GregFokker Posted December 4, 2002 Report Share Posted December 4, 2002 Looks like Dan DeNials managed to bork INTC at the precise, exact top. Link to comment Share on other sites More sharing options...
Contrarian Posted December 4, 2002 Report Share Posted December 4, 2002 hope Raptor is right - i've been sitting in my shorts getting a wedgie over the past two weeks www.raptorgroupresearch.com/spcomment.html Link to comment Share on other sites More sharing options...
richmtn Posted December 4, 2002 Report Share Posted December 4, 2002 Well Duh. If workers get laid off and production remains at the same low levels then productivity goes up. It's a good thing Joe 6 pack never got a real education otherwise he might understand the true nature of things. I'll bet they get it when they get laid off. Anecdotal: Speaking to co-workers they are comforted by the rise in the stock market. Never mind that the average Joe couldn't profit off this rally unless they were already inveested. Of course if they were invested all they would have done is cut their losses to some extent. Bottom line I remind stoolies that we are in information overload. The average American doesn't see below the surface of the 15 second Nightly News Dow report. Link to comment Share on other sites More sharing options...
Charmin Posted December 4, 2002 Report Share Posted December 4, 2002 futures into the exhaustion gap, but close below 1071.31 Bigtrends Link to comment Share on other sites More sharing options...
simple guy Posted December 4, 2002 Report Share Posted December 4, 2002 In addition to pontificating, I enjoy EDUCATING Please dont take offense to those of you expert chartists... I am purely amateur hour... but... As I posted several times over the past week, the "MOMENTUM" indicator is always a leading indicator of imminent reversals. The chart below clearly shows MOMENTUM crossed down several trading days before the Q's followed... in addition to stochastics double topping and RSI rolling over... The chart to me shows ALOT more downside to come to correct this recent move... Well... now I cant post the chart for some reason, frustrating sometimes. Anyhoo... guess you will have to take my word for it, cant provide a link because it doesnt save in format I set it up in... Suffice to say.... gaps will be filled at 970-1000 st on NDX IMO Any rallies should be shorted... IMHO.... Link to comment Share on other sites More sharing options...
Wrong Insane Posted December 4, 2002 Report Share Posted December 4, 2002 Bontchev, Chirs Locke is on Crapvision Europe every Wednesday morning at about 0835 GMT. You're in Iceland right, so should be easy to watch. He was on again this morning with his charts predicting that we will now go striaght down past the October lows on all indices, to coincide with gold breaking out to 350. Lets hope he's right. However if we break above the August highs he will be wrong by his own admission - but he is convinced that we go down now - big time! Link to comment Share on other sites More sharing options...
simple guy Posted December 4, 2002 Report Share Posted December 4, 2002 And... the SG E Wave numbers for the Q's A move to 24.20 plus or minus a few points A counter move to 25.65 A move to 18.98 Counter move to about $21 Final move down to about 17-18 ish.... Countertrend rally after that for a bit.... then a final blast down into March to new QQQ and NAS lows... Thats my general SG take right now... FWIW Link to comment Share on other sites More sharing options...
Guest Guest Posted December 4, 2002 Report Share Posted December 4, 2002 Joe Sixpack logic 101 = anything "up" is good. Reminds them of skyscrapers and erections. Link to comment Share on other sites More sharing options...
simple guy Posted December 4, 2002 Report Share Posted December 4, 2002 Bernie Shaeffer, the prominent bear is now BULLISH ON TECHS? Yet another reversal sign kids... when the real bears get bullish... have to realize the top has been made. Bernie Bearish Dow, SPY, but bullish techs? Link to comment Share on other sites More sharing options...
Hoodwinked Posted December 4, 2002 Report Share Posted December 4, 2002 You are one hell of an amateur SG. We should all have such talent. Link to comment Share on other sites More sharing options...
Bird D Durr Posted December 4, 2002 Report Share Posted December 4, 2002 FrasiaHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH Link to comment Share on other sites More sharing options...
sweefraapp Posted December 4, 2002 Report Share Posted December 4, 2002 SG: What's your ballpark time frame on the 24.20 move? Froolick told us that yesterday would be a green day for stocks - 100% sure. Link to comment Share on other sites More sharing options...
cyclist Posted December 4, 2002 Report Share Posted December 4, 2002 SG Didn't see your momentum chart you mentioned. Did it post and I missed it? thanx Link to comment Share on other sites More sharing options...
Bearman Posted December 4, 2002 Report Share Posted December 4, 2002 s-peeeee gap below last weeks low 912.10 spxwould give the buy and hold crowd a lesson Link to comment Share on other sites More sharing options...
Charmin Posted December 4, 2002 Report Share Posted December 4, 2002 like this chart - http://avid.investsystems.co.uk/for-postin...xXDailyX214.gif Avidtraders Link to comment Share on other sites More sharing options...
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