Tony- I agree the Transport sector has held up
well and rallied today, again there are some mixed signals in the
market.
For example I can make either a bullish case or a bearish
case,
so let's just let the
market decide instead of guessing
Have a good evening, I need some
sleep.
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charts
Posted by tonygrusso on 29th of Apr 2008 at 08:01 pm
Matt,
i believe by looking at individual leaders stock charts and Transportation index can tell a lot.
so, if you can do me a favor.
1) transportation index..do you think it can form a h&S pattern.what level does it have to break in order for the pattern to be invalid?
2) also if you can look at some leaders like:
AAPL, GOOG, RIMM, BIDU..and tell me if their charts look okay ..or possibly bearish..that could take market down if they go down..
would appreicate your input. thanks and have a good night.
p.s. i will post this on the regular message board just incase you didn't have a chance to read this.
Tony- I agree the Transport
Posted by matt on 30th of Apr 2008 at 01:11 am
Tony- I agree the Transport sector has held up well and rallied today, again there are some mixed signals in the market. For example I can make either a bullish case or a bearish case, so let's just let the market decide instead of guessing
Have a good evening, I need some sleep.