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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday, 8 October 2011

Gotta love those dojis !

I have marked in some of the dojis on the Dow chart for the last few months.Dojis mark indecision as the narrow range reflects equally matched buying and selling pressure.Weakness the next day is often a good sell signal.



2 comments:

  1. That observations is very simple yet elegant. Probably much like you CR. lol

    How've you been my elegant friend? I enjoy chatting with you but you never stick around long enough to chat. I've started go get ever so slightly active once again at Seeking Alpha. At one time I was in the top 20 commenters on that site but I've backed waaaay off once it was proven they don't support work that is based on technical analysis.

    Yet one of the best places to chat more privately is probably on one of my own instas at Seeking Alpha. They're kind of like my own blog but not exactly the same thing. But they're generally pretty quiet rooms where the only people who show up are the ones who want to either read an article or members of a fairly small circle of friends. I also have a great big troll gun there to deal with the disturbers of my peace, lol. Haven't had to use it yet... not even close. I'm not sure if you're a member of SA but it also has a terrific private messaging system. There's a great crowd at Danno's site, but sometimes it gets a bit too noisy for me. That's probably my own fault since I'm one of the noisiest people there. That site would quiet down a bit if I backed off and I think I'll do that for a while. I'd imagine the noise is why you don't hang out there much. I know of a couple of other sites where you can be found but I don't feel like I have much in common with the vast majority of the participants at those, so I won't be seeing you there, lol.

    Thanks for the observation above, and I hope you're enjoying a great weekend. I'll save some Tanksgiving turkey for ya.

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  2. Hey AR...I like my turkey medium rare...lol Good to hear from you...simple yes...elegant ?...absolutely...one might even say debonair ! I have just bought a smartphone and I am so simple I dont know how to use it...technology is great ! I will try and check out your site.There are some great people on Dino's site(and Col's) but i understand where you're coming from.I actually feel that when you are trading being active on a site can be distracting...am trying to be more focussed on my own analysis ! Good luck my friend!

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