uempel wrote:TraderLady, it was cheap credit boom. Millions of real estate speculators ran to Spain when democracy finally found its footing and the country joined the European union.
Exactly...irresponsibility...not thinking about the future....
Cobra wrote:fib 61.8% and previous low as resistance and RSP is lagging. maybe we'll see a consolidation or pullback here on a longer time frame.
Cobra:
Is today window-dressing?
I don't believe Window Dressing.
Today's rebound was expected, sooner or later, we all know.
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PGM wrote:Cobra, do you still feel the rebound in ES will eventually fail, or is the pullback over? Thanks.
for now I still think it'd fail.
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i don't know what this is. looks like an ascending triangle but all are Doji, strange.
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most big etfs runs up but MACD hist. didn't turn up, well, wait for one more day. tomorrow follow through will be a good buy? still far from stops on swing sell.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
PGM wrote:Cobra, do you still feel the rebound in ES will eventually fail, or is the pullback over? Thanks.
for now I still think it'd fail.
Beat up stocks that were flying high yesterday (X, WLT, CLF, RIMM, NAV, etc) are doing poorly today. I think EWZ is a good indicator too, and it is dragging