Market hitting resistance

it's summer...

instead of trading 2000 shares you need to trade only 200 shares.

instead of 10 contracts trade only 2 contracts or just one in futures.

for big players like hedge funds it's not feasible to daytrade just not enough volume in some stocks...this for daytraders with tiny accounts.


Quote from MohdSalleh:

no liquidity this mkt sucks ass
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your analysis only applies to daytrading...

in a monthly chart it's resistance. and support is july lows or may lows before veterans day.

this market isn't 2003 okay....the downdraft from last year was way more serious and fundamental than any crash than the 2002 crash..that crash the real economy was not affected...this is fundamental crash and technical crash.

previous support is now resistance in all stocks and market.

this market will be trading range bound like the 70's going nowhere. march 9 lows is the support and here is the resistance this channel could be here for years. or even a decade

unless the stock pays a dividends stocks won't appreciate in price.

the 2007/2008/2006 market will be like distant memory...those glory crazy bubble prices...was i insane to own the stock.

stocks would need like p/e of 8 plus 10% dividend just to get notice. and still low volume or get people to own the stock.

with a stagnant or weak economy, stocks have no price appreciation cause their is decline growth or no growth or worse risk chapter 11.


during the tech bubble,,stocks has p/e of 200 cause many saw growing bright future in etc..but those companies aren't growing as fast and maturing....companies with no growth only deserve p/e no more than 10 in stagnant or risky economy

Quote from stock_trad3r:

this is a dip buy market meaning you buy all the dips

volume is falling because prices are going up so you can't buy as much quantity.
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A lot has changed between now and the 60's and 70's- changes which are conducive for strong economic growth.
For example: easy money fed policy, globalization, web 2.0, lax immigration policies, reduction of burdensome worker compensation programs & entitlement, phasing out of unions, ppl working longer, unrivaled productivity gains.
 
aging population is the big one. generation x and y is a lot smaller and lesss affluent.

immigration to the US after world war 2 is waning too. some cities even have population decline.

Quote from stock_trad3r:

A lot has changed between now and the 60's and 70's- changes which are conducive for strong economic growth.
For example: easy money fed policy, globalization, web 2.0, lax immigration policies, reduction of burdensome worker compensation programs & entitlement, phasing out of unions, ppl working longer, unrivaled productivity gains.
More...
 
Quote from stock_trad3r:

A lot has changed between now and the 60's and 70's- changes which are conducive for strong economic growth.
For example: easy money fed policy, globalization, web 2.0, lax immigration policies, reduction of burdensome worker compensation programs & entitlement, phasing out of unions, ppl working longer, unrivaled productivity gains.
More...

Why do you have to ruin this for us? If you want the market to go up, please don't post.
 
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