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.
Friday, 18 January 2013
Dow
I feel upside is probably limited here but we could churn sideways before the big move some are expecting
Check out this killer chart to complement yours: http://imagehost.vendio.com/a/905774/view/Jan192013RATIOTWO.png From Short Takes http://ciovaccocapital.com/wordpress/index.php/stock-market-us/some-short-term-concerns-remain-for-stocks/
Am inclined to agree HD thanks for the links. March tends to be very important month for Dax so I wonder if we could have a lot of volatility till then,then plunge in March,3 years from the low or maybe its a lower high. In theory all those highs from 7200-7500 in the Dax are now support :-)
It will be big, and it will be down. :-)
ReplyDeleteCheck out this killer chart to complement yours:
http://imagehost.vendio.com/a/905774/view/Jan192013RATIOTWO.png
From Short Takes
http://ciovaccocapital.com/wordpress/index.php/stock-market-us/some-short-term-concerns-remain-for-stocks/
Am inclined to agree HD thanks for the links. March tends to be very important month for Dax so I wonder if we could have a lot of volatility till then,then plunge in March,3 years from the low or maybe its a lower high. In theory all those highs from 7200-7500 in the Dax are now support :-)
ReplyDeletesorry I meant HR :-)
ReplyDelete