Jump to content

Recommended Posts

  • Replies 48
  • Created
  • Last Reply
Posted

Wednesday's closing strength was one of the sickest fakeouts I have ever seen. If you didn't have access to after hours trading you were so screwed this morning it was totally sick.

iamge29.png

 

They had the 5 hr and 2 day cycle indicators turned up with no hint that anything out of the ordinary was happening.

 

But The Wall Street Examiner wasn't fooled.

 

Cycle based stock screening data weakened across the board on Wednesday. This could be a significant signal, given that the market averages were virtually unchanged. There was a large expansion of new short term sell signals, a sign of a probable peak in shorter term cycles...

 

-Wall Street Examiner Professional Edition 11/18/09

 

Click the link below to try the Professional Edition risk free for 30 days.

Posted
For those interested in playing the junior miner 49ers....new ETF

 

big.chart?symb=gdxj&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=4077392&style=320&time=18&freq=7&nosettings=1&rand=6201&mocktick=1&rand=3302

Pardon me if I am misinformed, but in the past when new ETFs have been issued like this, didn't that usually mark a top?

 

I'm sure someone will chime in to correct me if I'm wrong.... :lol:

post-837-1258667116.jpg

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...