Stock Blog
wavegenius [651]
19-Mar-10
If the indices close at the lows, we could be seeing the start of a larger corrective 4...a 4 that could retrace the move from 2200 to 2400 in the NASDAQ...a full 4 would retrace to as low as 2345 to the downside (the previous 4)...
Posted at 10:15 in External Blog | Permalink | Comments ()
Posted at 09:25 in Holding Rationales | Permalink | Comments ()
We're finally getting something that resembles a deep retracement today in the indices...not deep enough to be a 4 or 2 on the 3 month charts yet, but at least the start of something..I'm "rooting" for a deep retracement so that it would setup trades....a market going straight up without retracements isn't easy to trade when you miss the intitial 2 before 3...
Posted at 08:15 in External Blog | Permalink | Comments ()
18-Mar-10
Posted at 09:30 in External Blog | Permalink | Comments ()
Posted at 08:30 in External Blog | Permalink | Comments ()
Posted at 07:30 in Holding Rationales | Permalink | Comments ()
We recently got what appears to be a W4 retracement within a W3 in the indices...we're now gradually forming the 5 of 3...what I want to see is all 5 waves complete, a W4 and a W5...I missed out on the recent 2 before 3, and I totally regret it...I'm trying to be patient for a new trade, but the indices keep ramping up without a deep retracement..
Posted at 06:30 in External Blog | Permalink | Comments ()
16-Mar-10
Posted at 15:40 in External Blog | Permalink | Comments ()
15-Mar-10
It's still early, but it looks like we're still stuck in a sideways 4 of 3 in the indices...DJI is getting hit as hard as SPX and NASDAQ, but it's enough to have a W4 appearance...it could get more wild into the close however, so by that time I could draw new targets..
Posted at 07:07 in External Blog | Permalink | Comments ()
14-Mar-10
Posted at 17:57 in External Blog | Permalink | Comments ()
2 Heavily Promoted ...
Solid video watchlist for today:
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TimothySykes
Thoratec - THOR
Consensus much too bullish on THOR ...
BioMedInvest
Was following anoth...
Simply followed another member into this with a v small shar...
PerryBlacher
Oil short
Oil companies have not yet corrected for drop in oil prices ...
berkokid
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