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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (6984)3/14/2012 7:22:58 AM
From: Boca_PETE  Read Replies (1) | Respond to of 10065
 
I2, What are your thoughts about the low level of volume supporting the impressive rally?

P



To: Investor2 who wrote (6984)3/14/2012 10:24:19 AM
From: DD™  Read Replies (1) | Respond to of 10065
 
In addition, it looks as though yesterday was a breakout from a completed handle, the final stage of the bullish cup-with-handle formation.

DD™



To: Investor2 who wrote (6984)3/14/2012 4:56:44 PM
From: Justa Werkenstiff1 Recommendation  Read Replies (1) | Respond to of 10065
 
Hi I2:

I don't think this market move is inconsistent with a topping process.

I'm long the Vix as planned. Was that 13.99 print the other day the lowest since June 2007? Did similar spike downs indicate the area of market top during the time frame from 2007 until now? Is this time different?

Market entertainment at its best ;)

Best,

Justa



To: Investor2 who wrote (6984)9/7/2012 6:16:53 PM
From: DD™1 Recommendation  Read Replies (2) | Respond to of 10065
 
6 months later, and equities have formed yet another bullish cup-with-handle. This weeks advance completes the bullish handle phase of the formation; yesterdays advance also occurred on heavier trading volume, a very bullish event.

http://ibdtv.investors.com/market-wrap/624829-ibd-market-wrap-090612.aspx

DD®