Santa Claus Rally about to commence

[polpolik]

Looking more and more like we're hitting a temporary bottom and we might rally from here (at least until mid-January).

Going through the charts of MS, GS, C, SPX, NDX among others and I'm more convinced that we might be moving up from here.

 

[frank grimes]

yikes!

 

[makloda]

Let's hope this won't end in tears

 

[pumpanddumper]

Shit in the chimney, classic

 

[JSSPMK]

Quote from polpolik:

Looking more and more like we're hitting a temporary bottom and we might rally from here (at least until mid-January).

Going through the charts of MS, GS, C, SPX, NDX among others and I'm more convinced that we might be moving up from here.

I think short term trading is the name of the game right now, banks' technical analysts are warning of a H&S (everybody sees it), will there be a rally or not? ImO it's a 50/50.

 

[dsq]

head and shoulders bottom on the dow...

 

[polpolik]

Well, here we go. Just in time for Xmas weekend. Have a berry merry Xmas to all at ET

 

[mgabriel01]

perfect timing ---- Ive been looking for an example and commentary on an H&S Top


how bout this?

 

[stonedinvestor]

Nice spot DsQ-

Head & Shoulder BOTTOM in actually on NAZ & S&P too!

It's nice to look at the futures and call a santa rally but it is so much more impressive I think to have called this rally to the day ON THANKSGIVING!!!! As the team here at stonedinvesting did. Not only that, we have given you all a boatload of great new plays ready to work for this special time. What more could you ask for... oh yea peace to the world and all that...

~ stoney

 

[dsq]

"Nice spot DsQ-"

funny, i was quickly glancing thru the LA times or wall st journal business section the other day and they always have a 3month(?) graph of the dow on their roundup page...its a very plain bar graph but its the best one ive seen...the hs bottom formation just jumped out at me....