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???
Matt, I'm curious if you
Mid Caps
Posted by paulfirth on 15th of Sep 2010 at 08:19 pm
Matt, I'm curious if you have dismissed a reverse head and shoulders?