Edited by Mr Dev, 19 February 2008 - 03:43 PM.
Big Rally this week ?
Started by
Mr Dev
, Feb 19 2008 03:42 PM
4 replies to this topic
#1
Mr Dev
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Posted 19 February 2008 - 03:42 PM
chances do look good...as good as they have for some time...going long.
best part if you are a straddler you'll know quickly and make some good money.
just be safe it is still a bear market.
.. .. ..
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
Mr Dev
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Posted 19 February 2008 - 04:00 PM
If we can't squeak it out this week ...i hate to say it but maybe into Monday or Tuesday of next.
I hate thinking I need to wait that long but this is how the game is played..
I'm looking specifically at the RUT for my analysis but.....if it does come about a glance at the S&P says ..
maybe the SP can hit that upper trend line area of 1379
.. .. ..
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!
#3
ogm
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Posted 19 February 2008 - 04:08 PM
If we can't squeak it out this week ...i hate to say it but maybe into Monday or Tuesday of next.
I hate thinking I need to wait that long but this is how the game is played..
I'm looking specifically at the RUT for my analysis but.....if it does come about a glance at the S&P says ..
maybe the SP can hit that upper trend line area of 1379
Yes, RUT looks good.
HPQ going to help Nasdaq too.
#4
pdx5
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I want return OF my money more than return ON my money
Posted 19 February 2008 - 09:37 PM
Yes Mr DEV,
a rally will certainly improve the looks of this fugly chart
showing % of NYSE stocks trading over 200 dma.
a rally will certainly improve the looks of this fugly chart
showing % of NYSE stocks trading over 200 dma.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#5
Mr Dev
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Posted 25 February 2008 - 04:57 PM
Well today being Monday we did see an +18.00 point rally and guess what ......for the record......
for the record S&P hit a 1374.36 for a high.....now that's getting close!
S&P although not my forte' may still have a crack at the 1379-ish area if we can test and break todays highs tomorrow
seeing how we closed at 1371.70.... All in all I'm happy with my forecast up until this point and the price action.
I hope someone either stayed away from some serious losses trying to short this thing ,..or better yet made some serious donuts today.
trade well,, and stay tuned.. I'll be giving a few more posts and then taking another break soon..
cheers!
If we can't squeak it out this week ...i hate to say it but maybe into Monday or Tuesday of next.
I hate thinking I need to wait that long but this is how the game is played..
I'm looking specifically at the RUT for my analysis but.....if it does come about a glance at the S&P says ..
maybe the SP can hit that upper trend line area of 1379
for the record S&P hit a 1374.36 for a high.....now that's getting close!
S&P although not my forte' may still have a crack at the 1379-ish area if we can test and break todays highs tomorrow
seeing how we closed at 1371.70.... All in all I'm happy with my forecast up until this point and the price action.
I hope someone either stayed away from some serious losses trying to short this thing ,..or better yet made some serious donuts today.
trade well,, and stay tuned.. I'll be giving a few more posts and then taking another break soon..
cheers!
.. .. ..
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!
