DrStool Posted April 15, 2004 Report Share Posted April 15, 2004 No, I'm not a skeptic. Just so happens, I know her. Link to comment Share on other sites More sharing options...
The End Posted April 15, 2004 Report Share Posted April 15, 2004 To me the beauty of this is no one believes this is anything but a minor drop or correction. That is the signature of a wave 3, even many of the Bears here expect a strong move up-until proven wrong I believe the top for the year may be in! I agree that the high of the year may be in. If not, I don't think 1175 will be taken out. Link to comment Share on other sites More sharing options...
Guest Posted April 15, 2004 Report Share Posted April 15, 2004 To me the beauty of this is no one believes this is anything but a minor drop or correction. That is the signature of a wave 3, even many of the Bears here expect a strong move up-until proven wrong I believe the top for the year may be in! Lead us bears to the promised land B4. I'm a believer -- just a nervous one. Link to comment Share on other sites More sharing options...
DrStool Posted April 15, 2004 Report Share Posted April 15, 2004 The tape was awful today. Cyclically it should have been better. I can't help it but I am thinking that darn old "c" word again. . I gotta go do some writing. Just played the worst nine holes of golf ever. In my life. Link to comment Share on other sites More sharing options...
The End Posted April 15, 2004 Report Share Posted April 15, 2004 The tape was awful today. Cyclically it should have been better. I can't help it but I am thinking that darn old "c" word again. . I gotta go do some writing. Just played the worst nine holes of golf ever. In my life. Don't feel bad Doc. I just bowled an 88 with my son at cub scouts. Ps. Crashes can occur from these short term Dover Sole conditions. The Mc Osc is at -250. That is about where it was in July of 2002. Link to comment Share on other sites More sharing options...
stained jeans Posted April 15, 2004 Report Share Posted April 15, 2004 To me the beauty of this is no one believes this is anything but a minor drop or correction. That is the signature of a wave 3, even many of the Bears here expect a strong move up-until proven wrong I believe the top for the year may be in! I'm a little of both. I not only believe the top is in at 1163, but that 1151 will not be surpassed again. However, don't think we're in Wave 3 here unless and until today's low is taken out with a big black candle on expanding volume. Link to comment Share on other sites More sharing options...
RobertTheBruce Posted April 15, 2004 Report Share Posted April 15, 2004 http://www.amazonamanda.com/ So this is what the members only forums are for!!! Link to comment Share on other sites More sharing options...
The End Posted April 15, 2004 Report Share Posted April 15, 2004 I know it reads like sometimes I talk out of both sides of my mouth. I am just a trader. I don't mean to confuse anyone. Link to comment Share on other sites More sharing options...
Guest Posted April 15, 2004 Report Share Posted April 15, 2004 DrStool Posted: Apr 15 2004, 07:19 PM No, I'm not a skeptic. Just so happens, I know her. --------------------------------------------------------------- I should have know Link to comment Share on other sites More sharing options...
brian4 Posted April 15, 2004 Report Share Posted April 15, 2004 Speaking of the 'C" word fair value numbers are out Spoo's-1127.03-NazQuack-1461.37 currently the Spoo's are 4.03 BELOW fair value and Nazy-12.37 below f/value-let em try and ramp this one. Link to comment Share on other sites More sharing options...
Guest Posted April 15, 2004 Report Share Posted April 15, 2004 I noticed on Amazingamanda's website that she was wrestling guys last week down in LA. I wonder if wndysrf got in on the action? Link to comment Share on other sites More sharing options...
stained jeans Posted April 15, 2004 Report Share Posted April 15, 2004 The Mc Osc is at -250. That is about where it was in July of 2002. End, I get a reading of -67 for NYSE McClellan Osc. I must be looking at sumthin' different. Link to comment Share on other sites More sharing options...
wndysrf Posted April 15, 2004 Report Share Posted April 15, 2004 The RLX, HGX, and XLF have cracked. All three Pillars of the Housing Bubble. I doubt we get much of a bounce out of here. On all the other tops and subsequent selloffs, the lenders, builders, and financials held their ground. Not this time. Looks like the real deal...... Major Indexes Most of the major indexes have broken below the 50-day and now the lagging 20-day is the only thing left holding them up. If we bust down tomorrow and crack the 20 and the 50, then the 200 is the next stop. Judging from the severe volume seen on the financials, I doubt the 200-day will hold. Unless Johnny Law II announces a "surprise rate cut" or an "unexpected BOJ Intervention" or something...... Within a matter of two weeks, the odds of playing the short side have dramatically improved over the long side. Lots of juicy short selling setups out there. Not even worth trolling for longs anymore, until we get a huge 5-day ARMS reading and a couple of back to back 90% down days. Link to comment Share on other sites More sharing options...
DrStool Posted April 15, 2004 Report Share Posted April 15, 2004 I think I am going to be sick. Link to comment Share on other sites More sharing options...
The End Posted April 15, 2004 Report Share Posted April 15, 2004 The Mc Osc is at -250. That is about where it was in July of 2002. End, I get a reading of -67 for NYSE McClellan Osc. I must be looking at sumthin' different. The Osc was at -249 yesterday. I don't know where it closed today. See if you see the -249 number from yesterday. Otherwise, you are looking at something different. Link to comment Share on other sites More sharing options...
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