Hi Jim,I closed out GOOG today. ( 434 entry) Now I wished I had raised my stop loss, instead of closing it out. GOOG going higher on earnings. AA, should go higher on earnings too. I imagined AA was up $3.20 or 28% in AH, after they reported. silly imagination.
Hi Anoopsan, I tried leaving comments at your site, but I can't get through all the bells and whistles, you have your comment system set to. Comment ended up lost, and now I can't get my gmail account to open. anyway, I think KO double top 53 is a better short sell signal. Folks will be lifting those defensive stocks, this cycle.
Hi Red! FDO, looks like a long, at its current price. Most retail isn't moving gynourmous, so I'm Taking small profits on FDO, and then repeat the buy at a lower low.
It's the perfect way too fool the most people. Just keep everything predictable for a certain period of time, and then once everyone gets used too it… change the game plan.
As long as the mass media stays bearish, the market could rally higher. I have a FP of DIA 118.16 (about 11,800 Dow), and it could be hit within a few months… if this large H&S Pattern is a huge bear trap?
Of course there will be pull backs along the way, as I expect Monday and Tuesday to sell off some. But, this “could” turn and rally for several months? That would surprise the most people… in my opinion.
Hi zstock7
There seems to be lots of resistance in the 53 area as well you may be right.
I will try to improve my comment system.
BP PLC daily chart analysis
http://niftychartsandpatterns.blogspot.com/2010…
Hi Jim,I closed out GOOG today. ( 434 entry) Now I wished I had raised my stop loss, instead of closing it out. GOOG going higher on earnings.
AA, should go higher on earnings too. I imagined AA was up $3.20 or 28% in AH, after they reported. silly imagination.
Hi Anoopsan,
I tried leaving comments at your site, but I can't get through all the bells and whistles, you have your comment system set to.
Comment ended up lost, and now I can't get my gmail account to open. anyway,
I think KO double top 53 is a better short sell signal. Folks will be lifting those defensive stocks, this cycle.
Hi Red!
FDO, looks like a long, at its current price. Most retail isn't moving gynourmous, so I'm Taking small profits on FDO, and then repeat the buy at a lower low.
5 day forecast, up Mon, Down Tues. doji WED, up Thursday, FRI doji.
Dow Jones analysis after closing bell
http://niftychartsandpatterns.blogspot.com/2010…
AND would lead to an October crash scenario.
It's the perfect way too fool the most people. Just keep everything predictable for a certain period of time, and then once everyone gets used too it… change the game plan.
As long as the mass media stays bearish, the market could rally higher. I have a FP of DIA 118.16 (about 11,800 Dow), and it could be hit within a few months… if this large H&S Pattern is a huge bear trap?
Of course there will be pull backs along the way, as I expect Monday and Tuesday to sell off some. But, this “could” turn and rally for several months? That would surprise the most people… in my opinion.
On the Naz