Now More Than Ever
161 replies to this topic
Posted 13 March 2003 - 05:04 PM
Mark's on vacation. What else can I say except, Now more than ever!
Take it away wndysrf fans!
Oh yeah, remember, make nice. And war discussion related to the market is ok, but no political rants on this thread, puhleeze. Take it to PolStool.
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Posted 13 March 2003 - 05:21 PM
NDX closed at 1029.81 today, crossing above its 200-day MA at 998.10 (red line in chart). (chart may not be updated yet)
A/D and up-down volume ratios were substandard on the NYSE for this big a point move, though.
FOUR of the TOP FIVE most-actives on the NYSE were DOWN, on a 270-point UP DAY. Is that a DIVERGENCE or what?
"GOLD -- it's not just for misers anymore."
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
Posted 13 March 2003 - 05:22 PM
hi all,been trying not to watch the last few days but I just took a look at todays results.
check out the insane volume on qqq,ge,gm,intc,ebay,csco....and just about anything else you look at.
looks like ebay is going to 100.sounds reasonable based on it's pe!
not long or short right now
Posted 13 March 2003 - 05:24 PM
Direwolf and I conferred at the close yesterday, noting hammer reversal candles on all major stocks and indexes. Missed it.
I guess the lesson is to just watch the tape, and react to what you see. The charts all looked great. More upside ahead.
Also, this is a great turn indicator. NUV is where "safe" money hides in turbulent times. It has completely brokendown twice recently, once last Oct and also yesterday and today as this "safe" runs to the equity market.
daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G]My Webpagesee chart
Posted 13 March 2003 - 05:31 PM
But where are the clowns?......................Send in the clowns.............
There has to be clowns........................
Posted 13 March 2003 - 05:35 PM
Since WNDY is out ,SG Waves has some opinions tonight.... see far left of screen to find the link
Hint... A B C
Since I had covered 1/2 my position on Monday night, I took that and threw it all back on the closing print via RYVNX.... risk management is key...
Posted 13 March 2003 - 05:38 PM
Sent you a note on interday stool.
courious your TA on AMZN.
missery loves company
reaching my pain threshold.
Remember its the year of the Sheep
Posted 13 March 2003 - 05:39 PM
Back to the drawing board. Got stopped out of some positions at 823. IMHO, we might get to 850 on this move.
I'll be busy trying to configure this new computer so I won't have time tonight to berate anyone.
See ya Tomorrow.
NONE of what I type, should be taken as financial advice.
And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.
Posted 13 March 2003 - 05:41 PM
Huge Forensic OE Blast this month. Huge. March Madness. Outside of 2 forensic events a month I will more or less avoid trading since I find so much TA to be hazardous to one's health. I find that certain corrupt monthly trends in the market show much higher probability for quick gain and for protection of capital than any amount of Ewaving. I do not put down those who are able to use the waves, I just do not find it as playable. Far and away its best to buy Dover Sole levels in this thing since you are trading with your own government, with the media and with the Mongolian Mutual Hordes. War rally is underway in earnest. Someone has leaked the go date and the PigMen are now trying to frontrun it. Its set in stone and nothing gonna move it now. best to all, I love you guys but I ain't going to lean technical with this stuff much anymore, too much time spent for too little reward imo but then What do I know? I'm just a meditator with a sick intuition, an imp of fate, a pretender to the throne, best to all, buddha
Posted 13 March 2003 - 05:55 PM
To break or not to break...
A convincing breakout will have THIS bear shi**ing in the woods.
I submit, for your approval:
Posted 13 March 2003 - 06:05 PM
This just in on Crapvision: Cramer is skeptical of the bounce.
"WE ARE BEING KEPT ALIVE by the Entropic movement of Dark Matter(Sino-Nippo-dollar purchasing of $UST)---as soon as there is a ringing sound,a sign of an clogged artriosclerotic wormhole on the emergency fiat-meter it will end--dynamic equilibrium,will have been achieved;better known as death" -- beardrech (Mar 15 2006, 01:17 AM)
"There's a good chance he was drunk or drugged. Only an idiot would jump into the bear cage." -- Belgrade Zoo Director Vuk Bojovic (August 20, 2007).
It's like you're dreamin' about Gorgonzola cheese when it's clearly Brie time, baby. -- Hitchhiker (S.A.M. 1998)
Mar 28 2003: July 2003 is the time I have identified as the low of the bear move...then the first leg of the bear is over ...many will be caught by surprise to see the market near it's all time high again within 3-4 years  ..."depression" similar to 1932 doesn't come until 2010. -- blackbelt (Mar 28 2003, 10:05 PM)
Posted 13 March 2003 - 06:05 PM
These are the stocks to avoid at all cost.
How about this one?
Posted 13 March 2003 - 06:06 PM
today looked like blow off tops in some of the darlings, most notable ebay and amgn. Incredible that the broad avgs have come down this far yet the mutual fraud morons still pour into the same hald dozen or so stocks. After all the blow ups over the last three years in the the safe haven darlings you would think this behavior would change. But, no . Same as it ever was.
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg
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