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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 (11743)10/25/2010 8:10:29 PM
From: TraderMann  Read Replies (2) | Respond to of 220773
 
I still see us pulling back to at least 1150 before the blast upward (I know that repeat sounds old, but I see it 1st before a huge blastoff). I am still overall bullish and feel that by 1st quarter of 2011 we will be well over 1250, maybe 1300. But just a healthy pullback 1st. The part of my short positions I made a spread near the close today I now feel were premature after looking at the charts and reviewing TA this evening.



To: GROUND ZERO™ who wrote (11743)10/25/2010 10:24:25 PM
From: Hawk  Read Replies (1) | Respond to of 220773
 
Don't bother with technical or fundamental analysis, follow the Fed. Goldman told them they needed to print $4 trillion, You know Bernie will obey. Dent's Dow 30,000 seems to be conservative now, but of course your money will be worthless, so who cares. Follow the Fed they print, they POMO, you buy. Simple really.



To: GROUND ZERO™ who wrote (11743)10/26/2010 12:14:44 AM
From: Chip McVickar  Read Replies (3) | Respond to of 220773
 
mondays bar was a reversal bar... but not a key reversal day...

when using candle sticks... it's called a "Cherry Bomb"... that's my definition.. chart wizzards probably call it a someth'n else...

high percentage of follow through on this bar... might be good for a week or two down... with a cherry bomb...!!!

note:
this candle is a shooting star... not my "cherry bomb" that closes in the negative... but this star is still bearish