depends Posted June 18, 2003 Report Share Posted June 18, 2003 Gold tests 50 day ma. http://quotes.ino.com/chart/?s=FOREX_XAUUSDO&v=d3 Link to comment Share on other sites More sharing options...
richmtn Posted June 18, 2003 Report Share Posted June 18, 2003 Dollar seems to be firming. POG sliding? Link to comment Share on other sites More sharing options...
SkiddMarket Posted June 18, 2003 Report Share Posted June 18, 2003 OK... I understand how SARS in Asia can be the cause for Kodak's pathetic performance this morning, but this one takes the cake: CHICAGO (Reuters) - Clorox Co. (NYSE:CLX - News) on Wednesday warned that its quarterly profit would fall short of Wall Street estimates because wet weather curbed demand for Kingsford charcoal and other summer items... Wouldn't you think the mud would increase demand for bleach?? Link to comment Share on other sites More sharing options...
GregFokker Posted June 18, 2003 Report Share Posted June 18, 2003 OK... I understand how SARS in Asia can be the cause for Kodak's pathetic performance this morning, but this one takes the cake: CHICAGO (Reuters) - Clorox Co. (NYSE:CLX - News) on Wednesday warned that its quarterly profit would fall short of Wall Street estimates because wet weather curbed demand for Kingsford charcoal and other summer items... Wouldn't you think the mud would increase demand for bleach?? I think that, in a John Snow-esque show of senselessness, CLX is alleging that people don't wash their cars when it's rainy out. True. In fact, this year they've been buying new ones instead. Link to comment Share on other sites More sharing options...
The Mad Hungarian Posted June 18, 2003 Report Share Posted June 18, 2003 I am by no means a Bradley "expert", but follow a newsletter (Jerry Favors) that has been fairly accurate in calling "turn" dates. Favors is calling for some type of important top around June 25, +/- a couple of days. But he also uses a concept called the "Lindsay Long" Sequence which allows for a turn to occur between 8/26/03 and 9/30/03. FWIW Link to comment Share on other sites More sharing options...
Guest Posted June 18, 2003 Report Share Posted June 18, 2003 ready to get the hell out...if the blast does not happen...market may drift lower back into red Link to comment Share on other sites More sharing options...
MyGoldenStool Posted June 18, 2003 Report Share Posted June 18, 2003 I am by no means a Bradley "expert", but follow a newsletter (Jerry Favors) that has been fairly accurate in calling "turn" dates.Favors is calling for some type of important top around June 25, +/- a couple of days. But he also uses a concept called the "Lindsay Long" Sequence which allows for a turn to occur between 8/26/03 and 9/30/03. FWIW Hard to see how he could miss with this type of forecast. Seems you could get nearly identical results with a calendar and darts. Link to comment Share on other sites More sharing options...
Sigmoid Friend Posted June 18, 2003 Report Share Posted June 18, 2003 I'm thinking that since everyone and his brother, sister, and uncle are looking at the Bradley turn in early July, it's not going to happen then. Ideally, dongs will start edging toward the exits a little early, to beat the rush, and that will start the panic stampede. Anyone here want to yell "FIRE!!!!" Everyone was looking for the Iraqi War Rally. We sure got that. Now if they can take it to the extreme on the downside like they did on the shortside. Not to quibble, but there was a lot of skepticism around here (and I'm sure among traders elsewhere) about the war rally. The Bradley chart, on the other hand, is being treated as a sure thing. Perception--->Reality---->Perception, etc. ad infinitum. Link to comment Share on other sites More sharing options...
Bird D Durr Posted June 18, 2003 Report Share Posted June 18, 2003 Bird's Bell Has Tolled...................... Link to comment Share on other sites More sharing options...
Guest Posted June 18, 2003 Report Share Posted June 18, 2003 Does this look like inverted Cup & Handle pattern? Should be good for a trip to 3 digits. Link to comment Share on other sites More sharing options...
Sigmoid Friend Posted June 18, 2003 Report Share Posted June 18, 2003 Another idea: The current daily trend line and the big H&S neckline converge around SPX cash 965. A retest somewhere down around there should be a lock for bears and bulls alike, no? Or have tests of support been thrown out along with everything else in Bizarro World? Link to comment Share on other sites More sharing options...
Quicktrade Posted June 18, 2003 Report Share Posted June 18, 2003 Final shaking before the jam in to the close? I hestitantly went back into June QQQ 31's @ .30 For a day trade. Will bail if sliding continues much more. Quicktrade Link to comment Share on other sites More sharing options...
Guest Posted June 18, 2003 Report Share Posted June 18, 2003 Sigmoid Friend! Link to comment Share on other sites More sharing options...
MyGoldenStool Posted June 18, 2003 Report Share Posted June 18, 2003 Just released RFMD. Had to wash thoroughly after that experience. Link to comment Share on other sites More sharing options...
thesun Posted June 18, 2003 Report Share Posted June 18, 2003 WHR, MYG showing a sigh of weakness Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.