Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, February 21, 2008
no guarantee
the UNS tick value... pictured a moment later hit 1108.... which isn't good for a bull market.
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3 comments:
I plead ignorance. What is USN or UNS?
:) it's the ratio of bids to the Asks
a negative number means more stocks are hitting the Ask price..
Which means panic selling.
Positive means panic Buying.
but just for that minute..
we have been solidly negative since 3 eastern... But we are trying to get some buying. right now....
if you get a chance
Brian Shannon...
http://www.alphatrends.blogspot.com/
has a good explanation of the triangles...
I have some issues with how he reads them... but he is more of a "Pro" than I am.
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