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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (6493)1/15/2005 8:02:38 PM
From: PuddleGlum  Read Replies (2) | Respond to of 23958
 
That chart says that GLBL broke the downtrend and looks like s'more. It also says to me that one would like to enter on a bit of a pullback.

Here's another view that would also encourage me to wait for a more opportune time:
stockcharts.com[PA][D][F1!3!2.0!!2!20]&pref=G

One would also like to look at sector strength (probably pretty good right now, but maybe a DWA elf can tell us more). Market looks shaky to me, so your actions are likely going to depend more on how much cash you have than anything else. The punch that the market took after New Year's was pretty solid, but I can't really say that the bull is over, just that the risk looks much higher to me.



To: Galirayo who wrote (6493)1/18/2005 4:36:54 AM
From: Ditchdigger  Read Replies (1) | Respond to of 23958
 
good golly you fella's have been busy this holiday weekend<g>..Appeared to be pretty busy here in ski town USA. Was talking to the "beerman" (Miller delivery driver), he said sales in stores have been good, but restaurant sales have been slower than last year..a little belt tightening?
Oil up strongly, usd/euro continuing it's show of strength (before reversing 1.28-1.29?)..Eurozone not going to like the double whammy of a lower euro and higher oil.

Cold here, -4 this morning, and appears it's going to be a chilly, at least normal temp week..how far will oil run? New high? $60/brl? I can smell the heating oil fumes in the air<g>. Or is that high priced diesel,,this is gona hurt..already diesel is at 2.35/gal, might crack 2.50 on this run.ouch.

If the gamblers can push the Naz higher for a second day, I'll begin again building short.
(Bio's are interesting though, maybe we'll see cheaper bananas)