FAS.
Ha, ha! My thoughts, exactly!
my feelings exactly today…just didn’t have your artistic skills. glad its the weekend. need to regroup. have a good one dude
Wow! i thought it was just me. I panicked and set up an appointment with the optometrist and gave up coffee and amphetamines. I can now cancel the appointment and score some more Starbucks. Great chart!
You forgot to sign your initials at the bottom right corner!
Adding this to my book of charts.
What? No volume bars to go with the lines?
Gio, any thoughts on AFAM?
I see a wicked divergence.
Gio,
I know your a basketball fan as I am. I thought you might like this.
http://www.youtube.com/watch?v=OaqAVleIw_Q
Nergo
oops! Wrong video …. I’ll try to find the basketball video I meant to send you. (The video above is an interview of a high school football player just recruited to the Alabama Crimson Tide football team.)
Basketball video:
McElway_basketball.wmv
7037K Download
Your charts look like how I felt on Friday….
!q@*#$&&#^$)!@#*&@!^$&)#@$&!!!!
🙂
Welcome to March everyone!