8 replies to this topic

[Mr Dev]

FLipping charts says if you were smart enough to ride-er down..... with it....(WHICH MANY OF US WERE NOT)


time to start your cover AND FLIP....

and get ready to ride-er up with it.

Remember she can be two days early...hmmm isn't that interestin


Shot at 2007-06-26

[ogm]

If this was meant to bounce, it would've bounced today. So far we have trickle down on erroding internals and technicals. And no capitulation to speak off. Quite the opposite. Evberyone is buying for end of quarter, Fed, and what not. And the market keeps falling. Slowly but surely. I want to see a swoon. NYSE finaly chewed through the supporting trendline from previous low. Only took 2 days. Look at brokergae stocks erroding. GS for example. Seems like there are more skeletons about to come out of the closet.

Edited by ogm, 26 June 2007 - 02:49 PM.

[eminimee]

boy ..those red dotted lines worked out well eh...perhaps we still need a "b" of the 5th of C ...and then another low?
http://stockcharts.com/h-sc/ui?s=$SPX...id=p79673869628

Edited by Teaparty, 26 June 2007 - 02:55 PM.

[Mr Dev]

If this was meant to bounce, it would've bounced today

Says U..

[relax]

maybe both of you will be right

down tomorrow after breaking 1.487 and triggering some selling (they might as well trigger that selling before any move up)

thursday and friday up when bernanke delivers some VST-relief

If this was meant to bounce, it would've bounced today

Says U..

[rkd80]

Hey Dev,

Looks like the NAUD gave a buy signal yesterday and it got stronger today? http://stockcharts.com/h-sc/ui?s=$NAU...6&listNum=3

Thats the only chart that seems to be giving a clear buy though...

rkd

[SemiBizz]

Yep, we're going higher... SOXX diverged again today... shades of last week...



http://bigcharts.mar...&mocktick=1.gif

[rkd80]

What is interesting though semi is that the Naz was not outperforming at all today and it concerned a few people. However internally the Naz is the only decent looking index out there, although it's CUM MCO did drop quite a bit. I think historically speaking, it is entering a very favorable seasonal period - I believe its called the Nasdaq 12 day summer rally, or something to that effect.

[Mr Dev]

maybe both of you will be right

down tomorrow after breaking 1.487 and triggering some selling (they might as well trigger that selling before any move up)

thursday and friday up when bernanke delivers some VST-relief

If this was meant to bounce, it would've bounced today

Says U..

He usually comes around to my way of seeing it,......
Never visa versa

Never could figure out why he'd waste his time to argue it the first day I post....and by his positioning

turn around and agree with it the Very Next day.

His cover TODAY while predicting a 1-2 day bounce is now proof of that again.

Edited by Mr Dev, 27 June 2007 - 09:32 AM.