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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 (5498)6/8/2010 5:48:56 PM
From: robert b furman  Read Replies (2) | Respond to of 223506
 
Hi GZ that last half hour was a nice surprise and seemed to run strong - Let's hope so.

Here's a possible Ewave read:

screencast.com

Bob



To: GROUND ZERO™ who wrote (5498)6/8/2010 6:23:00 PM
From: voodooist  Read Replies (1) | Respond to of 223506
 
GZ, does your model care at all about the A/D line? A huge percentage of the 300 or so stocks that I watch on my streaming quotes, from a variety of sectors, were red still even with Dow up 100. Should that be a concern? Maybe I am watching the wrong 300 <ng> Luckily I only own about 3% of them, of which half were green.



To: GROUND ZERO™ who wrote (5498)6/8/2010 6:57:19 PM
From: Gary1051 Recommendation  Read Replies (1) | Respond to of 223506
 
GZ. Good luck but I'm still very leery. Despite strong up day, down volume dwarfed up volume. P&F charts would need much larger upmoves to signal buy. I think today was a headfake for further downmove. BWDIK



To: GROUND ZERO™ who wrote (5498)6/8/2010 7:03:06 PM
From: robert b furman1 Recommendation  Read Replies (1) | Respond to of 223506
 
Several technical reason for a reversal tomorrow:

screencast.com

Already has had a retest and it is on the rebound:

stockcharts.com

Note ADX crossover is imminent !

Can you say May sucked?

stockcharts.com

Now that's a higher low and a reversal to boot!

stockcharts.com

I say your Buy signal should squeeze a greedy bear or two!

Bob