perfect retrace broke off early...."hound #1"
the 200 and 225 EMA's which held in all tops in this bear broke "up"....."hound #2"
the monthly nasdaq has slow AV....an ADX-4 bull cross...and the RSI 5 broke above 50......
stockcharts.com[h,a]maclyiay[d19920504,20030504][pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!b50!c225!c250!b225!b250!c300!b300!f][vc60][iLa5,9,4!Lh5,5!Li10,10!Lp14,3,3!Ll4!Lo14!Lb5!Le5,10,1!Lh89,34!Lh45,17!Li180,68!Li90,34!Lp7,2,2!Ld20]&pref=G
all that on the monthly hasn't happened in this bear....
things are changing....i said before when the human trash bears infested this thread that they have made all their easy money.....things changed back in october....i have been "enjoying" very much watching those clueless a-holes getting killed....<ggg>
even if the retrace didn't break early.....the bears were going to get toasted anyway....
folks who used bull t/a in this bear got killed....now bears using bear t/a of the last 3-years are feeling the pain of not being able to adjust.......
while folks are trying to call tops and daily wiggles....crap stocks have been exploding.... and again...folks are missing the real market.....the small stocks is where the money is at.....
crap bio's on SARS news were exploding 50 to 400% in a few days the last few weeks....
now nasdaq crap is starting to make their early ramps....their early ramps before the move to 1750's....
its been a great year so far....i had a perfect retrace to follow from jan to the first week of april.....i said late last year i was going to concentrate on crappers also.....that paid off big on the bio crap and now starting to load the nasdaq crap as they start their move....
the anti-american liberal trash got to eat their words as they showed what a-holes they were....and the bear trash is getting killed and missing another big rally....
you folks using t/a that worked the last 3 years....you are wrong....things changed....
and while the indexes flop and churn in a steady grind up......small stocks are where the big gains are happening....again.....<ggg>
those EMA's that held in all tops in this bear....are now support....you will be lucky to get a pullback to those area's before a run to 1700's......
there will be no more retraces to follow.....so don't bother asking.....and most indexes will only have another 10-20% in them.....daytraders will be whipsawed and bored to death by this market.....
but....certain small stocks will be going on 100-300% runs while all this is happening.....
thats where i'll be.... |