the stops were hit today taking 5 points, while keeping us safe and sound to ride the next BIG ONE. flat entering monday morning. enjoy the weeeeeeekend ! best, surfer
as traders it is crucial for us to move beyond the numbers when ascertaining public sentiment. my latest bit of research is comparing pre 9-11 attack advertisements to post 9-11 advertisements. i have compared and contrasted popular magazine, radio and tv ads--- i see NO DIFFERENCE. i find it very fascinating that an event of such magnitude could occur and the best marketing minds in the world still use the same triggers to get the public to buy. my conclusion from this ad hoc research study is that the market is extremely resilient and it is VERY possible that we see NEW HIGHS in the DJIA within 2 years. all the best, surf ps. we are flat entering monday. will trade from channel
My perception of this would be one of complacency rather than resiliency of the market, the marketing minds and the public. Rust never sleeps.
yeah, is it better for the market to burnout than fade away ?? i would call it resilency within complacency. complacency is good in the midst of a 200 year BULL market. surfer
the market has opened nicely with green across my screens. we are currently flat awaiting breakage of the neogann channel of 9127-- 9233 to enter. best, surfer
+****** DIA,SPY,QQQ,$UTIL ,CSCO creeping up, looking good+ long. Just entered long & strong $UTIL, swingtrade. =================================== ''Made me a lifetime memory out here fishing , Jimmy Houston + me''-Song
so far so good. riding the upwave at this time. going to squeeze her for all she can give. hanging 10 !! surfer