This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Wednesday, 29 September 2010
S&P
The market feels like it is very close to a top but keeps levitating on Fed POMO injections and hopes of further QE.1158 is a possible target if it breaks 1150.
your charts are great, but I really despise the fact that you analysts must put arrows to show an anticipated direction...when you really have no clue in this casino game.
To be fair I don't put arrows on my charts that often and usually I add a question mark - I forgot the question mark in this case !I think we turn down hard and soon...but I have been wrong before,Hopefully technical analysis can help us delineate the decision levels so we know when we are wrong.Glad you like the charts.
your charts are great, but I really despise the fact that you analysts must put arrows to show an anticipated direction...when you really have no clue in this casino game.
ReplyDeleteTo be fair I don't put arrows on my charts that often and usually I add a question mark - I forgot the question mark in this case !I think we turn down hard and soon...but I have been wrong before,Hopefully technical analysis can help us delineate the decision levels so we know when we are wrong.Glad you like the charts.
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