Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Swing Traders
»
What I am watching as swing trades 3
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by BooDog: [QB] Looks like we are very close to our turn. My charts haven't been showing up here when i post so we'll see if I can get a couple links working. Not seeing divergence crossover or anything to get really excited about at the moment imo but the little red line (- divergence) is starting to turn down and there is improvement on the oscillator. I don't see a major stress on any of my indicators which imo will keep volatility fairly even so I'm not expecting any major radical moves. More like a steady reversal to see if the bears will be able to knock out a few bulls at a time. Kinda like when you see a few stocks from yesterdays highs slowly sink so in a few weeks you're kicking yourself for not taking at least some profits off the top. My dow target was 10,700 and we actually hit 10,833. If my bearish turn call is wrong and the dow somehow manages to break back above 10,8 it could change the picture. I'm not seeing much reason (or logic if there is any) to put the "hope" factor for the bulls to keep us going right now without at least some form of a "reset" but I do see this as a good time to be at least more cautious. Just my rambling gibberish opinion. Let me know what you guys think. [URL=http://bigcharts.marketwatch.com/charts/big.chart?frames=1&symb=faz&compidx=aaaaa%3A0&comp=fas&ma=6&maval=9&uf=8&lf=2&lf2=512&lf3=65536&type=4&size=3&state=8&sid=3830866&style=320&time=4&freq=1&mocktick=1]http://bigcharts.marketwatch.com/charts/big.chart?frames=1&symb=faz&compidx=aaaa a%3A0&comp=fas&ma=6&maval=9&uf=8&lf=2&lf2=512&lf3=65536&type=4&size=3&state=8&si d=3830866&style=320&time=4&freq=1&mocktick=1[/URL] [URL=http://bigcharts.marketwatch.com/charts/big.chart?frames=1&symb=%24indu&compidx=aaaaa%3A0&ma=6&maval=9&uf=8&lf=2&lf2=512&lf3=65536&type=4&size=3&state=8&sid=1643&style=320&time=4&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&mocktick=1]http://bigcharts.marketwatch.com/charts/big.chart?frames=1&symb=%24indu&compidx= aaaaa%3A0&ma=6&maval=9&uf=8&lf=2&lf2=512&lf3=65536&type=4&size=3&state=8&sid=164 3&style=320&time=4&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&mocktick=1[/URL] http://stockcharts.com/h-sc/ui?s=FAZ&p=D&yr=0&mn=1&dy=0&id=p80569817491 [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2