The Seven Sentinels:
http://stockcharts.com/c-sc/sc?s=$NYMO&p=D&yr=0&mn=5&dy=0&i=p52861189019&a=199263752&r=500.png
http://stockcharts.com/c-sc/sc?s=$NAMO&p=D&yr=0&mn=5&dy=0&i=p30255520916&a=199263753&r=86.png
http://stockcharts.com/c-sc/sc?s=$BPCOMPQ&p=D&yr=0&mn=4&dy=0&i=p53295338638&a=199263754&r=75.png
http://stockcharts.com/c-sc/sc?s=$NYHL&p=D&yr=0&mn=5&dy=0&i=p82676103556&a=199263755&r=838.png
http://stockcharts.com/c-sc/sc?s=$NAHL&p=D&yr=0&mn=5&dy=0&i=p07169580715&a=199263756&r=65.png
http://stockcharts.com/c-sc/sc?s=$TRIN&p=D&yr=0&mn=6&dy=0&i=p77814297937&a=213688416&r=686.png
http://stockcharts.com/c-sc/sc?s=$TRINQ&p=D&yr=0&mn=6&dy=0&i=p37720384180&a=213688459&r=525.png
...and the second and third confirming indicators:
http://stockcharts.com/c-sc/sc?s=$NYSI&p=D&yr=0&mn=5&dy=0&i=p16783854096&a=203924744&r=744.png
http://stockcharts.com/c-sc/sc?s=$NASI&p=D&yr=0&mn=5&dy=0&i=p11134741339&a=204027927&r=600.png
and a look at RUT:
http://stockcharts.com/c-sc/sc?s=$RUT&p=D&yr=0&mn=5&dy=0&i=p89223609153&a=199263760&r=511.png
Blow Off Dead Ahead
Started by
IYB
, Oct 31 2010 09:54 PM
12 replies to this topic
#11
Posted 21 November 2010 - 05:03 PM
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#12
Posted 21 November 2010 - 05:35 PM
So u think a blowoff is yet to come? I wouldn't disagree as it seems most everyone (institutional investors & hedge funds) has missed the current rally. Chase into year-end highly likely in my opinion.
#13
Posted 21 November 2010 - 06:04 PM
No - I had posted that on Oct 31, and the blow off occurred immediately after that post. I'm just putting my charts here for easy reference...Best Regards, DonSo u think a blowoff is yet to come? I wouldn't disagree as it seems most everyone (institutional investors & hedge funds) has missed the current rally. Chase into year-end highly likely in my opinion.
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds