I thought the market was supposed to be 6 mos ahead?
#1
Posted 08 May 2007 - 12:43 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
Posted 08 May 2007 - 01:28 PM
#3
Posted 08 May 2007 - 01:31 PM
You gotta hand it to that FED. What a great job. Those guys are soo smart.The market is saying folks are all worried for nothing. Peace is about to break out. A universal cure for cancer will be announced, the Sheites and Sunnis will embrace and kiss, and that a 60 Gz (Gazillion) bbl oil field has just been found under Kansas...unemployment is going to zero, gold is going to $300, and the Dollar Index is going to 150... I tell ya... it's all BOOOOLISH.
#4
Posted 08 May 2007 - 01:37 PM
us seem dissilusioned about somthin......snort
this illusion, Dat illusion... it don't matter to me, I just trade this trash. No worries mate...
Edited by SemiBizz, 08 May 2007 - 01:40 PM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
Posted 08 May 2007 - 01:41 PM
I thought the market was supposed to be 6 mos ahead?, The technicals say we are about to explode, like China
What technicals?
"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/
#6
Posted 08 May 2007 - 01:57 PM
I thought the market was supposed to be 6 mos ahead?, The technicals say we are about to explode, like China
What technicals?
http://bigcharts.mar...&mocktick=1.gif
NASDAQ WEEKLY LONG ABC UP
A - 2012.
..........................519 points
B - 2531
...........................200 points (.382)
C - 2331
...........................519 points
D - 2850 (target)
You can see the long climb to the high, and then a 3 week correction approximating .382(clearly corrective). The high volume weekly low now acts as support. (2359),
(Also posted in my blog)
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics