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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 (45316)2/5/2013 7:35:50 AM
From: Vendit™  Read Replies (1) | Respond to of 220820
 
Good luck. Nothing about the previously posted chart is positive.

A dead cat bounce today perhaps. How high can a dead cat bounce?

>g<



To: GROUND ZERO™ who wrote (45316)2/5/2013 7:48:14 AM
From: Vendit™1 Recommendation  Read Replies (2) | Respond to of 220820
 
This is a 3 year weekly view of the same indicators. A close on Friday below 1518.35 will confirm the longer term down trend.




To: GROUND ZERO™ who wrote (45316)2/5/2013 8:30:42 AM
From: robert b furman  Read Replies (1) | Respond to of 220820
 
Hi GZ,

I think the Macd that Vendit's chart shows says a lot.

This also may well be one of those turning points where your model often results in whip lash.

I need not say you should be nimble here - I simply look up wikipedia and look at your picture under the word nimble .

I think we are at best in a scalping zone - I have been wrong before.

Best of trades I'm a looker here not a trader.

Bob


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