Back to www.cobrasmarketview.com |
What is a ‘high time frame’?Trades with cats wrote:OK I found the more sophisticated language for what is going on (thank you Stock Board Assets )
A high time frame investor is liquidating tech assets. The event happened to coincide with Chair Yellen's testimony.
That daily chart pointing straight down would wait a few days until the smoke clears before a move is takente_fern wrote:Looking at a daily chart the Semi's are almost down to their 50 DMA. Will it hold the fall??
Trades with cats wrote:Pasta Boss, Thanks to you I looked at UNH. Sure looks like hedge fund bate. Taking their pile of cash from Obama care and funding jargon rich tech start-ups that will revolutionize health care.
I have a son in law who is a well published PhD in computational biology (big data DNA analysis). Last time he was looking he interviewed with a couple of those medical data start-ups. Always got down to the same thing, a guy who had cashed out a startup and was looking for the next big thing. Lots of jargon and slogans, zero results and no real products. Not saying UNH will be funding that type, but I am saying there are a lot of tech hustlers out there in the medical field these days.