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No change in my short term bearishness


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#11 ogm

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Posted 06 October 2007 - 11:53 PM

Rate cuts are irrelevant. Everyone knows there will be no more rate cuts.
Bonds selling = money moving into stocks.

Credit crisis is over. No recession. Global economy wins.


I know you are a bull, but I didn't think you were a blind one. :D

Credit crisis may be dormant for the time being, but it's by no means over.


Market action is telling us that at this point it isn't a concern any longer.
When it will be a concern again, then we'll be worried ;)

#12 iloli way

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Posted 07 October 2007 - 05:24 AM

Teaparty, Great chart! Thanks. TA is beautiful; BUT, Bernanke and CNBC rule. (just like Bush and FOX ruled)
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#13 eminimee

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Posted 08 October 2007 - 06:38 AM

This is up volume divided by total volume on nya showing major divergence on the price high. (both spx and nya) I would still like to see this indicator visit the spot where good bottoms have formed and price making another test of the 377 ema and/or uptrend line.


http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=8&mn=6&dy=0&i=p78665411731&a=78670243&r=6762.png

#14 eminimee

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Posted 09 October 2007 - 06:18 AM

Not suggesting a crash...but "could" be signaling a nasty C wave to come that may seem "crashette"

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p23527181071&a=60339873&r=5542.png