Looks like a market break out brewing

Discussion in 'Trading' started by fantastic4, Dec 29, 2008.

  1. Rex84

    Rex84

    well I just sold all of my long positions, and put all of my chips short the financials. If they aren't preforming on a day like today, they should have a big down day even if the market is flat tomorrow.
     
    #91     Jan 2, 2009
  2. Up we go! Another huge day of buying.
     
    #92     Jan 2, 2009
  3. whatthe

    whatthe

    Good move. History (Thanksgiving week) repeats again. Anyone not selling this afternoon will probably be in pain next week.
     
    #93     Jan 2, 2009
  4. The intraday chart on the DJIA coudn't be more bullish. Note the price compression. Easily end the day up 300.
     
    #94     Jan 2, 2009
  5. another intraday high
     
    #95     Jan 2, 2009
  6. Sure looked that way, until you opened your fat, dumb mouth again and the market pulled back from a 300 point close to 250.

    You're priceless when it comes to contrarian indicators!
     
    #96     Jan 2, 2009
  7. YAWN........SO HERE WE ARE ONCE AGAIN.
     
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    #97     Jan 2, 2009
  8. 

How about those who faded me when the dow was at 8500? or 8300? there is no stock_rad3 fade.
     
    #98     Jan 3, 2009
  9. JSSPMK

    JSSPMK

    Monthly trend on SPX is not up, you need to read up on how to establish a trend.
     
    #99     Jan 3, 2009
  10. 

yes it is up
     
    #100     Jan 3, 2009