Nasdaq
Started by
bln
, Sep 23 2005 09:49 AM
5 replies to this topic
#1
bln
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Posted 23 September 2005 - 09:49 AM
On the train to downtown..
#2
bln
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Posted 23 September 2005 - 09:59 AM
BPI of the majors, bearish hooks everywhere..
#3
bln
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Posted 23 September 2005 - 10:06 AM
The Nasdaq and NYSE summations indices, bearish hooks..
#4
bln
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Posted 23 September 2005 - 10:15 AM
Fresh sell signal on my HiLo meter, bulls better start pumping if they are going to turn this ship..
#5
PorkLoin
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Posted 07 October 2005 - 08:15 AM
bln,
Good stuff, and the "train to downtown" forecast proved to be a good one. There will be short-term bounces, but to really turn that train around is gonna take a load of energy now.
Best,
Doug
#6
bln
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Posted 09 October 2005 - 03:54 PM
Thanks Doug,
I must admit it was really tough at times to keep my head cold and stick to ones belief then the market rallied strong and the bull posts where running rampart in the forum. A 50 point move in the NDX against your position is not peanuts and pretty hard to stomach, it does really makes you question the validity of your analysis and keep emotions at bay. As my daily system never flipped to a buy and the weekly indicators did'nt change I'd better stick to the initial plan until proven wrong. 
