Stock Markets Nearing Important Bottom [View article]
Good work-but K, this will be a short rally. Gale is close to right on. Banks won't even lend to other banks. In fact they say not to buy (our stock)for at least 18 months-they are not buying back their own shares yet! Why?
Dow's Next Move: A Technical and Fundamental Look [View article]
Trader 717, I like your stuff. But me thinks this chart should go back to 1998 when you see we are still in a bubble/bear-who cares about new highs when the cycle runs 17 yrs on average.
The balls bounce, so play the bounce. Buy and hold only works going up. Trading works going both ways.
Stock Markets Nearing Important Bottom [View article]
Dow's Next Move: A Technical and Fundamental Look [View article]
I like your stuff.
But me thinks this chart should go back to 1998 when you see we are still in a bubble/bear-who cares about new highs when the cycle runs 17 yrs on average.
The balls bounce, so play the bounce. Buy and hold only works going up. Trading works going both ways.
Play the averages-base hits baby!