Discussion in 'Trading' started by travis, Feb 28, 2004.
Qdz is Qdz as Qdz does.
Six straight weeks down in the NAZ and somebody wants to roll the dice for a seventh?
Sounds like a great risk/reward trade.
"March first trading day Dow up 6 of last 8"
Average March gains last 33 years
NAS 0.4% Dow 1.0% S&P 1.0%
It's hard for me to understand why a seasoned trader would be without the info in this almanac. I love you guys. I'm a newbie. I'm up 14% today. CRXA, bought in at 6.075. Waited a month for this jump. I expect it to hit 7.00 within two weeks.
February was true to historical form. I expect march to be a better than average up.
Always good to hear from The Stock Trader's Almanac and Yale Hirsh of Old Tappan Zee, New Jersey.
By the way, Defense stocks are rallying nicely ahead of the Bear Stearns Conference on Wednesday, AND the Homebuilders are once again going to the Moon!
It is really difficult to see the market going down hard here with the 10-Year T Bond trading below 4.0%
By the way, for all of your VIX Watchers, the VIX is currently trading at 14.66 which is +.11 cents since last Friday's close and yet the Dow is + 67 points!
Gee, how does the VIX go UP and the Market goes UP TOO?
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