Buying opportunity of the year
#1
Posted 29 March 2007 - 02:29 PM
#2
Posted 29 March 2007 - 02:30 PM
Today is a buying opportunity of this year. We had a correction, a double bottom, 2 90-10 up days, worked off overbought conditions, SMH tested the bottom of it's 8-month range, crude is overbought, huge wall of worry (Iran, sub prime, inflation... bla bla bla things are bad). Short-term, intermediate-term, and longer-term. Just buy.
Denleo
amen
#3
Posted 29 March 2007 - 02:37 PM
Today is a buying opportunity of this year. We had a correction, a double bottom, 2 90-10 up days, worked off overbought conditions, SMH tested the bottom of it's 8-month range, crude is overbought, huge wall of worry (Iran, sub prime, inflation... bla bla bla things are bad). Short-term, intermediate-term, and longer-term. Just buy.
Denleo
Hi Denleo
The current level supports based on"BREAKOUT RETEST" scenario which I commented suggest "Filling the run-away gap" and "Making new highs".
We know about the recent development which I noted ... i.e. iran, oil, subprime, etc are the factors of "WORRY".
Good luck
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http://www.stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=15&i=p73797548221&a=79285156&r=517.png
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http://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=W&yr=4&mn=3&dy=0&i=p53935525265&a=77295648&r=218.png
#4
Posted 29 March 2007 - 02:59 PM
(Iran, sub prime, inflation... bla bla bla things are bad). Short-term, intermediate-term, and longer-term.
Denleo
Heck, that's something even a average-yahoo-message-board-bear knows about.
#5
Posted 29 March 2007 - 03:15 PM
#6
Posted 29 March 2007 - 03:18 PM
#7
Posted 29 March 2007 - 03:25 PM
#8
Posted 30 March 2007 - 02:43 PM
Edited by Mr Dev, 30 March 2007 - 02:43 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!