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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (88464)7/2/2009 10:03:26 AM
From: fred woodall  Read Replies (1) | Respond to of 94695
 
Yesterday's ramp up had me wine drunk before noon. Now the big question for today is. Hold or try and ride it out for a major down leg?



To: GROUND ZERO™ who wrote (88464)7/2/2009 10:04:27 AM
From: Follies8 Recommendations  Read Replies (1) | Respond to of 94695
 
I doubt we'll see a recovery and new highs any time soon... (famous last words)...<g>

Just wait 'til after lunch, GZ will change his mind and be long and short twice in the mean time. :-)



To: GROUND ZERO™ who wrote (88464)7/2/2009 10:16:38 AM
From: y2kate  Read Replies (1) | Respond to of 94695
 
There's been a recent bearish MA crossover on the Nasdaq put call ratio--which has been bullish since mid-March--another bearish crossover on the Nasdaq summation index. Do you track those?

Wondering about the nature of this particular sell signal---it must negate the two buy signals in one day that you wrote about recently?

No temptation at all to buy the dip, then?? It sure does look ugly now...

Kate



To: GROUND ZERO™ who wrote (88464)7/2/2009 1:18:24 PM
From: HammerHead  Read Replies (3) | Respond to of 94695
 
The banking sector is weak again for some reasons, I hope to pick up a lot after this down correction. <g>