YumYum: This market eats negatives

Discussion in 'Technical Analysis' started by yoohoo, Apr 2, 2008.

  1. Someone is buying up all the negatives
     
  2. here's a shorter term chart - so far it's a no-brainer.

    I put the daily on Trading the Moon ;)
     
  3. let's look at where we are due tests and what the short trend is like
     
  4. and then what the strong players want
     
  5. the easy money no-brainer move continues
     
  6. Yum Yum. Waiter... more negatives please... need more supply to gobble up.
     
  7. this is why "they" use the terms Dumb Money & Smart Money

    Guess who fed the news services fear while it was obvious greed was buying.

    Did you believe them?
     
  8. Charly

    Charly

    ##################################

    Good lessons though not always easy to understand.

    The indicator appears to be a MACD plus
    an additional MA. Is that correct - are you
    using standard paramteres such as 12-26-9 - if the question is allowed?

    Thank you.
     
  9. and so on and so on... all as predicted... not by 10/11/5 MACD Charly; simply a question of supply and demand... while Dumb Money was being fed bad news the Smart Money was buying cheap.

    Nothing new under the sun, and as usual plenty of ET'ers got ready for the crash. When that comes, and it will, it will be in euphoria. Smart Money will sell out to happy Dumb Money suckers.