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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (57353)4/26/2002 4:02:29 PM
From: westpacific  Read Replies (3) | Respond to of 99280
 
DOW is still selling off after close!!!!!!!!!!!!!!!!!!!!!!

People are going to be freaking this weekend!!!!!

GOLD onfire, HUI up 6%%%%%, Total blowup to upside channel!!!!

This market is in BIG BIG TROUBLE!



To: westpacific who wrote (57353)4/26/2002 4:12:50 PM
From: nsumir81  Respond to of 99280
 
Re:Buying Dips; WHY do talented traders like LBR keep talking of buy setups in such a market?

Now who knows for a bounce, maybe it is good (she had 2 buy setups today for the SP500 and NAZ around 11:53 am and 2:13 pm respectively per her free charts. (obviously got stopped out or took profits quickly)).

BUT WHY the heck they can not talk MORE OFTEN of sell signals or short setups?

When the market goes down in a sustained manner such as this, I see a dearth of trading signals and instead signals on corn futures etc.

But when the market bounces, the buy signals come out in full force.

BOTTOMLINE imo..All traders have a bias, I guess no matter how much they may say they are traders and trade stuff as the market presents itself.