StockFetcher Forums · General Discussion · Intraday Trend Watch: S&P 500<< 1 ... 18 19 20 21 22 ... 30 >>Post Follow-up
nikoschopen
2,824 posts
msg #62552
Ignore nikoschopen
5/13/2008 11:30:00 AM

This baby will be thrown out with the bathwater all the same.



nikoschopen
2,824 posts
msg #62561
Ignore nikoschopen
5/13/2008 1:59:22 PM

Yahoo! Finance reports

Stocks Fall on Retail Report, Bernanke Speech, Oil - AP
Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. A jump in oil prices added to the selling.

However, it was only yesterday when they claimed that the market was rallying on the strength of dollar and falling oil prices. Why don't they ever write that the market is acting insane and its participants are a bunch of dumbass who will believe anything the self-serving pundits throw at them?

Same story, different idiots or different story, same idiots?

nikoschopen
2,824 posts
msg #62562
Ignore nikoschopen
5/13/2008 2:30:34 PM



nikoschopen
2,824 posts
msg #62591
Ignore nikoschopen
5/14/2008 11:56:20 AM

Can this be it? Although nothing can be certain, I think we're very close.

S&P 500 Daily

nikoschopen
2,824 posts
msg #62594
Ignore nikoschopen
5/14/2008 12:25:59 PM

Still far from certain, but this is my game plan for now.

S&P eMini (ESM8) 5-minute


nikoschopen
2,824 posts
msg #62598
Ignore nikoschopen
5/14/2008 2:12:34 PM

Some pissy bulls and their pent-up existential madness is shining through. This reminds me one of my '80s fav song. Ahhh, some nostalgic moment!



nikoschopen
2,824 posts
msg #62607
Ignore nikoschopen
5/14/2008 3:25:00 PM

Ain't that funny? As soon as Dee Snyder starts bellowing out "We're not gonna take it!", the market begins to swoon. It must have sensed my own existential angst. lol

nikoschopen
2,824 posts
msg #62608
Ignore nikoschopen
5/14/2008 4:08:27 PM

There ya have it, ladeez & gents. The damn thing fell flat on its face after three days of rally that turned out to be nothing more than a double-top reversal―exactly as I predicted three days ago. **wink,wink**

If it ever falls and closes below the trendline that you see below, you can say buh-bye to this stinker.

S&P 500 ($SPX) Daily

nikoschopen
2,824 posts
msg #62639
Ignore nikoschopen
5/15/2008 11:29:20 AM

At this point in time, the question hinges on not how buy when. It's a matter of time before the damn thing will retest the trendline, ultimately to pierce below. It's worth noting that the trendline was already visited 4 days ago and that the barricade usually comes down without resistance on the second knock.


johnpaulca
12,036 posts
msg #62640
Ignore johnpaulca
5/15/2008 11:51:55 AM

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