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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 (9324)8/31/2010 8:50:14 AM
From: giddy guru  Read Replies (2) | Respond to of 218730
 
This market is brutal on either side. Instead of a continuous trend, it oscillates back and forth and grabs the money from those who jump in early long or short. Tight stop is the survival tip.

May be the direction will be resolved in Sep, once the volume comes to the market. Bond market already figured out recession or depression. Usually consensus is wrong. Lets see.



To: GROUND ZERO™ who wrote (9324)8/31/2010 9:44:05 AM
From: Chip McVickar  Read Replies (1) | Respond to of 218730
 
Gap down was mild...

still believe it will be closed and the day will close modestly up... big-boys of the big-houses are all on vacation... subs are required to hold the market.

secondly... trading activity and therefore the chart patterns have been altered somewhat with the loss of hands on market makers... volatility is nothing new, but perhaps the consistant swings at larger numbers is...

after the time gap we'll see 1000 challenged and gaps closed around the lows in sept 2009



To: GROUND ZERO™ who wrote (9324)8/31/2010 10:53:28 AM
From: Wayners  Read Replies (2) | Respond to of 218730
 
I think it will break too, just not today.