Looks like we may be nearing some overhead ressistance at previous highs. All indexes have not reached this point, so it will be interesting to see how the NYA reacts at this point.
NYA
Started by
Long/Short Funds
, Apr 09 2007 05:51 PM
6 replies to this topic
#1
Posted 09 April 2007 - 05:51 PM
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#2
Posted 10 April 2007 - 03:18 PM
So far so good,,,,, higher interday high, and higher closing high... Now lets see if the other Indexes follow? All the best trading to everyone
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#3
Posted 12 April 2007 - 03:29 PM
Yesterday saw a little profit taking after 6 straight days up which was to be expected. Today the NYA bounced right back and ended the day at a new closing high. The uptrend is still intact and price still nicely above the moving averages and the trendline...
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#4
Posted 15 April 2007 - 06:09 AM
Looks like the market liked the PPI/CPI with prices continuing to move higher. The NYA closed the week out with new all time highs and closing highs. Price is staying nicely above the moving averages and the trendline and still looking pretty good at present.......Past history shows next week as a seasonally strong week,,,,lets see how it goes...
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#5
Posted 16 April 2007 - 02:41 PM
Updated Charts.
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.
#6
Posted 17 April 2007 - 09:24 AM
Nice charts Long-Short. Thanks for posting them.
Charles
#7
Posted 28 April 2007 - 06:01 AM
Another pretty good week
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.