johnpaulca 12,036 posts msg #65053 - Ignore johnpaulca |
7/16/2008 5:00:02 PM
Folks...it looks to me like a buy signal. Confirmation is, if we open and close above Small-B.
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alf44 2,025 posts msg #65069 - Ignore alf44 modified |
7/16/2008 11:00:43 PM
...sorry, "johnpaul"...
...I ain't buyin' it !!!
Call it an "oversold bounce"...
Call it a "short squeeze" ...
But ... whatever you call it...CALL IT BULLSH_T !!!
We ain't seen the "BOTTOM" !!!
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We are being given an opp to re-load SHORTS !!! imo
Regards,
alf44
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marine2 963 posts msg #65071 - Ignore marine2 |
7/16/2008 11:31:28 PM
Alf, there goes our optimism lol
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johnpaulca 12,036 posts msg #65072 - Ignore johnpaulca |
7/16/2008 11:35:51 PM
Guess we wait and see.
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alf44 2,025 posts msg #65074 - Ignore alf44 modified |
7/16/2008 11:57:44 PM
...indeed...
...we WILL have to "wait and see"...
...AND...
...we may "indeed" see some upside in here...god knows...the DOWNSIDE has been practically parabolic...we're "due for a bounce" !!!
BUT...a nice "countertrend bounce" is ALL this will turn out to be !!! imho
THE TREND IS DOWN !!!
Trade accordingly !!!
Regards,
alf44
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johnpaulca 12,036 posts msg #65105 - Ignore johnpaulca |
7/17/2008 9:35:08 AM
Well, we open above the BBand(13) which I suspect would happen, now we have to close above it for a confirm buy...IMHO.
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johnpaulca 12,036 posts msg #65123 - Ignore johnpaulca |
7/17/2008 4:14:30 PM
Well folks we closed above my BB(13)...buy signal. I am net long while having a toe in TWM.
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chetron 2,817 posts msg #65132 - Ignore chetron |
7/17/2008 9:33:40 PM
ALL THE WAY TO 12580!
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johnpaulca 12,036 posts msg #65138 - Ignore johnpaulca |
7/17/2008 10:37:07 PM
Chet...wouldn't that be sweet.
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alf44 2,025 posts msg #65140 - Ignore alf44 |
7/17/2008 10:39:52 PM
THE TREND IS DOWN !!!
Trade accordingly !!!
Regards,
alf44
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