Housing
Started by
selecto
, Mar 30 2007 04:02 PM
4 replies to this topic
#1
Posted 30 March 2007 - 04:02 PM
#2
Posted 31 March 2007 - 08:01 AM
Thanks for charts.
M
#3
Posted 01 April 2007 - 10:34 AM
Your long term HGX chart is not draw correctly, there is a lower low in 2002 not seen on your chart,initial support on the correct line is at 205.
"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
Posted 01 April 2007 - 05:41 PM
The trendline was taken of the two most recent reaction lows, not that it matters in this case.
Edited by selecto, 01 April 2007 - 05:43 PM.
#5
Posted 01 April 2007 - 06:53 PM
Not sure if you saw my earlier post on this but this is my interpretation with a proprietary oscillator showing when it will bottom. This is an older chart but the index has now broken sharply below the short red line.
"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/