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Nowhere Man, Nowhere Market


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18 posts on M2M at 10:18 pm est?

 

WTF?

 

Mark has been saying for months - fundamentals do not matter.

now he says - charts to do not matter either.

You cannot trade based on fundamentals, you can trade based on charts.

well, what else is left to say.

I guess just we can talk about what odds are that a particular stock will go either direction.

 

it is casino, except ... I think odds are better

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just checking in and so sorry to hear about Rich. My prayers are with him...have a great evening everyone...catch ya all in the am

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18 posts on M2M at 10:18 pm est?

 

WTF?

 

Mark has been saying for months - fundamentals do not matter.

now he says - charts to do not matter either.

You cannot trade based on fundamentals, you can trade based on charts.

well, what else is left to say.

I guess just we can talk about what odds are that a particular stock will go either direction.

 

 

Think we just got an IT bottom on the oils and maybe miners. Dont forget utilities, natural gas stocks, tankers and airliners......and PEP, KO, MO, BUD.....nat gas- PLLL, CHK, PQ, EPEX (on fire today) utilities- PEG, CNP, EP (nice dividends) tankers- NAT, VLCCF (huge dividends) airliners-LUV, JBLU. oil- SLB, COP, PBR, PTR, VLO, PKZ....

Everyone is watching the naz stocks while these take off.

bottom fishing

BHP, FDG, BTU, IP, SSL

 

Nothing has changed. It will all be clear later. Charts do matter.

 

I tagged all the prices to keep track of them. I own half of them already. Around 27 stocks tracked. Up 1.15% today with the gassers in the lead. Coal behind.

 

The long term cycle work I follow for the naz is getting close to its best buy signal area. Last time it was at the target area I am hoping was Aug 04.

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For all who care jesse is back.

http://www.geocities.com/arthurcutten/jesse.html

And his music is cool too. :D

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Dedicated to the Pigmen god, all CEO's, and the President.

 

post-2253-1153972984_thumb.jpg

 

Home to Roost

By Kay Ryan

 

The chickens

Are circling and

Blotting out the

Day. The sun is

bright, but the

chickens are in

the way. Yes,

the sky is dark

with chickens,

dense with them.

They turn and

then they turn

again. These

are the chickens

you let loose

one at a time

and small-

various breeds.

Now they have

Come home

To roost -all

The same kind

At the same speed.

 

(dww, she's a marinian)

 

Didn't know Rich, but entering hospice, well... a good death is devoutly to be wished for us all. richmtn, may you untie your knots, settle your dust, and see the face of god with a smile on your lips. :) :rolleyes:

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THE GREAT PIG MAN SIDE WAYS CONTINUES

 

Long term investors make no money

 

Day traders make no money

 

But the masters of the short term direction make a fortune.

 

And the directon is sideways.

 

Or should that be updownupdownupdownupdownupdownupdownupdownupdown

 

It amounts to the same thing. :lol:

 

Makes reading creamer on the street an exercise in extreme schzophrenia.

 

Wise me dont play a game they cant win.

 

The insiders in America have comprehensively screwed the outsiders.

 

The playing field is not flat - its the North slope of Everest

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