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#1 AChartist

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Posted 23 March 2008 - 08:25 AM

As opposed to, a snort, this is the real thing.


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"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#2 AChartist

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Posted 23 March 2008 - 08:36 AM

That chart had the wrong macd


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"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#3 rigelpug

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Posted 23 March 2008 - 09:59 AM

That area would also be a perfect place to short as it would be above resistance. I believe the purpose of a bear market is to flush out speculators, and I think I can faintly hear someone jiggling the handle.

#4 Tim Johnson

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Posted 23 March 2008 - 10:06 AM

That area would also be a perfect place to short as it would be above resistance. I believe the purpose of a bear market is to flush out speculators, and I think I can faintly hear someone jiggling the handle.

Good luck with your short there ripelpug. You are going to need it.

#5 rigelpug

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Posted 23 March 2008 - 10:19 AM

That area would also be a perfect place to short as it would be above resistance. I believe the purpose of a bear market is to flush out speculators, and I think I can faintly hear someone jiggling the handle.

Good luck with your short there ripelpug. You are going to need it.


Thanks for wishing me luck! I suspect it will be the last time I ever short in my lifetime. After that, I am going long great stocks like GOOG.

#6 spielchekr

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Posted 23 March 2008 - 11:55 AM

Comparing notes with another ATH, a rally I can believe. But never shorting again? :lol:
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#7 AChartist

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Posted 23 March 2008 - 02:57 PM

I'm pretty sure it can shorted somewhere sometime but will need some time for development
to find that spot. At least look for three waves up-down-up with 5 waves subdividing in the
2nd leg up, probably late April. Too early to speculate yet but it will be when everything is
real bullish and feels so good to be long.



That area would also be a perfect place to short as it would be above resistance. I believe the purpose of a bear market is to flush out speculators, and I think I can faintly hear someone jiggling the handle.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#8 thespookyone

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Posted 23 March 2008 - 05:18 PM

"Good luck with your short there ripelpug. You are going to need it. " Why?