Al_Dente wrote:Relative strength
The OEX drop is unusual
It may be the asset-allocation portfolios divesting some stocks for quarter-end
They have until Friday to re-balance
925relative.png
OEF ex dividend effect
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
From the excellent Kirk Report: "I asked members to send me any bearish charts they are watching and my inbox was literally flooded with hundreds of responses mostly of which all argue that the market is forming a significant top. If that is true, rest assure this will be the one market top that everyone seems to have predicted well in advance. In my 20 years of experience, significant and lasting market tops rarely are formed when everyone thinks they already see one. It is when no one thinks the market is at a top when things are usually the most dangerous."
absolutely no big pullback here otherwise it'd be 3 push up instead of possible ascending triangle.
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I'm going to see eye doctor in the next couple of hours, I'm prepared to wait there for 4 hours (what's the point for appointment then?). I'll bring my laptop but the update would be far less. sorry guys.
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Cobra wrote:I'm going to see eye doctor in the next couple of hours, I'm prepared to wait there for 4 hours (what's the point for appointment then?). I'll bring my laptop but the update would be far less. sorry guys.
Have fun USA is pushing hard for your health care.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente wrote:Relative strength
The OEX drop is unusual
It may be the asset-allocation portfolios divesting some stocks for quarter-end
They have until Friday to re-balance
The attachment 925relative.png is no longer available
OEF ex dividend effect
Ah, thanks
If I switch from OEF to the $OEX it now looks normal
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
so far I don't like price action here, hopefully the ema20 blue line could hold.
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Al_Dente wrote:Relative strength
The OEX drop is unusual
It may be the asset-allocation portfolios divesting some stocks for quarter-end
They have until Friday to re-balance
925relative.png
I think with three day trade settlement, some of the quarter-end window dressing happens today.
Cobra wrote:I'm going to see eye doctor in the next couple of hours, I'm prepared to wait there for 4 hours (what's the point for appointment then?). I'll bring my laptop but the update would be far less. sorry guys.
Cobra, it just a tip if you need to increase the font on your laptop... press and hold Ctrl and press + , this make your eyes easier to see...
Al_Dente wrote:Relative strength
The OEX drop is unusual
It may be the asset-allocation portfolios divesting some stocks for quarter-end
They have until Friday to re-balance
925relative.png
I think with three day trade settlement, some of the quarter-end window dressing happens today.
Thanks mr bach
hmmmm I thought it was trade date not settlement date that counted
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.