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Smart money is net short --- is that a bearish signal?Cobra wrote:Smart money are net short.
Yes, it's bearish sign.giggleeyes wrote:Smart money is net short --- is that a bearish signal?Cobra wrote:Smart money are net short.
It's very very bullish statistically. The following back test was made on 04/21/2011.knock wrote:Nasdaq weekly has bullish engulfing. Opinion?
Mr. BachnutMr. BachNut wrote:I have seen some previous posts concerning Lindsey's three peaks and a domed house pattern.
I was just looking at Bulkowski's piece on this pattern (http://thepatternsite.com/3peaksdome.html) and he says the move from point 14 to 23 (the highest high of the pattern) lasts 7 months and 8-10 days. That timing seems overly precise to me but... if you place point 14 at the October low, it appears point 23 would land somewhere between May 12-15. So, this could be interesting to watch. I don't know where Bulkowski came up with that timing. Are there any Lindsey experts out there who have experience with the pattern or who would have a view on this?