| StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game | << 1 ... 7 8 9 10 11 ... 17 >>Post Follow-up |
| karennma 8,057 posts msg #157608 - Ignore karennma |
9/20/2021 7:43:55 PM Cheese 1,196 posts msg #157587 - Ignore Cheese 9/14/2021 1:01:09 PM in the past, when more good research was still freely available, some chart porn suggested that, going into OpEx fridays, markets tended to go up. ============================================================== Not in my book. At least not last week when I gave my initial "warning". What went up were PUT premiums. |
| Cheese 1,374 posts msg #157641 - Ignore Cheese |
9/23/2021 4:04:33 PM If you know what tripped you up this time, please share. I would like to know more about false flags, too. I was lucky to be on the right side this time because some headlines read "Suddenly, everybody worries about market crash", and then I remembered that the markets want to hurt the most people. |
| Mactheriverrat 3,156 posts msg #157642 - Ignore Mactheriverrat modified |
9/23/2021 6:32:49 PM May I add a thought here. ZM is bouncing off support line. Could be a bottom . This could get interesting.  |
| Cheese 1,374 posts msg #157643 - Ignore Cheese |
9/23/2021 6:53:44 PM Good eyes, Mactheriverrat Thank you |
| karennma 8,057 posts msg #157647 - Ignore karennma modified |
9/24/2021 9:56:42 AM Nope. ZM not coming off a bottom. As of today's open, It's already down to $268. Hasn't been that low since Aug 2020. EDIT: Oh! But, no offense. Thanks for the chart. As always -- much appreciated. |
| karennma 8,057 posts msg #157648 - Ignore karennma |
9/24/2021 10:01:47 AM Cheese 1,201 posts msg #157641 - Ignore Cheese 9/23/2021 4:04:33 PM and then I remembered that the markets want to hurt the most people. ===================================== This is not "euphoria". This time is different. People aren't "euphoric" (i.e., mania), they're psychologically paralyzed. They don't know WT* is going on, so they're not watching the rug being pulled from under them. This is sad - - - |
| Mactheriverrat 3,156 posts msg #157649 - Ignore Mactheriverrat |
9/24/2021 10:21:04 AM Well this morning ZM broke below that support line I showed. I said it could as in might be a bottom. It failed. |
| Cheese 1,374 posts msg #157655 - Ignore Cheese |
9/24/2021 4:33:57 PM Both of you are long-time members and experienced traders. On the daily time frame, karennma was right about continuing ZM weakness. Mactheriverrat was right about ZM support taking shape around 267 - 271 levels on shorter time frames. Intraday, the bounce was $4 to $6 up within a matter of a few hours early this morning Sep 24, 2021. Maybe a ZM bottom will form on the daily time frame next week. |
| Cheese 1,374 posts msg #157658 - Ignore Cheese |
9/24/2021 8:11:11 PM In my mind, I've been trying to reconcile karennma's market views and the market's price actions. I remember Dejan as a regular contributor to StageAnalysis.Net Dejan used to post his manual count of Stage 2 stocks among the S&P 500 and used that count as a surrogate measure of market strength. Unfortunately, his posts have stopped at the end of Dec 2020 and StageAnalysis.Net is now a paid service. If Mactheriverrat is still a registered user of StageAnalysis.Net perhaps Mac could tell us the latest market studies by Dejan or isatrader. Thanks. |
| karennma 8,057 posts msg #157659 - Ignore karennma |
9/24/2021 8:25:28 PM @ Mac & Cheese, (no pun intended .. tee hee hee) That's a good idea, Cheese 'cuz as you know, all my bad calls are posted here and this might be one of them. 😈 (and yes, I see ZM made a small bounce off of 269.) |
| StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game | << 1 ... 7 8 9 10 11 ... 17 >>Post Follow-up |