In terms of overall market direction, I believe that the relatively large trough on Macd Histogram suggest lower prices here soon
Another bullseye call rubberbird! Truely there is no doubt on anyones mind as to wether or not you are the real deal. No one makes mkt calls like rubberbird!! Hip hip.. hurrrray!!..... Hip hip... hurrrrraaay!!
thanks lilduckling. it's nice to finally see a few of my brethren actually having educational market discussions on this thread without hassle. thanks for believing i'm the real deal. you know how many I had to get right to slow the hassling? there's a guy on ET called babak who would swear to you that i'm not real. But babak also says that tony oz is a legendary trader! I guess you could say that babak is not the sharpest knife on ET.
Its easy for others to critique when someone makes mkt calls.... because they never stick their necks out they have nothing to loose. However... to stick out your neck on calls... to constantly lay your neck on the chopping block....and come out unscathed...to take on that risk.... is to truly be a market warrior....a warrior who survives.... versus being an armchair analyst. congratulations again... fellow "Avery Alliance" member!