no worries bird..this market's way too shaky to come near 1300, if it does I'll turn myself into the Port Royal authorities, directly....savy??
looks like you dropped the ball on your aliases better try again, what I dont get is that you seem to have good calls but seriously man take some of that money and pay for some serious psychological help. must be sad having money and no one to talk to but yourself.
thats right EqtyTrader, 100% uproom to go, and like 'ole turtle says 'its a bull market you know' and 'wisdom is profitable to direct'.
Ole turtle? I thought it's the old turkey. And I don't think the old turkey would say it's a bull market right now. With the stock market moving nowhere for the last year, I think the better advice would be: "There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks dailyâor sufficient knowledge to make his play an intelligent play."
I disagree. The SPX is up just around 5% from Last Feb. Weekly close on Feb 4th 05 was 1203.05. Last nights close was 1265.65.
On Monday-Tuesday I came to the point of view that rubberbyrd was right, and the 500 was in the midst of an orderly pullback to at least meet its rising 200 MA, and possibly break it. Then yesterday almost all indexes had reversal candlesticks. The Dow was bullish engulfing, encompassing the previous two day's trading range. The 500 was close to a hammer after a couple of black crows (or was that the Nasdaq? I'm writing this at work, where I don't have access to a decent charting program). It seems that most of the other major indexes, except the Dow Util, had a reversal pattern. Can't remember for sure, and wish I had printed some charts last night. I almost posted this this morning, but didn't have much time. Has anyone else seen this, and think it is of any significance? I'm still new at all of this. Best Regards, NDG
Does anyone see a head and shoulders top forming in the S&P or am I imagining it? I'm not one that buys into big technical patterns, however, I'd like to hear thoughts. Thanks