Tho Dow ended the day just 6 points below the 50 period MA. That's close enough for me to say it is sitting on support. Nasdaq and SP 500 both crashed through their 50 period MAs. Both however ended the day in areas of support. Based on all this information I'm going to amend the statement of the guy on PBS to. Some stocks will go up and some will go down.
I'm wondering how many of those Fridays were the last trading day of the month. If I were a betting man, I'd bet the Mutual Funds were dumping. But, in no way was this the only reason for the drop.
Analysts at Most Bullish Level in Two Years [View article]
You're missing the point. It is one thing to have company A to have a positive revision: but, when positive revisions are 16% greater than negative revisions, something is up.
Economy Might Suffer, But That Won't Prevent a Stock Rally [View article]
"stocks are oversold" NYMO indicates they are, at least short term. Ok, just crossing into oversold territory.
On Aug 12 05:41 AM Maxe Paul wrote:
> "I think that we are going to have a huge bull market next several > years" > > "stocks are oversold" > > And if we can finish with one of your openning quotes, " I was wrong"
Market Cycles: A Look at the Historical Evidence [View article]
Yes he had a point. Many people can't see the forest for the trees. Or, perhaps in this case they can't see the trees for the forest.
Many investors become so concerned with the big picture they fail to see smaller positive opprotunities within the larger negative trend. Little cycles inside bigger cycles.
I don't care if the current up trend is a dead cat bounce, a suckers rally or the beginning of a new bull. It has been a very profitable cycle within a cycle.
On Aug 06 01:41 PM whidbey wrote:
> Did you have a point? > > Cycles are useless or in any case determine little or nothing? <br/> > > We, the unwashed, are happy that you are happy, but your review of > cycles leads only the fact that you have your preferences and you > follow them. > > Too much public naval watching for most of us.
Down Fridays [View article]
Down Fridays [View article]
I'm wondering how many of those Fridays were the last trading day of the month. If I were a betting man, I'd bet the Mutual Funds were dumping. But, in no way was this the only reason for the drop.
Analysts at Most Bullish Level in Two Years [View article]
On Oct 07 06:02 PM Wildebeest wrote:
Economy Might Suffer, But That Won't Prevent a Stock Rally [View article]
On Aug 12 05:41 AM Maxe Paul wrote:
> "I think that we are going to have a huge bull market next several
> years"
>
> "stocks are oversold"
>
> And if we can finish with one of your openning quotes, " I was wrong"
Market Cycles: A Look at the Historical Evidence [View article]
Market Cycles: A Look at the Historical Evidence [View article]
Yes he had a point. Many people can't see the forest for the trees. Or, perhaps in this case they can't see the trees for the forest.
Many investors become so concerned with the big picture they fail to see smaller positive opprotunities within the larger negative trend. Little cycles inside bigger cycles.
I don't care if the current up trend is a dead cat bounce, a suckers rally or the beginning of a new bull. It has been a very profitable cycle within a cycle.
On Aug 06 01:41 PM whidbey wrote:
> Did you have a point?
>
> Cycles are useless or in any case determine little or nothing? <br/>
>
> We, the unwashed, are happy that you are happy, but your review of
> cycles leads only the fact that you have your preferences and you
> follow them.
>
> Too much public naval watching for most of us.
More Proof the Bear Rally Is Over [View article]
If you draw your top trend line from the Nov 14th high, you have an ascending traingle. Which is bullish!
All you chartists out there, which is it?
Looking for Hope [View article]
What King of France got beheaded for financially ruining his country?