No worries….you gotta unplug after a long day at the monitor..hehe… My life is nuts and I do not usually get large chunks of time to follow the markets and be on forums. So I have been getting my fill this past week while on vacation
We could have a green day today, but I would see it as a delay of the inevitable. I'm picking the 23rd and 26th as turn dates based on solar and lunar cycles.
The pattern I'm following is essentially Nov/Dec 2007. I think what will be unique about this time is that the market will not put up much of a fight when the MAs converge over the next few days. The will close overhead like water over a rock dropped in a pond. Ker-plunk.
That's how I'm visualizing it. Could be wrong, of course. If I were right all the time I would not have had a big pile of TZA calls for dinner last Friday.
This is not a good vacation!
No worries….you gotta unplug after a long day at the monitor..hehe…
My life is nuts and I do not usually get large chunks of time to follow the markets and be on forums.
So I have been getting my fill this past week while on vacation
sorry I didn't respond to you last night. Your point is well taken.
We could have a green day today, but I would see it as a delay of the inevitable. I'm picking the 23rd and 26th as turn dates based on solar and lunar cycles.
The pattern I'm following is essentially Nov/Dec 2007. I think what will be unique about this time is that the market will not put up much of a fight when the MAs converge over the next few days. The will close overhead like water over a rock dropped in a pond. Ker-plunk.
That's how I'm visualizing it. Could be wrong, of course. If I were right all the time I would not have had a big pile of TZA calls for dinner last Friday.
Morning all…no doubt Jim. When suddenly there's no longer 8000 carrots dangling in front of the would be buyer, he /she loses interest…
Can't seem to crack the 111 level.
Dow jones and 50 DMA
http://niftychartsandpatterns.blogspot.com/2010…
That's a NO-Brainer for us Jim, but you'd be surprise how many idiots there are out there… and most are paid to be on TV!
Home Sales Unexpectedly Dip 2.2 Pct Despite Tax Credits-
Who are the idiots that did not expect this???
I'm OK – based on Serge's chart, the 111 is critical to break through for a ST bear case.
http://www.etf-corner.com/markets/2010/06/spy-s…