The stockmarket is like a Manic Depressive chick.

One day everyone hates stocks. SELL SELL SELL get rid of it.

Then the next day. Everyone love stocks BUY BUY BUY.

With violent moodswings during the day.

Anyone notice this technical pattern?

 

it's either a relentless grind upwards

or a violent chop downwards

 

Sometimes its a "sit with your thumb up your ass" day too.

 

i hope i never shake hands with you

 

Auction Market Theory

 

LOL.

 

It's a head & shoulders in process. Check my thread "Petsamo's Top Call". Why is it that this amateur TA is the only one who saw this coming? I saw it when we were declining from the top of the head.

 

I'm also a full time truck driver who trades with his BlackBerry. I'm currently in Mobile, AL. No sign of global warming in these parts.