http://www.market-ha...ntelligence.htm
Here's the chart with the SPX overlaid:
Edited by Rogerdodger, 10 April 2011 - 11:45 AM.
Bull/Bear spread = 2007 TOP
Started by
Rogerdodger
, Apr 10 2011 11:24 AM
2 replies to this topic
#1
Rogerdodger
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Posted 10 April 2011 - 11:24 AM
Laundry also mentions this. I had missed it.
http://www.market-ha...ntelligence.htm
Here's the chart with the SPX overlaid:
http://www.market-ha...ntelligence.htm
Here's the chart with the SPX overlaid:
"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'.
#2
Rogerdodger
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#3
inamosa
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Posted 10 April 2011 - 09:14 PM
I see this as a legitimate short-term concern that could lead to a short, sharp pullback or some choppy action for a couple of weeks - but certainly not worse than November's pullback at worst.
The market looks too healthy right now for anything more than that on the downside.
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
