|
PureBytes Links
Trading Reference Links
|
How about manipulation in the closing hours? Plus squeezing of the
intraday shorts?
Maybe the bears will be exahusted by then. I don't underestimate these
people especially a Friday, end of the week is critical,technically
speaking, a strong confirmation. So far. they always surprise everyone.
I read that it take only ten Dow stocks to make the DJIA go up , then SP
and Nasdaq will follow as the tail. Seen this too many times to ignore.
I am looking forward to this "Magic" in today's final closing hour.. If
they fail today , then the "dam" really broke this time. We'll see.
Yuri K wrote:
> At 21:30 8/13/98 -0600, you wrote:>Weekly trend down, daily trend is
> down, 30 min trend is down, 5 min trend is>down, tick trend is down,
> and there's a well-formed H&S top in the 5 min charts>which broke down
> in the closing hour. Unless one is RipVanWinkle, I suspect the>trend
> is down.>>Earl Could not agree more, markets trend and trends persist.
> But... the surprise if any is on the upside. That's the question I ask
> myself always:"Where the "surprise" could be?". Especially helpful,
> when things become too obvious. Again, I agree on trend direction.
> Hedging or stops would not hurt. Since we have plenty positive "hidden
> divergencies". Profitable trading or abstinence to you all,
>
> +
> Yuri
>
> Vancouver, USA
>
> Festina lente
|