Request for OPINION Please
#1
Posted 04 March 2009 - 02:06 AM
You can't be a beacon if your light don't shine !
#2
Posted 04 March 2009 - 02:41 AM
go to AChartist's recent post which shows that yesterday's low touched the uptrend line off of the 1982, 1984 and 1987 lows (if i read it correctly). i won't bore you with my usual bull rant; i think that chart speaks for itself.
i cannot imagine a more plain vanilla t/a reason. here's the link (i hope! i am on moderation, as i should be, and cannot edit):
http://www.traders-t...howtopic=102510
#3
Posted 04 March 2009 - 07:38 AM
http://www.traders-t...howtopic=102603
btw, GE nearly tested last night in ah, the GE 1994 Weekly CLOSE low of $6.40
#4
Posted 04 March 2009 - 07:52 AM
Hi sjj,
Go to SWING WAVES BOARD you will find 7 post on market out looks.
Read the following posts, many charts update.
1) daily chart for several market averages since 1995
2) NEW WEEKLY TARGETS
3) Crude Oil Hurst Cycles
4) SPX & VXO RELATIONSHIP
5) SPX - 5 CHARTS TO WATCH
6) IT & LT TREND Charts -UPDATED
7) McClellan
Best to you,
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#5
Posted 04 March 2009 - 08:31 AM
Looking for some guess work from folks with different perspectives. In what kind of time horizon do you "best guess" the market will present itself as a good entry point on the long side for the long term investor who is predominately out of the market at the moment. If you have an thoughts on where the S&P may be at that time, that would be appreciated also.
I completely realize that this stuff is guess work and an opinion today may change tomorrow. Just looking for some longer term forecasts from folks with different perspectives. Many thanks in advance.
First decent shot at a long term investor type investment will not occur until spring/summer of 2010. Price has to be at least at the 36 year moving average in the mid 500s and even better another 100 points below it.
Best,
Larry
#6
Posted 04 March 2009 - 08:33 AM










