THANKS TRADERGIRL AND CLARK
even Abelson is bull gold, oy
I forget if he is historically a leading indicator or a great contrary signal
Anyone remember?
[sorry i won’t link his last barron’s column, as it is loaded with politics]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Last half hour. Google finance thirty minute setting on SPX shows mostly down since Aug 21st. Do we repeat history? We already have many days of closes near 0% change. Maybe a couple more.
BlackThought wrote:Romney said he is planning to replace Bernanke if he wins the presidential election. Bernanke will perhaps ramp the market higher into election to protect his job?
still fighting resistance. 23min to close anything could happen. I'm neutral.
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Bman69 wrote:Any thoughts on BPT from the very educated crew here?
Thanks in advance.
Nice fundamentals but price to book ratio is too high. I suppose the market should retrace to the upside. It's too oversold short-term. If you go in, good luck.
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TraderGirl wrote:Looks like a (iii) of iii, so could bounce but more down...but if something other than earnings...then, the story might change....and jump up...???
Actually, in 3rd of 3rd of 3rd, broke below potential channel...backtest, and more down...???
well, guess that's it for today. I see put call ratio surges, so probably people are hedging risks. tomorrow might be another boring day. thank you guys, I'll see you tomorrow.
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