energy is building as we come to the point of whatever this formation is called...and, yes, it should resolve soon on the fed news. The ST/IT trend is still up, as the internals slowly start to fade. Sentiment also has turned in some polls. My continued guess is we spike up, run stops, and get more on the bull train before a nice pullback. Still long with stops moved way up now.
are you a bull or bear?
Started by
tommyt
, Apr 28 2008 02:06 PM
2 replies to this topic
#2
Sentient Being
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- Traders-Talk User
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Member
Posted 28 April 2008 - 04:40 PM
I tend to be long term bearish. I'll base that on the volatility in the market which points to unsettled, concerned marekts as opposed to happily trending.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#3
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 28 April 2008 - 04:43 PM
Why do I have to choose? I rather play both sides of the street here...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
