Buy and Sell Signals, and Other Market Perspectives 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 : Buy and Sell Signals, and Other Market Perspectives

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

GROUND ZERO™

paul ta

To: GROUND ZERO™ who wrote (56491)	1/12/2014 2:02:42 AM
From: Vitas	2 Recommendations Read Replies (3) of 219202

I have a hunch, just that, that we are stalled at the Dow 2000-2007 semi-log trend line, just long enough to get log fans all lathered up short, and that once that is over, maybe sooner than later, we will gap up over it and continue the uptrend. On its face, the market has been in a strong uptrend since the breakout in early May. There is no denying it. I need to have something concrete technically to get excited about a reasonable possibility of a strong intermediate term decline and I don't see that yet. If the market makes any new highs from here then we are over the Dow semi-log trend line and NYA will be pushing over its 2007 all time high and we are in another up leg. We may have to wait until sell in May and go away. Subject to changing my mind Monday. -g-

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next