seeking a bottom!
#221
Posted 31 January 2012 - 09:42 AM
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#222
Posted 31 January 2012 - 10:49 AM
#223
Posted 31 January 2012 - 12:01 PM
as stated i have the full moon as some significant turn, i thought that it would be a low, but it could be a high. i just know it will be a turn. the 1st hour candle this am, shows us running into selling. again, keep in mind, that in about a month, we rallied 200+. keep in mind this is an election year, and last i looked the incumbent is running for reelection. i took some off the table on friday near the close. i am in a comfortable position. not interested in buying up here, a pullback will create a different situation for me, then i will be a buyer
dharma
dharma:
I am in "watch mode" as well - due for a corrective sequence here and it will tell a lot about what follows and when! I also watch individual issues closely during correctives to see which ones give back gains and which show relative strength. Did pick-up more Chesapeake on Friday when it finally broke that declining wedge (had to wait a LONG time it seemed, but it was worth the wait!)
http://stockcharts.c...78203&r=383.png
http://stockcharts.c...7682&r=1654.png
http://stockcharts.c...7204&r=6596.png
stubaby
#224
Posted 31 January 2012 - 12:02 PM
johngeorge
#225
Posted 31 January 2012 - 12:10 PM
Edited by dharma, 31 January 2012 - 12:10 PM.
#226
Posted 31 January 2012 - 01:59 PM
#228
Posted 01 February 2012 - 10:17 AM
#229
Posted 01 February 2012 - 02:50 PM
#230
Posted 01 February 2012 - 02:56 PM
the board died?
is it the tr?
indecision?
lack of interest?
dharma
I'm still around, nothing to add. Just holding my position.