A stock market top right here?

[krazykarl]

Quote from Buy1Sell2:

I don't believe it is well founded to try and interpret daily news. Market technicals will generally tell you what the market is feeling. Stay clear of news items, or lack thereof, on a daily basis.

news will trump any technical - i challange anyone to present a viable argument against that.


merrill blew out the numbers this morning. i am looking for a rally today.


(edit: i let the market interpert the news for me, i do my best to gague the headwinds...)

 

[Buy1Sell2]

Quote from krazykarl:

news will trump any technical -

For a very short time period--sometimes just minutes or seconds--Daily news is to be ignored.

 

[krazykarl]

Quote from Buy1Sell2:

For a very short time period--sometimes just minutes or seconds--Daily news is to be ignored.

you sound like an investor....

 

[Buy1Sell2]

Quote from krazykarl:

you sound like an investor....

I am a mostly long term player.

 

[EqtTrdr]

Quote from EqtTrdr:

bottom!!

SWEETNESS$$$

 

[Bitstream]

Quote from frank grimes:

I don't make calls, I just question bad ones

yeah, i think u shud consider questionin' u sexuality, u might have better luck

;p

 

[frank grimes]

nice bounce here, no question, but 1 day is 1 day. I will admit defeat at spoo 1325+. Patience is a virtue, but please feel free to take shots at me, if it makes you feel better. happy trading!

 

[Pabst]

The high of day is in. Time stamp it.

 

[EqtTrdr]

Quote from Pabst:

The high of day is in. Time stamp it.

of what?..lol

 

[Pabst]

Quote from EqtTrdr:

of what?..lol

LOl. I guess that does matter, eh?

I don't discount the possibility that NDX may never trade 1720 again.