FYI...I've been studying DeMark Indicators...not sure if anyone uses or cares but... SPY - TD SEQUENTIAL TD SELL SETUP completed 3/31/2011. TD SELL COUNTDOWN is in progress with today being BAR 2 of 13 if CLOSE >= HIGH 2 days earlier. (132.96) - Only count bars that match the above criteria. - Cance...
I'm a trapped short so take my post with a grain of salt. :) Looking at this chart, it's hard to imagine being a buyer at these levels. Especially considering the glaring resemblance to Feb 18th. http://img215.imageshack.us/img215/8491/tnaw.png You could also say today looks like December 7, 2010. ...
Some food to think about.. The jobs report was good but the whole job/labor pool too much debt + low comsumers = no good not bennefit in the long run, high debt payments and homeless in the street. who will buy anything with no jobs. How much debt does aapl have? How many billions have they made? H...
Does the weakness in SMH mean anything going forward? Seems to be the only sector not participating today? Also, I'm new to EWT but does anyone else think this is the completion of a wave 5 starting from 3/16? Fib levels seems to match up pretty well from 1249 to 1338. Thanks to everyone for great c...
Am I crazy to think I should hold my short position overnight? (Currently sitting +0.02%) What are the odds tomorrow is a large gap up and run? What is everyone thinking at this point? Let's say, why tomorrow gap up huge? The unemployment rate drops below 8%? Well, good news, so gap up huge, but wa...