Good employment report. What does it mean ?
Started by
ogm
, Nov 02 2007 08:17 AM
6 replies to this topic
#1
ogm
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Posted 02 November 2007 - 08:17 AM
If the market is in an uptrend, It means the economy is good.
If the downtrend has started It means the Fed won't cut anymore...
Lets see what trend we are in
#2
relax
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Posted 02 November 2007 - 08:37 AM
Does not make sense to me - are you saying that in an uptrend fed will be cutting, since a downtrend is where fed doesnt cut
also, i don't think the state of the economy plays the role you are describing
also, i don't think the state of the economy plays the role you are describing
If the market is in an uptrend, It means the economy is good.
If the downtrend has started It means the Fed won't cut anymore...
Lets see what trend we are in
#3
SemiBizz
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Posted 02 November 2007 - 08:44 AM
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
#4
ogm
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Posted 02 November 2007 - 08:50 AM
It means if the good news is bought, we're in an uptrend, if the good news is sold, we're in downtrend.
Semibizz, your picture makes no sense.
"C'mon guys, its not that bad" ... hilarious stuff
#5
SemiBizz
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Posted 02 November 2007 - 09:13 AM
Just reloaded MRVL.... with a tight stop of today's low.
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
#6
relax
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Posted 02 November 2007 - 09:16 AM
thanks ogm
agree!
agree!
It means if the good news is bought, we're in an uptrend, if the good news is sold, we're in downtrend.
Semibizz, your picture makes no sense.
"C'mon guys, its not that bad" ... hilarious stuff
#7
SemiBizz
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Volume Dynamics Specialist
Posted 02 November 2007 - 09:29 AM
Must be a misprint... my screen shows SOXX Green here.
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
