SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Philosophical Porch

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (5621)4/25/2010 1:23:12 PM
From: westpacific   of 26251
 
Should get interesting in the next few weeks; been too busy; some charts next week to back up my thoughts.

What I see so many technical traders missing in reading the charts is the Superdome Roof and the Global Credit Collapse.

You simply cannot compare charts and how they acted via MACD or other more complex techniques to the past...that will prove a fatal error!

Shorts may have losses but should end up banking big gains and if they are smart could see gains that payout for holding longer then one year and thus a 15 percent tax rate...

8 weeks up; should see one more then game over for now...

As for Mythman he is all part of my fan club; in a few years I will become a god for my vision...

West
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext