7 replies to this topic

[OEXCHAOS]

This is two days old and a repeat signal, but fwiw, it's bullish intermediate-term. Mark

[Jnavin]

2 days old is a long time. I'm guessing that the action on Wednesday and Thursday has taken this back above 60 somewhat.

[dcengr]

2 days old is a long time. I'm guessing that the action on Wednesday and Thursday has taken this back above 60 somewhat.

You're wrong about that. Its going up tomorrow is my best guess.

[OEXCHAOS]

2 days old is a long time. I'm guessing that the action on Wednesday and Thursday has taken this back above 60 somewhat.

Actually, with this data, no. Two days isn't much time at all. When there's 5 days of that type of leaning, pay attention. There are lots of other folks leaning that hard too. It has intermediate-term import.

Best,
Mark

[Rogerdodger]

Polls tonight look interesting.

[DonBart]

Pardon me for asking a silly question. But what in the heck does the sentiment of a handful of traders at this web site have anything to do with the current credit crunch!?!?!?! This market is going to crash because much larger forces are at work here and it doesn't make one iota of difference how many here is bullish or bearish. I mean does anyone here seriously think that just because a few traders here are bearish that somehow negates the massive negative impact of a global credit crunch? Come on people, wake up and smell the coffee!

[q4wer]

IT bullish, cool. ST we are going down regardless? A lot of floks here are future traders, I guess they all care ST.

[OEXCHAOS]

Pardon me for asking a silly question. But what in the heck does the sentiment of a handful of traders at this web site have anything to do with the current credit crunch!?!?!?!

This market is going to crash because much larger forces are at work here and it doesn't make one iota of difference how many here is bullish or bearish. I mean does anyone here seriously think that just because a few traders here are bearish that somehow negates the massive negative impact of a global credit crunch? Come on people, wake up and smell the coffee!

So, are our traders looking at stuff that nobody with big money is looking at? A number of our users are managers themselves.

If we're looking at things and are really Beared up, lots of other folks with money are really Beared up, too.

That means that it's likely that what we know is already priced in.

Mark