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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (3590)5/6/2010 8:13:04 PM
From: Real Man  Read Replies (1) | Respond to of 220491
 
If we are right, even double digit Spoos are a possibility.
SHTF are serious financial quakes, and the one we are facing
is global -ng-



To: GROUND ZERO™ who wrote (3590)5/7/2010 10:05:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 220491
 
Today, the market issued a warning of the Hindenburg Syndrome, i.e., a huge spike in volume and significantly more new lows, among other things... this typically marks a major change in trend... if we do re-test today's 1060 low, then I suspect we'll probably break below 1000 and end up in a triple digit market once again... the market may not crash again, but the warning signs are clearly there...<ng>

See chart #2 at May 6 Was Biggest DOW Decline in History

There is a lot of finger pointing in the news about who to blame for this decline but that chart of the DOW year-to-date shows the market found a bid at its February closing low.