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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (128592)1/28/2006 7:10:01 PM
From: Shack  Read Replies (1) of 209892
 
Antics eh? GFY!-vbg

Yes I am very bullish but I have been for some time now, simply respecting the trend. But remember that I was the first one to suspect a presumably bearish COMP ED way back in early 2005, I was more than prepared to go raving bear. But when I saw sentiment actually getting more bearish as we ground higher (by my own "sentimeter" readings which have yet to fail me) I began to believe in a coming hound. That coupled with those long-term bullish charts like AA and the likes kept me bullish. Now the hound is in motion and as such I may be getting a little too excited (-g) as I am now hoping for a much stronger trend to develop....one in which it is easier to make money!

What would make you turn bearish?

I think the answer to your question is found in my discussion of the COMP wedge:

Message 22001158

My line in the sand at this point is a weekly close below 2190.

Enjoy yourself in AK. Off to watch the Leafs-Habs....something I'm sure few in El Dorado would likley understand.-vbg
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