Discussion in 'Trading' started by simon1080, Jul 4, 2008.
the uptrend line since 1982 on the dow is broken?
That could mean disaster is upon us!
Jump out the window, NOW!
short of dow for the next 25 years -
I think the dow will trap a lot of shorts when oil starts its length decline next week
What's the obsession with calling a top in oil? It's not just you, seems everyone is doing it..
Newsflash - prices over the next 6 months do not have anything to do with a line drawn on a chart from 25 years ago.
NewsFlash - prices over the next 6 months do not have anything to do with a line drawn on a chart for the most part if at all
Newsflash these "lines" can be very profitable if used correctly, must think out of the box.
Newsflash I think the purpose of a trendline from 25 years ago, is what it represents when it is broken. That there is a fundamental shift etc, some people need visual confirmation i suppose.
Well , with 50 day, 200 day moving average down sloping;
probably not just you Simon108.