SPY is breaking out.
Started by
Russ
, Dec 31 2008 09:56 PM
5 replies to this topic
#1
Russ
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Posted 31 December 2008 - 09:56 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
U.F.O.
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U.F.O.
Posted 31 December 2008 - 10:27 PM
Lot of signals starting to trip. I think the complacency that ogm keeps talking about is actually that the sleeping masses haven't woken up yet to the fact that an actual rally might be underway.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#3
Russ
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Posted 31 December 2008 - 10:34 PM
Lot of signals starting to trip. I think the complacency that ogm keeps talking about is actually that the sleeping masses haven't woken up yet to the fact that an actual rally might be underway.
U.F.O.
Sure looks like it. Atilla may be about to get his clock cleaned.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
U.F.O.
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U.F.O.
Posted 31 December 2008 - 10:48 PM
Him and all his little Huns.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#5
nimblebear
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Welcome to the Dark Side !
Posted 01 January 2009 - 12:33 AM
Lot of signals starting to trip. I think the complacency that ogm keeps talking about is actually that the sleeping masses haven't woken up yet to the fact that an actual rally might be underway.
U.F.O.
Sure looks like it. Atilla may be about to get his clock cleaned.
i think it has been many times. But he does show he's right a lot on the website.
What's interesting about that chart is that in comparison to 02/03 we haven't seen the triple "bottom" spikes yet. This to me potentially signifies this will be one VERY long DRAWN out affair, with some big sucker rallies, and potentially a Japan like decade long process where the S&P eventualy drops 75% or more from its Oct 07 high.
OTIS.
