ken_d17 wrote:I have the idea that "reverse window dressing" exists. Window dressing is about the pro's getting their bonuses --- exceeding goal. In bad months, why not kill it to give next month a better chance?
Close at the lows ???
Not closing at the lows gives a better chance of a gap down
From what I can read, P&F is designed for long term, rather than short term moves, looks like there may not be enough data here to determine a true "trend" as of yet...
Looks like resistance at $12 and support around $8 on the P&F...which is what a normal chart says as well....
From what I can read, P&F is designed for long term, rather than short term moves, looks like there may not be enough data here to determine a true "trend" as of yet...
Looks like resistance at $12 and support around $8 on the P&F...which is what a normal chart says as well....
Yeah, I can't beat the machines at short-term movement so I go for intermediate-term/long-term.
Also -- I have been seeing positive divergence on the MACDs for GDX and NUGT.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
looks like we'll have a strong close but it doesn't change the fact it's a bear flag on the spy 60 min chart.
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well, guess that's it for today, I don't know tomorrow but the big picture I've already given my opinion. Thank you guys, I'll see you tomorrow.
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