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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (87301)7/9/2010 3:00:58 PM
From: chartseer  Respond to of 224728
 
oh bummer! It may be the fourth if it closes higher. Look at the PnF chart I posted and see the red line connecting the tops? That is the new "Those chicago politicians in the white house running and ruining the economy new bear market". It is said the market forecasts the economic conditions six to nine months in advance which means that this bear market is the forecast of the coming year beginning in January. Read the chart and weep. "It is the economy stupid!" I don't recall how long bear markets usually run but it is going to consume some time and affect elections.

Here i will post it for you again!

stockcharts.com

Don't worry! Be happy!

the stupid hopeless comrade chartseer in the new era of the new "those chicago politicians in the white house running and ruining the economy bear market"



To: Kenneth E. Phillipps who wrote (87301)7/9/2010 4:14:36 PM
From: chartseer  Read Replies (2) | Respond to of 224728
 
oh bummer! Market closed up again today for the fourth day in a row. Now what do you find more impressive the fact that the market moved up for four days in a row or the PnF chart of the Dow Jones Industrial Average which shows a new downtrend has been started? A clear characteristic of a bear market is it's violent sharp rallies caused by the bears being rattled and rushing to cover their short positions. Sell the rallies. Don't buy the dips because the next one will be even lower. Chart refects the disasterious new year and what it has instore for the country's taxpayers and it's effect the economy. "The chicago politicians in the white house who are running and ruining the country bear market of 2010."

The stupid hopeless comrade chartser in the new era of the new downtrend of those chicago politicians in the white house running and ruining the country and it's economy