looking like the daily could be setting up the move to 11,567 11,036 was the daily cycle target on this last swing down and is now projecting right into my monthly area what you think DB?
Wow friday was a bloodbath DB! No doubt about it. Extending the Bush tax breaks good or bad policy? and for which income brackets? Some dexterity in government here is needed but I fear that removal of a last obstacle to investing $ right now will resolve itself in a rather significant Intermediate top. Whereas originally I thought that we would stay at 11,200 area until that tax clarity meeting and then shoot out in a race for performance to the end... I'm now leaning to a short violent spike and then a complete reversal of the tax relief rally over the span of several weeks. I am in the minority in my opinion and I am using no TA but I've been dead on so far. So the spike perhaps to 12,100 roughly 900 dow points is the call followed by a steep slide into end of year. ~stoney
Ok DB let's do this.... I'm DEPLOYING CASH!!!! BUY 500 VALE @ $ 31.30 BUY 1000 MMR @ $16.10 BUY 1000 NNBR @ $9.68 BUY ? That's where I'm stuck looking at Compass Minerals & Bottomline Tech two RS stories. as well as SODA // LNG // BW // LDK. We are near enough to S&P support to re load, it's time you made some cash in this game DB... You must of learned by now, you've watched me enough... NOW ACT! And if you don't have any money borrow some from a dear relative and get cracking. You should also own DCTH. ~stoney
you, an advanced successful trader with 15 yrs experience has 6,500 posts here and you call ME delusional. You remind me of the fellow in class who got grace marks but still failed.
I have a lot of posts because I enjoy interaction with other people that share an interest in analyzing price action. Unfortunately, I tend to waste some of my time replying to useless posts like the one above.
DB? Your too quiet buddy. Let me guess you are standing there with your hands in your pants again. I've had it. I've tried every which way to set you straight I've given you rally zones and resting zones and corrective phases and new picks. I've given you out performance of the SI kind. I've helped this thread along as far as I can-- now for the second time -- I officially close it. Done.~stoney ▲▼ Company name▲▼ Price▲▼ Change▲▼ Chg %▲▼ d | m | y▲▼ Cap▲▼ VALE Vale (ADR) 32.62 +1.15 3.65% NNBR NN, Inc. 10.20 +0.35 3.55% MMR McMoRan Exploration Co. 16.95 +0.88 5.48% EBIX Ebix, Inc. 21.79 +0.92 4.41% ASYS Amtech Systems, Inc. 16.54 +0.78 4.95% EPAY Bottomline Technologies 19.10 +0.60 3.24% ASH Ashland Inc. 52.96 +1.10 2.12%