Futurecurrents, your edit came in too late I suppose ... I have no interest in proceeding with such a ridiculous discussion ....
Futurecurrents, Once again, I ask u to calm down ... and stop jumping into conclusions ... and pre-assuming that no one's doing their work...
Futurecurrents, I got a better idea for you .. go to http://www.stockcharts.com/ ... type "$COMPQ" in the ticker box ... make it a 3-year log...
Futurecurrents, thanks, I did say why markets should resume lower :) I basically use the most simple techniques to determine that ... 1)...
futurecurrents, now let's get back to all my recent posts on this thread, and re-capture the whole picture : 1) I stated that the DOW and...
futurecurrents, this is the type of posts I would call a lesson in technical analysis in reply to your "CNBC & Gurus" post ... but before I do,...
futurecurrents :) You made me laugh hysterically .... actually I posted my previous message at the same time you posted yours ... so maybe...
As far as technical analysis is concerned, this a breakaway gap on the composite ... and could have very bullish implications on this week's...
Earlier, I clarified the difference between favoring a rally to short the market, and favoring a rally that would reverse the current bear trend...
dotslashfuture ... Agreed ! :)
Just for clarification purposes, when we talk about a rebound, or an intra-week rally, this has nothing to do with trend reversal, going long, or...
Lescor, it does look like a H&S to me. However, I would draw my neckline from your left shoulder moving up to the '01 low at 1,100. This way, the...
RunningBear, E*X*C*E*L*L*E*N*T post I should say. First of all, I like it when people do their own analysis. Second, I admire it when they...
Seanote, But don't u consider the 9,500 as a critical support level for the DOW ? And how about the September low near 1,400 for the composite ?
DOW breaks 9,500 goes sharply lower ... NASDAQ and S&P both follow suit ... and now all rebound ... is this an end-of-week reaction ... or are we...
RunningBear, Just out of curiosity, which tool did u use to project that low on that date ?
Another thing is that when the Fed sells GOVERNMENT securities, it absorbs money that could have otherwise been invested in the stock market smart...
darkhorse, can't u explain that in a more decent way ? I was just quoting from another thread, so I basically didn't think anything ......
yes, I think it said they deal in securities in the secondary market. And I just read on another thread, that today for instance, the Fed is...
The last thing I heard about the crash :) is that the fed has a special fund, now ready to interfere if markets ever fall below last year's lows....
Separate names with a comma.