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

"Sell down to your sleeping point"

Tuesday, April 7, 2009

Where are we? Hey Even a small chart

So, I have heard my second reference to the 200DMA in the past 2 days, The first Besides T-Lo. Not that anyone is calling it, I'm just making reference for sentiment sake.

When i look at the intra day, Upvolume is stronger than down volume it seems. So that is a good sign.
Let me just be Sort of realistic here... there is a chance we could have a week more or so of more of consolidation above the 50dma. On the flip side It's only monday and I feel beaten like a sack of ..... Laundry or something. As I fell asleep, I realize I'm still feeling under the weather. This sort of feels like some short term Aversion.... Or I'm sick.... LOL.

I guess my point is, we could see the horror show of just Shaking back and fourth for a while.
but it has yet to feel like euphoria.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc