SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (267475)8/9/2010 10:29:26 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Chart of the Day # 2: Daily HUI



Still unable to close above that uptrend line, even with the POG looking better. I'm holding off on any big dirt longs until that happens.



To: patron_anejo_por_favor who wrote (267475)8/9/2010 11:49:14 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
I don't use charts
Base trading mostly on memory and occasionally check charts to confirm
When DOW was below 10k again, I considering positioning for another trip to 10,800. But I figured with the growing headwinds, there was NO way they could take it back there
I was wrong and here we are 1000 points higher again.
Now the DOW looks to have returned to Jan levels, with a still weaker economic outlook. How long can that hold? A few more weeks at most. Being long here is suicide.