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.
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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
AGAIN SOME INTERESTING CHARTS TO VIEW AND TO ANALIESE .
I HAVE SEEN A NOT TO COMMON EVENT TODAY IN THE FOLLOWING MAJOR INDEX'S . INDU, SPX 500, NYSE AND THE COMPQ , AND THE $RUT 2000.
THESE ALL MADE AN OUTSIDE DAY TO THE DOWN SIDE , BY MOVING HIGHER AND CLOSING LOWER THAT THE PREVIOUS DAY HIGH'S AND LOW'S , WITH HIGHER VOLUME IN EACH OF THE 4 MAJOR INDEX'S.
THE NASDAQ 100 DID NOT NOT CLOSE LOWER THAN THE PREVIOUS DAY CLOSE , BUT THE VOLUME WAS HIGHER .
THESE COULD BE A SHORT TERM PULL BACK SIGNAL THAT MIGHT LAST A WEEK OR SO . IT IS ABOUT 75 TO 80 % OF THE TIME A SHORT TERM SIGNAL .
THAT'S MY 2 CENT'S WORTH .
ALL THE VERY BEST TO YOU C R AND TO ALL OF YOUR FINE COMMENTATORS . D-KNOX .
Ahh, always good to see Paul & Bernanke! The good Mr Paul, even bringing out a silver coin. Benny must have been furious inside.
ReplyDeleteSo...Benny claims he does his own shopping...hmm. I guess he pays with the Bernanke Buxs.
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HELLO C R ;
ReplyDeleteAGAIN SOME INTERESTING CHARTS TO VIEW AND TO ANALIESE .
I HAVE SEEN A NOT TO COMMON EVENT TODAY IN THE FOLLOWING MAJOR INDEX'S . INDU, SPX 500, NYSE AND THE COMPQ , AND THE $RUT 2000.
THESE ALL MADE AN OUTSIDE DAY TO THE DOWN SIDE , BY MOVING HIGHER AND CLOSING LOWER THAT THE PREVIOUS DAY HIGH'S AND LOW'S , WITH HIGHER VOLUME IN EACH OF THE 4 MAJOR INDEX'S.
THE NASDAQ 100 DID NOT NOT CLOSE LOWER THAN THE PREVIOUS DAY CLOSE , BUT THE VOLUME WAS HIGHER .
THESE COULD BE A SHORT TERM PULL BACK SIGNAL THAT MIGHT LAST A WEEK OR SO . IT IS ABOUT 75 TO 80 % OF THE TIME A SHORT TERM SIGNAL .
THAT'S MY 2 CENT'S WORTH .
ALL THE VERY BEST TO YOU C R AND TO ALL OF
YOUR FINE COMMENTATORS . D-KNOX .
Thanks DKnox,yes I noticed the outside day.Was hoping we might see some followthrough today !
ReplyDelete