We Have Topped

Discussion in 'Trading' started by GrandSupercycle, Jan 24, 2012.


  1. you like the attention, don't you.

    let's say you are right. What does that do for you hotshot!
     
    #11     Jan 24, 2012
  2. ..................................

    is that a brown, black, polar or grizzly bear were talking about....

    s
     
    #12     Jan 24, 2012
  3. TILT2

    TILT2

    +1
     
    #13     Jan 24, 2012
  4. naked bear.
     
    #14     Jan 24, 2012
  5. You may be right but

    the market has yet begun to rally.

    the first key target is ~13,500.

    the second key target is ~14,500

    both key targets for this year.

    sell offs/retracements are buying opportunities.
     
    #15     Jan 24, 2012
  6. Lucrum

    Lucrum

    AGAIN? :D

    How many "tops" is that now anyway?
     
    #16     Jan 24, 2012
  7. xiaodre

    xiaodre

    look at the last time period of that chart. that is a week that closed on the highs in an uptrend. I'm not saying that your trendlines are wrong, but why would you call a top on a week that closed on the highs in an uptrend, according to that chart?
     
    #17     Jan 24, 2012

  8. Of course each new high, creates a possible new top. :D
     
    #18     Jan 24, 2012
  9. One would need to be high to confidently and publicly call that a top.
     
    #19     Jan 24, 2012

  10. Well I hope ET never requires drug tests b/c I think some of my favorite posters would disappear. Then where would I get my can't miss market calls from?
     
    #20     Jan 24, 2012