Posted by dallahoo on 11th of Sep 2008 at 05:23 pm
why do people ask questions without first doing the study? what
strenght, take a look at up volume/down volume, compare it to a
couple of down days ago, and tell me if you see strength. take a
look at new lows/new highs/total issues, and show me strength. take
a look at summation index and show me strength
just because in the last 5 minutes shorts cover, that does not
consitute strength.
a cancer patient having a good day running the 100m run is not
strength.
until internals of the market improve, any talk of strength
is ridiculous
Posted by dallahoo on 12th of Sep 2008 at 08:32 am
Triangles and impulses - 2 more different things- this was a 5
wave impulse, looks no more like a triangle than a horse
next time when you ask a wave question, be more specific about
beginning and end prices, so that one knows what it is you are
talking about, just asking if a correction can have 5 waves is very
generic and hence the generic answer
why do people ask questions
Posted by dallahoo on 11th of Sep 2008 at 05:23 pm
why do people ask questions without first doing the study? what strenght, take a look at up volume/down volume, compare it to a couple of down days ago, and tell me if you see strength. take a look at new lows/new highs/total issues, and show me strength. take a look at summation index and show me strength
just because in the last 5 minutes shorts cover, that does not consitute strength.
a cancer patient having a good day running the 100m run is not strength.
until internals of the market improve, any talk of strength is ridiculous
Price/volume and breadth - 2
Posted by kreem on 12th of Sep 2008 at 02:11 am
Price/volume and breadth - 2 different things
Triangles and impulses - 2 more different things- this was a 5 wave impulse, looks no more like a triangle than a horse.
Triangles and impulses - 2
Posted by dallahoo on 12th of Sep 2008 at 08:32 am
Triangles and impulses - 2 more different things- this was a 5 wave impulse, looks no more like a triangle than a horse
next time when you ask a wave question, be more specific about beginning and end prices, so that one knows what it is you are talking about, just asking if a correction can have 5 waves is very generic and hence the generic answer
Thanks dallahoo - Here's the $NYSIas
Posted by dodgerdog on 11th of Sep 2008 at 05:40 pm
Thanks dallahoo -
Here's the $NYSIas of today which appears to be rolling over.
and nasdaq rolled over a
Posted by dallahoo on 11th of Sep 2008 at 05:41 pm
and nasdaq rolled over a few days ago
Yup - alot of noise
Posted by dodgerdog on 11th of Sep 2008 at 05:42 pm
Yup - alot of noise in the short term in the market prior to earnings season which could be scarry.