Bullfighter

There's a Bull Lurking

That's a bunch of crap. So we bounced off a prominent low. A true bull market is seen when the 13 week EMA crosses the 34 week ema.

Where's the 34 ? 1100

Where's the 13? 977

We have been on a weekly sell ever since the 13 EMA crossed the 34 ema in December 2008.

Percentages don't mean a thing.

Not once has the 13 week ema crossed back through the 34 week ema since we began to slide.

Last Thursday Was the Bottom - It's Time to Get Back in

Just a corrective move up after a public liquidation. Nothing more. 20 % up in 5 days.

Not much more upside left. Stock pimpers bid it up to get out.


On Nov 28 08:41 AM Jim Hawthorne wrote:

> ^^Shakeout??? You call this past year a shakeout???^^
>
> Something here has hit bottom, that's a fact, but it may not be the
> market!
>
> If you've been long the stocks you're recommending (BAC, C, HERO
> and DRYS) for more than a week or so, then your post is most disingenuous.
> Either way, your investment strategy appears to revolve around HOPE
> and little else.
>
> Market bottoms are processes more than they are singular events.
> This is a time for nibbles rather than big bites, and nimble, disciplined
> trading with a very watchful eye on risk management and capital preservation!
>
>
> Jeremy Siegel's BUY & HOLD strategy and the research that supports
> it belong to the last bull market that came to an end with the 1998-2000
> topping processes. You'll have a very tough time convincing many
> folks here that BUY & HOLD in a post 1999 investing world is
> much of an investing strategy. Even your friend Jeremy has begun
> to backtrack!

The Stock Market Is Not the U.S. Economy

Market Structure is more important than the headlines. We are in a weekly ABC down with much lower targets. 667 very likely.


On Nov 14 07:39 AM prudentinvestor wrote:

> Good points, but you state that ".....What’s key to remember is that
> the market has already discounted much of the bad news you’re going
> to read about. That’s why the major indexes are down more than 35%
> this year...".
>
> Down 35% off a bubble high is not quite the same like being down
> 35% off a what was initially a rational valuation.
>
> As the economy and the market return to reality after Greenspan's
> & Bernanke's wild parties, I doubt that we will see a major upside
> as we got accustomed to during the era of the Great Bubbles.

John Hussman: Preparing for Extreme Possibilities

Blah blah blah......useless.

13 week ema needs to cross teh 34 week ema from under neath the 34.

Wake me when it's time to stop shorting.