Semis hit a 10 Friday
Started by
Rogerdodger
, Jul 08 2007 11:54 AM
4 replies to this topic
#1
Rogerdodger
-
- TT Member*
-
- 26,878 posts
Member
#3
ChickenLittle
-
- Traders-Talk User
- 137 posts
Member
Posted 08 July 2007 - 12:19 PM
Notice on the right side that ALL are in the accumulation mode, 1 day and 5 day. Seems like there is a lot of bullishness to clean up.
History always repeats . . . only the details change.
#4
traderpaul
-
- Traders-Talk User
- 6,034 posts
Member
Posted 08 July 2007 - 12:35 PM
Roger, Can one fade them?.....I don't follow them.....If everything looks soo bad the bottom is close at hand and when everything looks so good, can the t*p (can't use that word) close by?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#5
Rogerdodger
-
- TT Member*
-
- 26,878 posts
Member
Posted 08 July 2007 - 02:26 PM
Roger, Can one fade them?.....I don't follow them.....If everything looks soo bad the bottom is close at hand and when everything looks so good, can the t*p (can't use that word) close by?
Sometimes it does seem to indicate overbought or oversold.
It was only June 23rd when I posted that: 8 of 14 in cash
But during bull runs it can be all green for quite while.
I think their signals are more intermediate to long term.
Edited by Rogerdodger, 08 July 2007 - 02:30 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
