The ACD Method
- Thread starter sbrowne126
- Start date
Feels like blow off top is in progress.
Right?
End of qtr, (and what a qtr it was). New OR for April Monday. New market, (the 2012 market). End of month, end of week, etc.
Not much to say except if you won, you did ok, but the market gave you the chance to win. If you lost, what'd you do wrong? Fix it, move forward.
Once again, much appreciation goes out to everyone who contributes here. Hope you all had a great Q1, and here's to the rest of 2012.
Cheers
LOL. Well, when I was posting all the time people were complaining the thread was moving too fast to keep up. So when I slow down, now people are complaining that it's moving too slow. This thread has been active for over 2 years. And yet after all this time there are basically 3 posters. Myself, Shan and Quon. You other guys are going to have to jump in here. LOL. Between the book, the videos and this thread, there is more then enough info about ACD. All you people should be veterans now!
Sorry, I actually missed this post. Just the number lines. We were seeing huge divergences with a few numbers lines insanely strong dragging the indices higher but more and more number lines getting weaker.
For you non ACD people out there, many people refer to this as the breath of the rally. Where as the market goes higher there are fewer and fewer stocks making new highs. The leadership is getting thin.
If these really strong stocks that have led the market higher explode for one last gasp and roll over, they will take all the weak stocks with them lower.
Great Qtr. I haven't seen number lines as strong as they were this Qtr ever. What kept you in this rally is when the market pulled back, usually just for a day or two, the number lines stayed strong. There were really only a handful of weak areas.
As quon stated, we have a new qtr, new month and new weak starting on Monday. We also have a jobs report Friday and earnings season. This will be the last bit of excitement before the summer doldrums. Enjoy!