There have been a couple notable
bearish predictions to this group lately. Normally, I'd ignore these and go
with the flow. But my tape watching over the past week implies the market is
headed quickly higher. Theoretically when earnings start rolling in next week.
So much so that these have bugged me for a couple days. The only fly in this
ointment is that volume has been so low. Which reminds us of the saying,
"Never short a dull market".
If I were a longer term
trader I'd position myself for a bump with a stop at dow
9672.
If I were a day trader I'd
believe the beginning of any energetic move has
legs.
regards,
tbr
From:
realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of Ben
Sent: Friday, October 09, 2009 9:28
PM
To:
realtraders@yahoogroups.com
Cc:
astrofin@xxxxxxxxxxs.com
Subject: [RT]
sp500
Attach we are re visiting the
Market barometer
Notice 5 days ago it made a higher
hi then 9/28,
(Which resulted today a new
closing higher hi?)
Now for 4 days prices are going
higher WITHOUT the barometer confirming
This will result a
NICE decline
Have a great week
end
Ben
profitok@xxxxxxxxxxnet
P,
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Coming
soon
http://www.timing4commodities.com/