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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (14059)2/4/2007 9:56:40 AM
From: Moominoid  Read Replies (1) of 217577
 
Was it Feb 27 or 7? I seem to have gotten mixed up... anyway check the charts:

stockcharts.com

stockcharts.com

Check the beginning of May 2006 to recent days' action. Especially the divergence between the NASDAQ and other indices... Looks like a decent chance for a mini-crash this coming week.... NDX doesn't look like exceeding the January high before the stochastic starts heading down. Of course there can always be surprises, with my model and trading techniques (something I call "overnight trading" - I developed in the last couple of months and since then start to make consistent profits...) I should be in the right direction when it happens or at least not too long :P

The NYT is for some reason make a big fuss about the productivity number on Wednesday morning:

nytimes.com

This number isn't usually so important, but it is just at the right time to trigger the beginning of a downtrend.
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