Posted by paulfirth on 15th of Sep 2010 at 09:09 pm
Thanks for the chart. I don't see any negative
divergence. I feel like a gambler (and I hate
gambling) but my guess is this formation will play out eventhough
fundamentally I don't think it should. To many people are
bearish... Were seeing any dips get
bought... 200 ma for support. Bears appear
to be covering? Soon new money will enter the market???
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Thanks for the chart. I
Older SPX Chart
Posted by paulfirth on 15th of Sep 2010 at 09:09 pm
Thanks for the chart. I don't see any negative divergence. I feel like a gambler (and I hate gambling) but my guess is this formation will play out eventhough fundamentally I don't think it should. To many people are bearish... Were seeing any dips get bought... 200 ma for support. Bears appear to be covering? Soon new money will enter the market???