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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: zigzagman who wrote (38864)	3/1/2009 6:59:23 PM
From: catou1	Read Replies (1) \| Respond to of 207796

zigzagman: great analyses thank you

To: zigzagman who wrote (38864)	3/1/2009 7:12:08 PM
From: kapex	Read Replies (1) \| Respond to of 207796

One mans trash is another mans treasure. Take a look at the indu chart he posted. Where he only sees more negativity I see everyone of those indicators diverging, including the macd from it's minor low earlier in the week. The rest of them are making higher lows while the indu is lower. To me, that is what i want to see. Coupled, of course, with lots of bearish prognostications. As for the financial landscape.....it's as negative as it could possibly be. The market could most definitely shit the bed this week and plunge big time. Then again....

To: zigzagman who wrote (38864)	3/1/2009 8:59:01 PM
From: Turbodiesel	Read Replies (2) \| Respond to of 207796

you need to look at the DOW monthly chart.... it's WAY oversold....

To: zigzagman who wrote (38864)	3/7/2009 11:17:57 AM
From: zigzagman	1 Recommendation Read Replies (2) \| Respond to of 207796

If you watched the Video Charts I posted last weekend...(link back) My call for the $DJIA to drop to 6000-6500 was right on the money! ;^)) The $SPX didn't quite hit the 600-650 I called for, but it still might... I'm working on the end of the week analysis for both charts right now, and I feel a bounce might be coming, but I haven't done all the DD I always do before making a decision... It's funny, but someone sent me a PM last weekend on IHUB saying I'd better stop posting bearish comments on this board or the chief would ban me...If this is true, that's really sad...If you can't handle the truth, and read the charts and the news correctly, you can really lose a lot of money in a very short period of time in this market...I feel like I do a public service to post what I do in an effort to help people make money, and keep them from going the wrong way with their trades that are against the trend...Remember...The Trend is your FRIEND!... BTW...I made a KILLING playing SDS last week!!!...And I sold all my positions on Friday...I'm looking for the banking/financial sector to have a good week next week, and my picks are: FAS, $BKX, and SSO...