My three week thesis based on analysis of news, trends and technical indicators:
Oct. 11-14 – Cash gets pumped into the market raising volume and value
– We forget Europe
Oct. 17-21 – Positive Sentiment, IBD announces a “Follow through day” http://forbestadvice.com/Money/Definitions/IBD_FollowThroughDay.html http://www.investors.com/MediaCenter/Default.aspx?mediaId=522661
– Positive earnings raise expectations the ‘bah-bah’s’ line up to participate
Oct. 24 -11 – Light volume on high trending day
————- After that, Red will see what predictions you have come true
I really can’t say with any certainty, but looking at what happened in 2008 I see the same pattern. If you look at the low of 2008 it really only lasted a week or so, I hope there are a few good football games to distract everyone during that time. Regards, SP
Hmmm. Dunno about that yet. Can you google it? And you went short? Wow, thought you were temporarily bullish.
I wish there were some way I could help you Red with your FP’s. Honestly, that feature alone is worth a big price of admission around here. I have found them to be enormously helpful lately.
I think most people will be fooled when we start selling off the week of October 23rd and forget to stop selling off… LOL
My three week thesis based on analysis of news, trends and technical indicators:
Oct. 11-14 – Cash gets pumped into the market raising volume and value
– We forget Europe
Oct. 17-21 – Positive Sentiment, IBD announces a “Follow through day”
http://forbestadvice.com/Money/Definitions/IBD_FollowThroughDay.html
http://www.investors.com/MediaCenter/Default.aspx?mediaId=522661
– Positive earnings raise expectations the ‘bah-bah’s’ line up to participate
Oct. 24 -11 – Light volume on high trending day
————- After that, Red will see what predictions you have come true
I really can’t say with any certainty, but looking at what happened in 2008 I see the same pattern. If you look at the low of 2008 it really only lasted a week or so, I hope there are a few good football games to distract everyone during that time. Regards, SP
Of course it’s mine…
😉
Working on a new video update now. Should be up in about an hour.
open monday
Sent you and email…
😉
Whose fill in artwork is that? Yours Red?
Hmmm. Dunno about that yet. Can you google it? And you went short? Wow, thought you were temporarily bullish.
I wish there were some way I could help you Red with your FP’s. Honestly, that feature alone is worth a big price of admission around here. I have found them to be enormously helpful lately.
Can anybody me if the markets are closed this coming Monday. Us Canadians are having our Thanksgiving day Monday.
Thanks
Russel futures already gapped down after close of after hours trading. Damn scumbag criminals.