Edited by Mr Dev, 31 August 2010 - 03:13 PM.
MARKET THOUGHTS RUT TRADE
Started by
Mr Dev
, Aug 31 2010 03:12 PM
3 replies to this topic
#1
Mr Dev
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Posted 31 August 2010 - 03:12 PM
no change as multiple positive divergences face off against negative price patterns and the slightly oversold trend.
with that being the case my indicators are still point up until they start point down so i need to be patient.
the momo has not signaled that we have entered into the extremely volatile area of negativity so that give me some,.. and yes only some,.. assurance.
however on the negative side the obvious h&s pattern is still looming,..so we are still mixed not having broken down and still diverging with a positive bias ill wait just a bit longer
as i watch for another move up.
trade well
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Lysis
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Posted 31 August 2010 - 06:59 PM
Mr. Dev,
It looks like we're forming a bear pennant. Does this jive with your charting?
#3
Mr Dev
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Posted 01 September 2010 - 08:58 AM
Mr. Dev,
It looks like we're forming a bear pennant. Does this jive with your charting?
no
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#4
Rogerdodger
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Posted 01 September 2010 - 09:27 AM
Looks like we are forming a bear bar-b-que! 
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
