So far looks like the mkt does'nt think the UK/Iran issue is a big deal, so the
crash gap above should now get filled in sometime this week. Of course how it
gets filled is upto el diablo mkt, gap over the gap ?? and then new high??
crash gap fill
Started by
S.I.M.O.N.
, Mar 26 2007 11:51 AM
6 replies to this topic
#1
S.I.M.O.N.
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SIMONForecast
Posted 26 March 2007 - 11:51 AM
*previously known as pnfwave
#2
Russ
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Posted 26 March 2007 - 11:56 AM
Bear flag is happening now, more lows to come.
"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/
#3
S.I.M.O.N.
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- Traders-Talk User
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SIMONForecast
Posted 26 March 2007 - 12:34 PM
yes, i see the bear flag, but i also know these things break "up" instead of down half the time.Bear flag is happening now, more lows to come.
*previously known as pnfwave
#4
.Blizzard
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Posted 26 March 2007 - 12:38 PM
So far looks like the mkt does'nt think the UK/Iran issue is a big deal, so the
crash gap above should now get filled in sometime this week. Of course how it
gets filled is upto el diablo mkt, gap over the gap ?? and then new high??
The big deal isn't the UK/IRAN issue.... but today data on new home sales
The question is: How much a liar a you BEN?
#5
S.I.M.O.N.
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- Traders-Talk User
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SIMONForecast
Posted 26 March 2007 - 12:43 PM
So far looks like the mkt does'nt think the UK/Iran issue is a big deal, so the
crash gap above should now get filled in sometime this week. Of course how it
gets filled is upto el diablo mkt, gap over the gap ?? and then new high??
The big deal isn't the UK/IRAN issue.... but today data on new home sales
The question is: How much a liar a you BEN?
My "uniformed" mind cannot grasp the connection between a housing crash and a stock market crash,
Did the stock market "crash" of 2000-2002 affect housing?
So i'll leave this issue to the
"Subprime" geniuses(pun intended)
*previously known as pnfwave
#6
briarberry
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- Traders-Talk User
- 214 posts
Member
Posted 26 March 2007 - 03:53 PM
Did the stock market "crash" of 2000-2002 affect housing?
yes it made the Fed lower rates
it's not impossible for seemingly unrelated markets to go up and down together
in Japan in the 1990's both the stock market & housing entered a bear market at the same time
since 2003 in the USA, the stock market, housing, gold, & oil have all been in a bull market together
#7
n83
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- Traders-Talk User
- 1,086 posts
Member
Posted 26 March 2007 - 07:05 PM
So far looks like the mkt does'nt think the UK/Iran issue is a big deal, so the
crash gap above should now get filled in sometime this week. Of course how it
gets filled is upto el diablo mkt, gap over the gap ?? and then new high??
The big deal isn't the UK/IRAN issue.... but today data on new home sales
The question is: How much a liar a you BEN?
My "uniformed" mind cannot grasp the connection between a housing crash and a stock market crash,
Did the stock market "crash" of 2000-2002 affect housing?
So i'll leave this issue to the
"Subprime" geniuses(pun intended)
still smarting from the "uninformed" remark-g
get over with it..if you are a real trader, you will and should
