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Looking for a top here

Started by Rogerdodger , Dec 31 2008 06:48 PM

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3 replies to this topic

#1 Rogerdodger

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26,991 posts

Posted 31 December 2008 - 06:48 PM

Terry's T Theory was pointing to the first of the year for a top.
Sentimentrader.com had a big jump today.

Maybe some early strength Friday could be profitably shorted.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p51570748413&a=95529637&r=7244.png

Edited by Rogerdodger, 31 December 2008 - 07:03 PM.

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

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#2 Lee48

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1,619 posts

Posted 31 December 2008 - 07:41 PM

Looks good to me Roger. But the rollover for good may not take place till the Jan 20th Obama party.
You'll have to excuse me for the political mention.... And no snobiness implied..

http://stockcharts.com/h-sc/ui?s=$NYM...id=p30095481276

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#3 vitaminm

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6,701 posts

Posted 31 December 2008 - 11:18 PM

spx over extended rsi2 may pullback to rsi3 and below to wards 5dma!

vitaminm

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#4 Rogerdodger

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26,991 posts

Posted 01 January 2009 - 01:45 PM

Looking at these numbers, maybe the sentimentrader jump may only have s/t effect.

AAII:
(as of 12/31/2008)
Bullish: 24.00%
Neutral: 21.33%
Bearish: 54.67%

(as of 12/24/2008)
Bullish: 28.95%
Neutral: 27.19%
Bearish: 43.86%

TSP:
01/02/09
Bullish: 34%
Bearish: 50%

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.

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Looking for a top here

#1 Rogerdodger

#2 Lee48

#3 vitaminm

#4 Rogerdodger

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