Picking Tops.

[eagle488]

I know when the top is approaching when I feel I need to get in right now. When I am totally frustrated and feel like selling the entire thing, then the bottom is near.

 

[stock_trad3r]

There wont be a top for a long long time

too much stability and support.

 

[5Pillars]

A/D's looking more favorable for another challenge of the MP level at 1404.25 now..........

http://www.charthub.com/images/2006/11/22/AD_Track__2.png

I need the NYSE to cross now and then we can get somewhere.

 

[S2007S]

another flat trading day....should get interesting by this afternoon. Friday the market is going to concentrate on retail sales. $27.8 billion is the number to beat for this 3 day weekend..

 

[5Pillars]

What time will that number come out?

 

[Dackster]

can somebody say when the top is in.

 

[Learner]

Quote from Dackster:

can somebody say when the top is in.

Long 12334@19:11 GMT, stop=12330.....

 

[Learner]

IF YM goes above 12345, the bulls win.....; below 12325 bulls are in trouble!

 

[stock_trad3r]

News no longer has an effect which includes retail sales numbers.

At this point traders and funds will keep the rally going till the innevitable blowoff top which may happen a long time from now.

 

[Learner]

Quote from Learner:

Long 12334@19:11 GMT, stop=12330.....

out@12358, 21:07 GMT......job done.