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Is the MACD still 'rolling over' ?? :D :D

Dspec, although I appreciate his comments and can't comment on his fundamental analysis I find his technical analysis biased and also detrimental to other members trying to learn what a trend is, and is NOT about guessing where an indicator is going to go... or is it? I've heard dozens of trend...

awesome, thanks, made some money already on LH and IBKR since yesterday. :D

Hummmm... <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1743258"></img>

robbie380, you sound very confident in your post, perhaps you could share some details on your trading strategies and how you went about becoming consistent. Do you have a blog somewhere?

Sharp, nice to see that you joined ET, I enjoy your blog and have posted a couple your urls here. I feel my trading has been improving since I started to look solely at the pv relationship.

no book, but lots of different posts about trading stocks on PV patterns here: http://www.tradeforgain.com/category/trades/ and here: http://www.tradeforgain.com/category/lessons/page/2/ all about supply and demand..

south america, thanks for the info. It's just interesting to see the opinions in this thread and how they reflect the problem and real bias in the US.... people just don't get it and are not even ready to open their minds to the real problem. Point in case, our US is in REAL TROUBLE, I mean...

yeah Joab, i like his posts... simple approach to looking at charts and makes money too.

And there was another example of H&S too... on the SMH <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1737085"></img>

Nick, stole a chart from the post I mentioned...as much as I agree with your perfect assessment of a H&S I think the strong argument the guy at the tradeforgain blog is making is that it's testing support for the 3rd time... Perfect H&S or not is not the point... it's just an ugly pattern :-)...

it's likely that the market will give it a quick and short bounce before it resumes it's way to the downside... what worries me the most is that there's nothing positive (or was there ever) that can take the market up --- why will any rate drop helps... apparently the unemployment in the USA is...

agree with you and already wrote about an excellent post at TradeForGain.com http://www.tradeforgain.com/market-analysis/folks-no-need-to-tell-you-its-ugly-for-the-us-markets-the-big-picture-recap/ he also agrees with you...

Agreed, I just read a nice market review at http://www.tradeforgain.com/ and the dude show a chart that's right on the money... we're going down

Great, I will attend this time.

Mistake, sorry, please delete this thread

Shaqi, agree... most of his trading ideas are very solid, I personally like his style... I asked him to join ET, no answer yet.

Guy at TradeForGain wrote a nice article about Gold mining stocks and seems to think it's still going up... read it today, check it out http://www.tradeforgain.com/market-analysis/looking-at-the-history-of-gold/

Agree with you Shagi... I follow a dude at Tradeforgain.com and he usually on the money (I'm not associated with them) http://www.tradeforgain.com/market-analysis/fuzzy-system-gave-me-buy-signals-on-crude-oil-and-canadian-dollar/

BGP, percentage wise nothing scary about C today... even with the bad news... look at other stronger stocks, lots of them are still down... I personally expect it to test the previous support before it bounces (if)... regarding the dividend cuts... don't you think it was already accounted for in...