Dow DEFINITELY looks good to 9000

[dbphoenix]

Quote from dotslashfuture:

DB, it hasn't been a few weeks, its been a couple months now, and people have been in denial the whole way.

And before then, it was down. Again, so what? Saying that the market is bullish because it's going up is as much of a duh as saying that it's bearish because it's going down. However, bullish and bearish can have very little to do with up or down. If that's all there is to it, why discuss it at all?

 

[dbphoenix]

Quote from dotslashfuture:

trends say more about where we are going than ANYTHING ELSE.

Depends on how you define "trend".

 

[dotslashfuture]

oh boy, I hope that was a joke for your sake.

 

[alfonso]

Quote from dbphoenix:



Depends on how you define "trend".

Yes, be careful people. The word "trend" is db's territory; no one can define it like he can. Woe upon those who try.

 

[Jesse J.]

by DumB phoenix.

How many out there think this is the intellect of a winning trader?

 

[margo_trader]

db,

Off topic but was wondering if you are the same guy who has a TA website?

 

[JT47319]

Trends exist in multiple timeframes.

To say that the current trend is bearish is to be both correct and incorrect at the same time, unless one specifies the timeframe. Price action cannot and should not be viewed in isolation.

 

[dbphoenix]

Quote from margo_trader:

db,

Off topic but was wondering if you are the same guy who has a TA website?

Used to have one for beginners, but the webhost went bankrupt, so the website is no more. Sic transit, sic transit.

 

[margo_trader]

Thought that might be you. Was a good resource. I hope you get it back up in the future.

Quote from dbphoenix:



Used to have one for beginners, but the webhost went bankrupt, so the website is no more. Sic transit, sic transit.

 

[Jesse J.]

stuff hilarious?

He says the trend is not important, then admits he had a now-bankrupt website for beginners about technical analysis?

The website better have been for beginners!