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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 (8576)	8/11/2010 10:21:03 AM
From: fred woodall	Read Replies (1) \| Respond to of 218715

Spent too much time listening to the noise while ignoring what works. Worthless volume, broke a major trendline on the S&P yesterday from July. Then we have reality, Message 26728040 Bulls case; Buying into the equity market just because there isn’t no place to put money isn’t going to work. Print and more printing is bullish for the market. Says who? Notice the similarity of these two charts? Left is 1929, right is present day. premium.afraidtotrade.com I stopped reading the Wall Street Journal last week as it just seemed to bearish. Big mistake! Going to take a break as trading rules will not allow entry at this point. Get my mind right and get back to doing what works.