Technical Analysis Scans Message Board

STOCKTALK

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.

Strategies & Market Trends : Technical Analysis Scans

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ~digs who wrote (271)	6/15/2010 3:30:20 PM
From: ST Trader	Read Replies (1) of 367

Thanks for your input. I have been sitting on the sidelines for a couple of months now and am eager to get back to making some money. I believe the close over the 200 dma(if it happens) is very significant, even though the volume is not that strong. The QQQQ and MDY have both been over the 200 dma for a few days and this close on the SPY and DIA in my mind is confirmation that we are likely to move higher over the medium-term. The volume on down days is still stronger than up days, but I believe that is partly due to the fact that the market sells off hard on any type of negative news event (mainly from Europe). I am going to tread lightly over the next few days as I reenter the market, but I made a plan to start charting again once the technicals began to look better...and this close is what I have been waiting for. Vince

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next