not sure if it's my poor sleep last night, or just fatigue or the yips.
I may look for every exit I can find tomorrow...
I'm trying to get some clarity, but it isn't working.
Ok.... this is what I have....
I had to run 2 weeks of the Inviov sentiment indicator... since I'm to stupid to be a subscriber....
Let me just justify why... I want to "Learn to fish" and if I go on a fishing boat with a bunch of people and substitute someone elses judgment for my own. It's a mistake.
But I ran their Sentiment indicator, which is a ratio of Sell signals to Buy signals.
and it's about half way there, Today is the first day there are more Sells than buys....
when it hits Mostly Sells, and almost no buy's that is near a tradable low.
The 2 things that had be creeped out, is the tough move through this resistance, That the Financials are probably a buy, which has caused a bounce every time, and that nice V bottom they showed.
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
Tuesday, August 26, 2008
shoot
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment