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Moment Of Truth

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Another slope of hope BEAR MK Rally :P :P :P

 

keep pushin bullie you all will get out the same

time and cause a panic :o

 

Deflation= no pricing power

 

GIVE UP THE GHOST

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I wonder when the herd selling is going to kick in? The inverse of the herd buying spree that made no sense at all during the 1995-2000 runup.

 

Whenever it does its going to be amazing. We'll hit levels that won't make sense even to us.

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Wake up Bulls -- This is a gift for you. Now

SELL!!!

Miss Moneypenny You know they won't

 

They will sell on the bottom :D Mk sentiment will

be BEARISH,Horrible news the whole 9 yards

 

Nasdog gamblers will go BROKE :o

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NYSE

 

NOTE: This charts is a bit old in time....dont use it to trade.

 

Vertical white line denotes change in character moment for the markets.

 

Note the spike up in TICK, which also broke the slight down "channel" which had existed earlier from about 10:22 to 12:20ish or so. Also note that TRIN, although somewhat

bearish in the 1.10 to 1.3 range today has been slowing declining since 11:19 and then the decline speed increased as the TRIN dropped more below the cyan colored moving average line. Combine the two, and you were warned of something.

 

All short term stuff, but market character changed for a bit as noted.

 

I just checked....if you would have used the white vertical line as the trade entry point.....

 

You got in SPX at 892.xx

 

You got in DOW 8465.xx

 

You got in NAZ 1372.xx

 

FWIW.

post-3-1039803650_thumb.jpg

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that volume from 12:45 to1:00 that came was Green, correct me if wrong. But aren't sell programs Red?.... might have been picking off some short stops near end of donut hour.

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Thanks Tandr! I should've waited anyway - looks like today it tried to run up to its 200-MA at around 24.90 and went back down...I'm adding to my positions here

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Bearman, you're so right. As we approach the final bottom selling by the public (Joe Six) will be the "in thing to do", media coverage will say things are indeed VERY BAD and going to get much worse, the system IS broken, you MUST sell now.

 

Selling will get out of control and go well past the logical point.

 

At this rate hell knows when that will be, probably years away. We have a nice long way to go (and make money) :rolleyes:

 

The media still talks about "recovery" while we are still in the process of slowly entering the depression. What a joke.

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AZO has to be bothering 'investors'.

Down 12 points in two days on beat the street numbers.

And not even a budge on the jam.

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I think it's other 'contrarian indicator': this morning Crapvision reported retail investors had a $4.8 bn INFLOW into equity funds last week or two - definitely a confirmation of a top...and by now all these guys were doped to believe the year-end rally, maybe it will never materialize...

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