NDX has been down trending, joined by SPX.
DOW to join and confirm downtrend also next week?
Triple Crown
NDX has been down trending, joined by SPX.
DOW to join and confirm downtrend also next week?
Property Newbie
chart or gtfo ..
I took the road less traveled by, and that has made all the difference.” - Robert Frost quotes (American poet, 1874-1963)
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Stocks n shares dropping like flies, quick bail out and put the money in real estate.
Music of the night
Buy on dip
Ride at your own risk !!!
Senior
what goes up must come down...what comes down must go up...
and i not talking about whats between every mans legs...
Junior
for a moment....I was all ears and i thought you meant........Originally Posted by radha08
what goes up must come down...what comes down must go up...
and i not talking about whats between every mans legs...
Junior
even it happens, it is not going to be significant.
Junior
really? how so? can enlighten me ? I feel the same, but I want to hear your view
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love the banana iconwhat goes up must come down...what comes down must go up...
and i not talking about whats between every mans legs...
Junior
aiyaya. Ur much better than me in every respect.really? how so? can enlighten me ? I feel the same, but I want to hear your view
President election is on the way........then...what is your feel? share share
Triple Crown
Key numbers for SPX:
2002Lo=768
2007Hi=1576
2002-2007=808 points
2009Lo=666
2012Hi=1474
2009-2012=808 points
SPX closed at 1429 last Friday, established a twin-peak formation at 1474s over the last 2 weeks.
Music of the night
Nowadays China-A share is a better worldwide technical indicator than S&P500
I will pay close attention to Monday China-A ... if it chiong for the whole week, confirm hosay pun pi pi ... if 2000 cannot hold ... then better watch out
Ride at your own risk !!!
Triple Crown
Agree that SSE is key index to watch should US entes its corrective cycle.
2000 is not necessarily important to hold, and prices appear to be completing its correction cycle since 2009.
Music of the night
I am monitoring those property stocks in China-A ... as long as they are still range bound ... no big problem to our dragon head
Ride at your own risk !!!
Triple Crown
Give a shout when you see something of note...I am monitoring those property stocks in China-A ... as long as they are still range bound ... no big problem to our dragon head
Triple Crown
(By its definition, I am not a trader, but I do follow the views of a secluded list of US-based equity traders. This is because the equity of property investment is notoriously difficult to hedge, and one has to hedge via other instrument.
Please do your own research, the sources will not be revealed, as I suspect that they will only serve to confuse the readers as they are very technical.
No matter how you look at the following message, you are entitled to your opinions, to which I will be interested as well. However, should you decide to murder the messenger, then of course this is the last post on this subject.)
The Message
Over the weekends, traders seemed to say the following, baselined to Friday's close:
- There is an upside risk of about 80 points for SPX, heavy resistance at the 1475 level,
- There is a downside risk of about 400 points for SPX, roughly equivalent to about 3600 points for the Dow.
Traders trade based on price actions printed on the chart, on various time dimensions, and they couldn't care less of the reasons behind the price actions.
Music of the night
Hint, more expansion of fed balance sheet in dec after op twist
Ride at your own risk !!!
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