Key reversal day in stocks

Not an opinion, just the ole phrase: if it can not go up it will come down. Physics i think....:)

"DA PLANE...DA PLANE"....the little guy always said. I say..."DA CHART...DA CHART" all else is immaterial.....:cool: :cool:
 
Market was up for a while. Today TXN and XLNX came up with mid Q outlook. They are up AH but I see them good candidate to short at these levels.
Short XLNX over 27.20 and cover at 26.50
Short TXN at the current level and cover a with profit you are happy. Swing trading target is $32. Every good news is already priced in. If there is a rally, it will be a suckers rally.
 
actually the weekly(spy) does not look that imminent for a pullback...
PS.
I've posted daily Dow chart....
here is the weeky spooz

Quote from dividend:

key reversal WEEK is not this week, its next week.
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actually the weekly(spy) does not look that imminent for a pullback...
PS.
I've posted daily Dow chart....
here is the weeky spooz

I see a couple of lipstick signs on the chart. Did anyone kiss it?



:D
 
Damn the cat is out of the bag now..That is my secret to market timing.
I only cross-dress on the week-ends and for special occasions...
Quote from hajimow:

actually the weekly(spy) does not look that imminent for a pullback...
PS.
I've posted daily Dow chart....
here is the weekly spooz

I see a couple of lipstick signs on the chart. Did anyone kiss it?



:D
More...
 
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