BP's
Started by
selecto
, Aug 04 2007 02:17 PM
3 replies to this topic
#1
selecto
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Posted 04 August 2007 - 02:17 PM
I think the lesson here is to not fade the turn. (If and wherever)
#2
relax
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Posted 04 August 2007 - 02:30 PM
nice charts
But when is the turn coming??!! :-)
....cycles haven't really been spot on....of course they can be +/- a week or two - so basically one could argue that we bottom this week
how deep - 1.360 would be one the most negative scenarios - equalling a drop of 12 per cent from the top
#3
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 04 August 2007 - 02:48 PM
And again, I think the question that has to be answered is whether or not we can get back up on that (Nasdaq) 55 support and hold it. We're not worried about it turning back up, why it always turns up sooner or later... It's all about how far up.
Price and Volume Forensics Specialist
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
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
