Thursday, July 9, 2009

07/09/2009 After Bell Quick Summary

I have no idea about tomorrow because all the short-term signals I'm watching are neutral. As mentioned in yesterday’s quick summary, today could be a turn day as it’s the end of a 7 trading day cycle. Since we had an up day today so a turn day could mean that tomorrow would be a down day.

SPY60min

Personally, I’m not a fan of timing cycle so I’d not read too much into this.

8 comments:

  1. Cobra,

    I am not sure how 7 days and 13 days cycle work but certainly Gann Cycles do work and I have see working Trend Change Date as well. There is a trend change date in mid-July - approximately 120 days from March lows (3/6 and 3/9). Thus, I have seen 45 days, 60 days, 90 days, 120 days and so on trend change date working - especially now 16 week cycle is working pretty well.

    Do you have any comments on that?

    Vinod.

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  2. Vinod, thanks, Gann cycle is sometimes amazing, I agree.

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  3. Cobra

    Thanks for all te hard work. I hope you are feeling better today.
    mh

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  4. cobra... would it be at all possible to get the after market recap any sooner?

    really appreciate your work, don't want to seem ungrateful at all

    would like some after-market insight which by 6pm is usually too late.

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  5. ^^ i am the same poster as above,

    dont want to seem ungrateful at all,

    but some intra-day updates or after market updates sooner would be really helpful

    your blog is my favorite stock blog

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  6. Thanks. 6pm might be the earlies I could post because only by that time I could collect all necessary datas about tomorrow.

    As for intraday post, sorry, I couldn't do it right now.

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