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Here is how I count. On 5 mins chart, count the volume of red bars and green bars. Also you can see clearly that the red bars have much big volume than green bars. It will take some time to bring bulls down. Still in consolidation phase

it.uncle(路遥)

but Bears have upper hand now.

(#62616@43)
Last Updated: 2008-12-11

SPX Support / Resistance for Dec 11, 2008 918~920 2nd resistance, 904~906 1st resistance. 886~888 1st support, 870~872 2nd support. It says that gold hides in silence. -it.uncle(路遥); 2008-12-11 (#62430@43)

How could you trade in such narrow range? -hbf(EnjoySummer); 2008-12-11 (#62438@43)

I made a little this morning and enough to cover the loss I had yesterday. -it.uncle(路遥); 2008-12-11 (#62484@43)

BTW 路遥 sounds better than 小路. Anyways YNYD :=) -hbf(EnjoySummer); 2008-12-11 (#62439@43)
谢谢提供 -jim366(金); 2008-12-11 (#62442@43)
路遥 : if i want to get some H*D today, should I get HXD or HSD? Thanks. -hbf(EnjoySummer); 2008-12-11 (#62454@43)

I think the market has not found its direction yet. SPX could go up or down 100 points from here. TSX has been beaten down for a while so the profit room is less that HSD/HSU. Play defensively and make small bet each time -it.uncle(路遥); 2008-12-11 (#62461@43)

thx -hbf(EnjoySummer); 2008-12-11 (#62464@43)
路遥大侠给我们新人推荐借个DT的股吧。现在看的是云里雾里，不知道怎么是好。特地休息两天，不能什么也不玩，要求不高。赚个手续费，过过手瘾。先谢过了。不过能挣钱更好！！！ -newcomer1981(好学的新手); 2008-12-11 (#62466@43)

This is a very uncertain market. Even skillful traders could be caught. So better rest for a while .That been said, it is better be a judge than a fighter for now. -it.uncle(路遥); 2008-12-11 (#62483@43)

Don't want to mislead you but the bulls have a very solid support at 886(today's bad news didn't break the 1st support). Seems the main players are determined to bring this rally to a new high. So be careful. It is not time for bear-pile-in yet. -it.uncle(路遥); 2008-12-11 (#62473@43)
The time for you to make a big bear bet is when you see VIX jumps higher. But right now, it is new lower low all the time. So bears are still waiting. Bulls are still dominating the market. Watch out VIX all the time. -it.uncle(路遥); 2008-12-11 (#62474@43)

Thanks! I did not trade yesterday. Maybe will not trade today too. -hbf(EnjoySummer); 2008-12-11 (#62477@43)

Yes. Better to wait. The time is running out for Bulls. It is lossing strength. But nobody knows if Bulls will make a final attack(I wish I do -:). Right now the oil/gold are shooting up. This gives Bulls some support. -it.uncle(路遥); 2008-12-11 (#62480@43)

路遥, do you have hou.to? what do you think of it ? thanks -jenny1(mouse); 2008-12-11 (#62516@43)

No. I do not have it. Short term, Oil is having a decent rebounce. Middle term ( 2 ~3 months) will still go down. I do not see any new trend yet but this could lead to form a new trend in the coming month(bottom is coming) -it.uncle(路遥); 2008-12-11 (#62525@43)

Not either. Market is seeking direction now. -it.uncle(路遥); 2008-12-11 (#62546@43)

Fundementals like that but opec doesn't -lancome08(迷茫与狂躁); 2008-12-11 (#62554@43)

This rally is a show to OPEC. If it is on 50, OPEC has less reason to cut more production( anyway they will do but cut could be a reasonable amount). After the OPEC meeting, oil will go down as it should. OPEC has never successfully -it.uncle(路遥); 2008-12-11 {60} (#62556@43)
controled the oil price. It is controled by US oil families.

Sounds very reasonable! Do agree! Thus, this show will last till Dec. 17? 嘿嘿 -lancome08(迷茫与狂躁); 2008-12-11 (#62557@43)
最近的原油价格好象和BIG 3有配合似的. -gaomaidimai(高买低卖); 2008-12-11 (#62561@43)

不对吧. 连BIG 3 自己的股票在通过14B 后都下跌, 怎么是对石油的利好. 我只是觉得在BAILOUT前要把油价砸下去. 在OPEC决定减产前再把油价提到50左右. 其实是在帮助美国的BIG 3. -gaomaidimai(高买低卖); 2008-12-11 (#62566@43)

今天这个range预测得很准呀. HSD简直不跟SPX, 跳上跳下地, 最高都到862的价格了. 我设价在870, 严重偏低, $32.31就出去了, SPX才在875 -2yue(二月莺飞); 2008-12-11 (#62604@43)

I think it is time to slowly buy HSD.TO/SDS now. The market has made the decision today. There is a weakness in Bull. Bears just started piling in. -it.uncle(路遥); 2008-12-11 (#62609@43)

Here is how I count. On 5 mins chart, count the volume of red bars and green bars. Also you can see clearly that the red bars have much big volume than green bars. It will take some time to bring bulls down. Still in consolidation phase -it.uncle(路遥); 2008-12-11 {30} (#62616@43)
but Bears have upper hand now.
I will buy more HSD when the market goes up for consolidation(but this time, the consolidation is for down trend). -it.uncle(路遥); 2008-12-11 (#62623@43)