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.
stockyard262 here; happy new year and thanks for your efforts...i don't see many posters but i hope you continue your blog cause i follow your charts regularly. looks like you expecting ugly jan. as am i at least first half..maybe more. thanks again
Thanks. Yes today's rally is disconcerting but extreme volatility was always a high possibility given the "Cliff debate".The Fed is still pumping so i am really cautious but I still read the US charts as "toppy" and suspect 2013 will not be a good year for earnings.I will feel more comfortable when i get a sell signal on the Dax, Happy new Year !
stockyard262 here;
ReplyDeletehappy new year and thanks for your efforts...i don't see many posters but i hope you continue your blog cause i follow your charts regularly. looks like you expecting ugly jan. as am i at least first half..maybe more. thanks again
Thanks. Yes today's rally is disconcerting but extreme volatility was always a high possibility given the "Cliff debate".The Fed is still pumping so i am really cautious but I still read the US charts as "toppy" and suspect 2013 will not be a good year for earnings.I will feel more comfortable when i get a sell signal on the Dax, Happy new Year !
DeleteNice draw trend lines on the charts thanks.
ReplyDeleteIntraday Nifty Tips