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I'm going out on a limb to say we have an up day today to confirm the VXN buy signal.
Also, a reminder that MACD on NATV:NATV is one of the lowest readings in history. All cases were bullish in the last 20 years, and there were only 6 other occasions. Note also that one happened right before the "internet explosion" of 1998-1999, so the gains here could be phenomenal. I'm not going to make the claim that it will be like that, but even any of the other cases were really great long opportunities.
Yesterday, besides being a major accumulation day, was also a famed "TRIN signal bar". This is something I invented which has a good track record at appearing right at the bottom of huge moves up in the market. Note the last time it happened.
too stretched, so should be a pullback first then we'll see.
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cletus wrote:I'm going out on a limb to say we have an up day today to confirm the VXN buy signal.
Also, a reminder that MACD on NATV:NATV is one of the lowest readings in history. All cases were bullish in the last 20 years, and there were only 6 other occasions. Note also that one happened right before the "internet explosion" of 1998-1999, so the gains here could be phenomenal. I'm not going to make the claim that it will be like that, but even any of the other cases were really great long opportunities.
What's the time frame? A week or a month or longer?
For those blindfolded by prejudice...
this is all cryptic...
For all others this means money... (up > 9% so far and going)
Time to submit an apology expired...you just paid the fine...
The underworld warns all those who were disrespectful of poster's contributions...to never ever look back on FG's posts...else...
(Never ever underestimate the power of The underworld..The underworld doesn't tolerate disrespect of its envoy's)
FlowerGirl wrote:For those blindfolded by prejudice...
...
Time to submit an apology expired...you just paid the fine...
... The underworld warns all those who were disrespectful of poster's contributions...to never ever look back on FG's posts...else...
(Never ever underestimate the power of The underworld..The underworld doesn't tolerate disrespect of its envoy's)
Haughty, and with a not-so-veiled threat?
If you have perceived any of my posts as disrespectful, well, they were not.
It's okay friend, we'll know soon, very soon, what's going on. RUT is struggling. This is interesting. If the market just plunged later today or tomorrow, so many people would be screwed... all the shorts that quit and all the new bulls... breadth was great yesterday, lots of fresh money at relative highs.
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