LOLC - Something smell?

dcwal · 1 LOLC - Something smell? Wed Oct 03, 2012 10:05 am

dcwal

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DID ANYONE NOTICE?
HUGE COLLECTING @ 50.50
EVERY TIME SOMEONE PUT 100,000 QTY @ 50.50
who collect?

sahan8896 · 2 Re: LOLC - Something smell? Wed Oct 03, 2012 10:12 am

sahan8896

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there have been a crossing.

dcwal · 3 Re: LOLC - Something smell? Wed Oct 03, 2012 10:18 am

dcwal

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if it is crossing
why they put 100,000 qtys????

Backstage · 4 Re: LOLC - Something smell? Wed Oct 03, 2012 10:27 am

Backstage

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Apparently SLIC selling stake.

smallville · 5 Re: LOLC - Something smell? Wed Oct 03, 2012 10:38 am

smallville

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I dont see any LOLC crossings reported in DFN.. But looking at the chart I smell its kinda sell-off @ 50 levels..

LOLC - Something smell? Lolc10

I'll use ADX indicator to explain above chart the way my thinking is based..

Regardless of the absolute level of ADX, if it is sloping upward the market is increasing its trendiness and if the ADX is declining the market is losing trendiness.

When the ADX is above 35 and it is higher than either the Plus DI or the Minus DI then extreme caution is in order because many important trend reversals occur at these extremes.

For LOLC ADX went above 50 (the extreme area and the line started moving down-wards..
Now the direction of the line is important - A climbing line says the strength is high in either direction (if goin up it means the strength is bias towards goin up and vice versa)

When the ADX is above both the Plus DI and the Minus DI try using a very sensitive indicator (such as the Parabolic SAR) to quickly signal a possible change in the primary direction.

And you can see the SAR line (dotted ash color line) has moved upside the security candles which means its turning down..

On top of all these, RSI and MACD showed the downward movement as well..