That pasty taste in your mouth is called anticipation
#1
Posted 11 February 2009 - 07:06 PM
#2
Posted 11 February 2009 - 07:26 PM
We will stay in a range bound, chop chop, sideways market for a year.....I believe the market will reveal itself very soon. To the upside or to the downside.
Can you feel the tension? The market has been inundated with news, hints, volatile price action for weeks now.
Do you feel the same as I do? That it will soon reveal its hand and people will figure out which direction this is gonna go?
I have been playing the range since december. I believe that range is about to end.
#3
Posted 11 February 2009 - 07:35 PM
We will stay in a range bound, chop chop, sideways market for a year.....I believe the market will reveal itself very soon. To the upside or to the downside.
Can you feel the tension? The market has been inundated with news, hints, volatile price action for weeks now.
Do you feel the same as I do? That it will soon reveal its hand and people will figure out which direction this is gonna go?
I have been playing the range since december. I believe that range is about to end.
Yeh...But in a very large range of SPX 725 to 950 where you can make a lot of money! Kinda like INDU 700 to 1000 back in the 19seventies to 1982.
Edited by mogreen, 11 February 2009 - 07:36 PM.
#4
Posted 11 February 2009 - 07:38 PM
http://stockcharts.com/c-sc/sc?s=$NYA50R&p=D&yr=0&mn=9&dy=0&i=t21428649577&r=5317.png
#5
Posted 11 February 2009 - 08:03 PM
A Chart to show my point of view.......
http://stockcharts.com/c-sc/sc?s=$NYA50R&p=D&yr=0&mn=9&dy=0&i=t21428649577&r=5317.png
The +15 area of the MACD in early Jan 09 was a MAJOR MAJOR sell the market. Go back ten years in that chart and u'll see it clearly. I always look at % above 20e,50e and 200e every day on StockCharts. Thanks TraderPaul for excellent insightful comments.
#6
Posted 11 February 2009 - 10:40 PM
I believe the market will reveal itself very soon. To the upside or to the downside.
Can you feel the tension? The market has been inundated with news, hints, volatile price action for weeks now.
Do you feel the same as I do? That it will soon reveal its hand and people will figure out which direction this is gonna go?
I have been playing the range since december. I believe that range is about to end.
M Osc closed @ 0! summation is sideways...yes, a move is a comin!!
#7
Posted 11 February 2009 - 10:57 PM
#8
Posted 12 February 2009 - 09:27 AM










