come on

W

weld1

this is it....maybe...the 50 day on the SPY was shakey this afternoon..be very careful if u r long!!!!!!!!!!!!!!!
 
One doesn't go short in a market that only goes up.

Eventually it will go down, but not until it does. And until it does, it's only going to keep going up.
 
Quote from bridenour:

One doesn't go short in a market that only goes up.

Eventually it will go down, but not until it does. And until it does, it's only going to keep going up.
More...
You're a smart guy. :cool:

IOW, don't fight the fed. :D
 
Quote from bridenour:

One doesn't go short in a market that only goes up.

Eventually it will go down, but not until it does. And until it does, it's only going to keep going up.
More...

Last I checked, the daily TL that supported the rally since March was broken last week.

Just make sure you're not the last sucker holding the bag.
 
Quote from bridenour:

trend lend, schmend lines.

i'll be a believer in down when 1k on the S&P breaks (i may even get nervous at 1020)
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Long/intermediate/short term trend remains UP.

To preserve it, I wouldn't really want to see a CLOSE below 1040.

If that 1030 - 1020 area fails to provide support on a market drop, it's going to be watch out below!
 
Quote from lurefo:

Monthly down, Weekly up, Daily down, 60 MN down, etc...

Basic Technical Analysis.
More...
Exactly!

Who said that I'm using those parameters to define the trend(s)? :D

LOL, cheers lumpy, it's always fun talking with the ET Braintrust. :p
 
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