5 replies to this topic

[greenie]

if junk stocks are any indication. [P. S. every day, I track many stocks, which are lagging their corresponding sector. The idea is those risky stocks get unloaded before the bigger indices are taken care of. For example, in the housing sector, Bizarre homes (BZH) is one such case. ]

[jawndissedi]

if junk stocks are any indication.


[P. S. every day, I track many stocks, which are lagging their corresponding sector. The idea is those risky stocks get unloaded before the bigger indices are taken care of. For example, in the housing sector, Bizarre homes (BZH) is one such case. ]

Junk stocks are my favorites -- just added more TWM < 70.

Looking for NEW to get de-listed by sundown.

Edited by jawndissedi, 09 March 2007 - 10:12 AM.

[greenie]

Looking for NEW to get de-listed by sundown.

I was about to post exactly the same thing. NEW is dead.

[SemiBizz]

Just keep your eye on Gold Greenie.. (GLD Breaks Yesterday's Low on VOLUME... VOLUME OFF THE TOP INTRADAY) And this $/Yen A 122 B 114 C 118 D 110 We're over 118 today, I"m watching that like a hawk for a move under that now. After all employment is a LAGGING indicator. This $/yen is what this little exercise is all about here..

Edited by SemiBizz, 09 March 2007 - 11:26 AM.

[SemiBizz]

See how this works? It's all quant and computer driven. I've shown you more than enough evidence of that. The game is on. Today's action leaves you with a distinctly MIXED signal, and that's just the way they like it. BEARISH: Failed to test .382 Nas Failed to test 1411 SPX pivot BULLISH: Failed to test 2382 low New HIGH ON VOLUME Add it up, it spells Distribution with Capital D. Bottom line, don't make a move until they give the signal. This doesn't take a PhD (Although I know you have one). If we test over 1411 SPX and hold it 1424 will come. that pulls it into bullish column.. If we test 2382 on volume that goes to bearish. Right here, I am ALL CASH. That's my 2 cts.

Edited by SemiBizz, 09 March 2007 - 11:48 AM.

[greenie]

Thanks !! ... am keeping an watch on it myself