A few days ago CNBC commentators were yapping about pullback to 1300 than they would buy.My comment was we will see 1400 very soon.Now on CNBC they are all saying buy buy buy....
Petsamo wrote:For da bears, my unreliable spreadsheet, which has been reliable lately, is indicating a gap down tomorrow.
Darn, I increased my long exposure ...
No I think your spreadsheet is reliable for tomorrow. The zig zag today is not done and didn't even retrace 23.6% so chances are we have to break 23.6% if not 38.2%. I can't wait to buy the god damn dip at 1375/76.
johnnywa wrote:A few days ago CNBC commentators were yapping about pullback to 1300 than they would buy.My comment was we will see 1400 very soon.Now on CNBC they are all saying buy buy buy....
Mark Haynes (the only good part of that show...RIP) was a lawyer. Steve, the economics guy, has a degree in journalism. What is CNBC? George Carlin would say, "A government arm of just the right amount of BULLSHIT!"
I drew an AAPL chart with tradeable trendlines. It looks like there were some good trades that also have us at the top of an Andrews Pitchfork suggesting a top.
I drew an AAPL chart with tradeable trendlines. It looks like there were some good trades that also have us at the top of an Andrews Pitchfork suggesting a top.
Thnx for your input!
___________________________________________________________ Bull vs. Bear sentiment, DAX & SPX cycle theory @ http://traders.fi